Managed Care Organizations vs. Accountable Care Organizations

What is the meaning of managed care? The phrase “Managed care” refers to a kind of healthcare that concentrate on lowering costs while delivering high-quality care.  

The modern health plans have the characteristics of managed care, such as drug tiers, oversight practices, and provider networks.

Discuss the differences and similarities between Managed Care Organizations (MCOs) vs. Accountable Care Organizations (ACOs). Given the current health care environment, provide solid speculations as to how MCOs and ACOs may transform to meet the needs of their consumers. Be sure to support your thoughts and analysis with scholarly sources.