Preferred provider organization

In U.S. health insurance, a preferred provider organization (PPO), sometimes referred to as a participating provider organization or preferred provider option, is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at reduced rates to the insurer's or administrator's clients. == Overview == A preferred provider organization is a subscription-based medical care arrangement.

Source: Wikipedia — Preferred provider organization (CC BY-SA 4.0)