Health Care Innovation Awards Round Two
For those of you who applied for the Innovations Awards Program Round One and were denied, or for those of you who didn’t apply, CMS/CMMI is providing you with another opportunity to do so. The program is open to virtually any health organization (the exception is that CMS will not entertain proposals that are primarily focused on inpatient hospital based programs) interested in proposing innovative service delivery and payment models focused on the Medicare, Medicaid and Children’s Health Insurance program (Chips) eligible populations. CMS will fund those proposals that have the greatest potential for driving health care delivery transformation and innovative pricing methodologies. There is approximately $900 million in available funding.
Interested organizations can apply in four different “Innovation” categories including; a) models designed to rapidly reduce costs in outpatient and post acute care settings; b) models that improve care for specialized populations such as persons living with Alzheimer’s; c) models that test by provider type approaches for clinical and financial transformation (for example, a new approach to treatment and financing of Cardiology Services); and d) models that improve the health of populations defined as wellness or comprehensive care programs which go beyond the clinical service delivery settings.
Any proposals submitted should address how payment and service delivery models being tested will relate to benefit designs and/or new payment approaches that CMS intends for broader application.
To apply, be aware of the following dates:
Letter of Intent is due on or before June 28, 2013
Application Due date is August 15, 2013 by 3:00 pm EST
Anticipated Awardee Announcements is January 15 & 31, 2014
Anticipated performance period is April 1, 2014- march 31, 2017
As usual, filing a Letter of Intent gets you a seat at the table but does not obligate you to proceed with an application.
We specialize in helping organizations considering participating in CMS/CMMI sponsored demonstration program assess the strategic implications of participating. We are experts at helping organizations file applications successfully. If you think the Innovations Awards Round Two Program is for you, contact us today.
Resources
To find out how Gorman Health Group can help ensure you have a smooth application process, visit our website.
No matter what delivery system arrangement you currently have, or what course you intend to pursue, GHG can help. Visit our website to learn more.