CMS Innovation Center Launches $1 Billion Initiative to Fund New Delivery/Payment Models

May 16, 2013


Neurologists can win awards of up to $30 million to test an innovative model that will deliver better care and lower costs. On May 15, the Department of Health and Human Services announced the second round of Health Care Innovation Awards for projects aimed at transforming the health care system by delivering better care, better quality and lower costs for patients. The Centers for Medicare & Medicaid Services (CMS) is seeking innovations aimed at improving care for patients with specialized needs like Alzheimer's disease or requiring long–term support and services. As the delivery of care shifts toward better coordination and care transitions, neurologists are in a unique position to participate in these models because you typically treat patients with chronic conditions. CMS is also accepting proposals for models designed for specific physician specialties that treat patients with complex medical issues. To learn more about this exciting funding opportunity, please visit the Innovation Models page of the CMS website.

If you are interested in applying, the CMS Innovation Center must receive your letter of intent by June 28, 2013 at 3pm ET. Applications will be made available June 14 and must be submitted through by August 15, 2013 at 3pm ET.