Federal Health Care Innovation Grants Now Available
The Health Care Innovation Challenge initiative has announced the
availability of significant federal grants to help reorganize
care delivery to achieve improved patient and cost
outcomes.
Funded by the Affordable Care Act and operating out of the
Centers for Medicare and Medicaid Services (CMS), the Health Care
Innovation Challenge (HCIC) will award grants from $1 million to
$30 million over the next three years. Applications are open to
local government, providers, payers, community-based
organizations.
These new HCIC grants are earmarked for projects that will
improve the care and health of people enrolled in Medicare,
Medicaid and the Children’s Health Insurance Program – with an
emphasis on indigent health care needs. The HCIC is especially
interested in public-private partnerships and multi-payer
approaches. Eligible projects must be operable within six months
or receiving an award, and each participating program will be
monitored and measured to ensure compliance with federal grant
requirements.
