Tuesday, June 3, 2014

CMS Announces Round Two of SIMs

Mike Cheek

The US Department of Health and Human Services, Centers for Medicare & Medicaid Services (CMS) Innovation Center announced the launch of round two of the State Innovation Model initiative (SIM) and up to $730 million in funding to help states design and test improvements to their public and private health care payment and delivery systems. The SIMs initiative will provide financial and technical support to states to design or test innovative payment and service delivery models that will improve health, improve care and lower cost for Medicare, Medicaid, and Children’s Health Insurance Program beneficiaries.

CMS will award up to $30 million for up to 15 Model Design cooperative agreements and up to $700 million in funding for up to 12 state-sponsored Model Test cooperative agreements through this funding announcement.

In 2013, CMS awarded the first round of SIM funding to 25 states. For an overview of SIM post-acute and long-term care impacts see the attached AHCA/NCAL summary document of the 25 currently funded projects.

To view document of the 25 funded projects and the summary Click Here: http://www.ahcancal.org/facility_operations/Documents/State%20Innovation%20Model%20Grant%20Overview%20Round%201.pdf

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