Authorized by the Affordable Care Act, the Health Care Innovation Awards will fund up to $1 billion in grants for projects that aim to improve care and lower costs for people enrolled in Medicare, Medicaid and Children's Health Insurance Program, as well as enhance the health care workforce. This first round of awards will support 26 innovative projects nationwide, which received a total of $122.6 million, and are projected to reduce health spending by $254 million over the next three years.
Several projects that received funding are focused on implementing strategies to improve care transitions to reduce hospital readmissions. These strategies include training and making use of care transition specialists and care management teams, implementing evidence based care transition programs for high-risk patients, and utilizing telehealth and other technology to coordinate care.
Please find attached a detailed summary of the first round of projects funded by the Health Care Innovation Awards.
For more information on the Health Care Innovation Awards, please click here.
Interactive database of profiles, http://www.innovations.cms.gov/initiatives/Innovation-Awards/Project-Profiles.html
taken from http://www.ntocc.org/News/tabid/59/post/hhs-announces-the-first-26-health-care-innovation-awards/Default.aspx
Several projects that received funding are focused on implementing strategies to improve care transitions to reduce hospital readmissions. These strategies include training and making use of care transition specialists and care management teams, implementing evidence based care transition programs for high-risk patients, and utilizing telehealth and other technology to coordinate care.
Please find attached a detailed summary of the first round of projects funded by the Health Care Innovation Awards.
For more information on the Health Care Innovation Awards, please click here.
Interactive database of profiles, http://www.innovations.cms.gov/initiatives/Innovation-Awards/Project-Profiles.html
taken from http://www.ntocc.org/News/tabid/59/post/hhs-announces-the-first-26-health-care-innovation-awards/Default.aspx
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