CMS Innovation Center Announces Health Care Innovation Awards
On May 8, 2012, the U.S. Centers for Medicare & Medicaid Services (CMS) Innovation Center announced the first batch of preliminary awardees for the Health Care Innovation Awards. Last November, the CMS Innovation Center issued a $1 billion challenge to the country asking innovators to send them the most compelling new ideas that deliver better care and better health at lower costs to people enrolled in Medicare, Medicaid and the Children's Health Insurance Program (CHIP), particularly those with the highest health care needs.
Today's awards will support 26 innovative projects nationwide that will save money, deliver high quality medical care and enhance the health care workforce. These projects will be funded for three years. The CMS Innovation Center will announce the next round of preliminary awardees in early June 2012.