CMS Unveils $1B In ACA Grants For Innovative Care

Law360, New York (May 15, 2013, 2:30 PM ET) -- The Centers for Medicare & Medicaid Services on Wednesday announced availability of $1 billion in Affordable Care Act grants to test new health care delivery models certain to be watched closely as policymakers study whether innovation can deliver higher quality and lower costs.

The investment, which joins $900 million doled out last year to more than 100 recipients, is central to the Obama administration's goal of weaning providers off the traditional fee-for-service system and into arrangements where compensation varies depending on cost containment and patient outcomes....
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