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Providers will put Blue Shield ACO grant money toward EHRs, HIEs

Blue Shield of California is giving $20 million to 18 California hospitals, health systems, clinics, and physician groups to help them create accountable care organizations (ACOs). Some of the grants will be used to implement information systems, including health data exchanges, electronic health records and predictive modeling tools. Blue Shield is providing the grants, which range from $300,000 to $2 million, to help meet its pledge to cap profits at 2 percent of revenues.