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CMS Grants Providers $122M to Improve Care, Cut Costs
Health Leaders Media

The Obama administration on Tuesday announced grants worth $122.6 million to 26 health organizations around the country that have proposed ideas for improving care while saving money. The next round of funding, from a total pool of $900 million, will be announced in June.

“No one understands the limitations of our current healthcare system better than doctors and nurses,” Health and Human Services Secretary Kathleen Sebelius said during a news briefing to announce the winners.