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CMS Seeks to ‘Rapidly Reduce’ Medicare Spending with $1B in Grants
Health Leaders Media

Nearly $1 billion in grant money will be available to healthcare providers that can demonstrate a high likelihood of success in rapidly lowering costs and improving quality for chronic and special needs populations, the Centers for Medicare & Medicaid Services announced this week. “Over the last three years, we have seen national healthcare cost growth slow significantly and we want to continue that trend by helping to improve the delivery of healthcare by testing new models of paying for quality care, CMS’s newly confirmed administrator Marilyn Tavenner said in prepared remarks.