The Obama administration today rolled out a new billion-dollar initiative that will reward the “most compelling new ideas” for lowering costs and improving care of Medicare and Medicaid patients with lucrative federal grants.
The Health Care Innovation Challenge, to be run by the Department of Health and Human Services, will provide between $1 million and $30 million over three years to individual organizations or coalitions that develop sustainable, new approaches to boosting health care quality and efficiency.
Funding for the program was included as part of the 2010 Affordable Care Act, parts of which are now slated for a review by the Supreme Court.
To read the full, original article click on this link: Obama Health Care Law Funds $1B Push for ‘Innovation,’ Jobs - ABC News
