Health care providers, businesses to compete for innovation challenge grants

Filed under: Daily News,Health Care,Uncategorized |

The federal government is offering challenge grants for innovative projects that test creative ways to deliver high-quality medical care while saving money – and it’s focusing on projects that hire, train and deploy medical health care workers.

Colorado Sen. Michael Bennet said the grants could serve as amodel to improve care at a reduce cost across the country.

The grants are funded as part of the Affordable Care Act. The Department of Health and Human Services will award money in Mrch to companies who implement the best new ideas for health care to people in Medicare, Medicaid and the Children’s Health Insurance Program.

Projects should start within six months. Awards will range from $1 million to $30 million during a three year period. Applications are open to providers, payers, local government, community based organizations and to public-private partnerships and multi-payer approaches. Each project will be evaluated and monitored for measurable improvements in quality of care.

More information about these grants – and others – are available at a newly created database about pilot projects, grants and workforce development initiatives available to Coloradans through the Affordable Care Act. For the guide to grants, go to http://bennet.senate.gov/affordablecaregrants.

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