CMS Posts Additional Application Guidance for State Innovation Models Initiative - Sept. 18, 2012

The Centers for Medicare & Medicaid Services (CMS) has posted application submission guidance for states interested in applying for the State Innovation Models Initiative. CMS has also created and posted screen shots of the application – due Sept. 24 at 5:00 pm ET – being filled out. This initiative will fund states as they work to implement innovative multipayer payment and delivery models that lower costs and improve quality. Interested states can apply for two types of awards: Model Testing or Model Design. The Model Testing awards will go to states that have already developed innovative models and are in the testing process; the Model Design awards will provide funding and technical assistance to states as they look for the best model for them. Up to five states will be chosen in the initial round of the Model Testing awards and up to 25 states for the Model Design awards. A second opportunity will most likely be offered next year.