Fall 2014 - Innovation

Round Two Recipients Chosen for Health Care Innovation Awards

Thirty-nine recipients from 27 states and the District of Columbia have been chosen by the Department of Health and Human Services to receive Health Care Innovation Awards that total as much as $360 million to test care models designed to deliver better healthcare and lower costs. The prospective (not yet final) awards range from an expected $2 million to $23.8 million over a three-year period.

The awards are made possible by the Affordable Care Act and are for round two of the Health Care Innovation Awards program. This round will include five awards focusing on improving emergency care; ten awards focusing on improving care for children; four awards focusing on promoting prevention and improving management of cardiovascular disease; seven awards focusing on promoting better rural care coordination and telehealth; seven awards focusing on improving care for frail elderly patients or providing support for aging in the community; and two awards focusing on promoting better care for persons living with HIV/AIDS.

In 2012, 107 organizations located in urban and rural areas, all 50 states, the District of Columbia and Puerto Rico received awards through round one of the initiative. The second round differs from the first round because the Centers for Medicare and Medicaid Services specifically sought innovations in four areas: rapidly reducing costs for patients in outpatient hospital and post-acute settings; improving care for populations with specialized needs; testing improved financial and clinical models for specific types of providers; and linking clinical care delivery to preventive and population health.

More information about the Health Care Innovation Awards program can be found at innovation.cms.gov/initiatives/Health-Care-Innovation-Awards/Round-2.html.

BSTQ Staff
BioSupply Trends Quarterly [BSTQ] is the definitive source for industry trends, news and information for the biopharmaceuticals marketplace. With timely and critical information, each themed issue covers topics ranging from product breakthroughs, industry insights and innovations, up-to-the-minute news on the latest clinical trials, accessibility, and service and safety concerns.