What Investors Can Learn From States' Health Initiatives
Law360, New York ( March 26, 2015, 2:52 PM EDT) -- Amidst a nationwide call for greater efficiency and innovation in the health care industry, the Centers for Medicare and Medicaid Services established an initiative to assist states in developing innovative solutions to health care payment and delivery challenges. CMS' Innovation Center has granted states more than $960 million for health care systems and delivery development through its State Innovation Models (SIM) Initiative. CMS estimates that this initiative, along with the Innovation Center's other programs, has reached over 2.5 million Medicare, Medicaid and Children's Health Insurance Program (CHIP) beneficiaries. A health care funding program of this magnitude provides private investors with valuable information and cues for future investment....
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