The Department of Health and Human Services (HHS) recently announced the second round of grants as part of its State Innovation Models Initiative. The grants, totaling more than $665 million, will be split among 28 states, three territories, and the District of Columbia. The money will be used to “design or test innovative healthcare payment and service delivery models,” according to HHS and will reduce costs for Medicare, Medicaid, and the Children’s Health Insurance Program.
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