Skip to comments.HHS Doles Out 2nd Round of $ Billion Dollar Innovation Awards, Savings Seen Yet From 1st Round???
Posted on 05/16/2013 4:45:01 AM PDT by IbJensen
(Health and Human Services Secretary Kathleen Sebelius)
(CNSNews.com) Health and Human Services Secretary Kathleen Sebelius announced Wednesday the second round of about $1 billion in Health Care Innovation Awards, as part of the ongoing implementation of the Affordable Care Act, or Obamacare.
Were going to announce the latest steps were taking to spur innovation in our health care system by supporting some of the most promising ideas from around the country from lowering cost by improving the quality of care, Sebelius said.
Bringing down health care cost is our top priority, Sebelius said.
But Richard Gilfillan, director of the Center for Medicare and Medicaid Innovation at the Centers for Medicare and Medicaid Services, who took questions from reporters on the conference call, could not tell reporters how much the $900 million awards given out last year has saved taxpayers in health care costs.
A reporter asked Gilfillan about the $1.9 billion savings over three years that HHS officials had predicted from the first round of awards and whether he could report any savings over the first year.
All of our round-one proposals, our applicants, have put in operating plans, Gilfillan said. Theyve begun operations, but we do not have any estimates to share with you at this time.
Another reporter asked a more pointed question:
Has CMSs actuaries found or confirmed savings by any innovation center project at this point, and are you guys preparing yet to expand any of them to become a permanent nationwide program as youre authorized under the health law? the reporter asked.
We are still in relatively early stages of the roll out of some of the models that we have, Gilfillan said. Were working closely with our colleagues in our evaluations group and our colleagues in the actuarial group to monitor performance.
We do not have any results that we would use to pursue the path you describe, Gilfillan said.
Do you know when you might? the reporter asked.
Im not commenting on that today, Gilfillan said.
Under this announcement, CMS will spend up to $1 billion for awards and evaluation of projects from across the country that test new payment and service delivery models that will deliver better care and lower costs for Medicare, Medicaid, and Childrens Health Insurance Program (CHIP) enrollees, a press release on the announcement stated.
The announcement of the awards, which are funded by the health care law, mentions cost savings: Each model is expected to generate savings for the total cost of care for Medicare, Medicaid and/or CHIP beneficiaries.
Last years awards averaged $8.4 million each and were given to projects in all 50 states, Puerto Rico and the District of Columbia.
Is this a great business plan or what?
The dunces spend $1 billion to show how much it costs to 'innovate' savings then pronounce that there is no proof that anything has been saved and it certainly wasn't the original $ 1 billion. Then the mental giants announce that this 'incentive' worked so well (how well? They didn't come here to discuss that) that they're going to do it again and again and again until the second coming of Jesus Christ. I can only wish I hadn't wasted my time the military and graduate school. I could be as smart as this 'cream of America's crop'.
Sounds like the "investments" Odumbo has made in "green industries".Just spend it. Positivie results are not necessary. Solyndra anyone? What contempt these elitists have for the American Citizen....they do think we're so dumb we'll never rise up in anger and do something about this criminal activity.
Even after the evil horrors of Sequester? They have money for this but not for Air Traffic Controllers?
Wasn’t sillybus just out there asking for donations to fund the health care program?