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CMS is now accepting grant applications from rural communities to improve healthcare

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The Centers for Medicare and Medicaid Services today released a notice of funding opportunity for rural communities across the country.

Under the Community Health Access and Rural Transformation Model Community Transformation Track, CMS will award grants to up to 15 rural communities to work with healthcare providers and payers. The goal of this initiative is to improve access to high-quality, sustainable and value-based care, according to CMS.

The award recipients will receive cooperative agreement funding and a program framework to assess the needs of their community and implement a healthcare delivery system redesign. Hospitals participating in the alternative payment model will receive capitation payments.

To be eligible, organizations must represent a rural community as classified by the Federal Office of Rural Health Policy. Applications will be accepted until February 26, 2021.

In addition to the Community Transformation Track, CMS created the Accountable Care Organizations Transformation Tack. This program will select up to 20 rural-focused ACOs to receive advance payments as part of joining the Medicare Shared Savings Program. The amount for the upfront payment and monthly payments will vary based on the level of risk that the ACO accepts in the Medicare Shared Savings Program and the number of rural beneficiaries assigned to […]

read more here —> www.healthcarefinancenews.com

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