Maine Receives $33 Million Payment Reform Grant
So, this should fix the problem. A 30 million dollar investment for a three billion dollar return.
"....by allowing patients to collect consistent information, patients can compare different healthcare providers and get help in navigating the path to a peer physician who has experience in his or her health condition..."
Maine will receive a $33 million three-year grant from the federal government intended to test whether new health care payment and delivery models will produce better results and lower health care costs than the present system according to an announcements by state and government officials on Friday. Funding will come in the form of a Cooperative Agreement from the U.S. Department of Health and Human Services, Centers for Medicare & Medicaid Services (CMS), Center for Medicare & Medicaid Innovation (CMMI). The Innovation Center was established in the Affordable Care Act (ACA).
Maine will receive a $33 million three-year grant that will test whether new payment and service models will produce superior results and lower costs. The effort, called the Maine Innovation Model, hopes to achieve more than $1 billion in overall savings over a three-year period.
"As a result of collecting consistent information, patients can compare different health care providers in terms of cost and quality and find practices that best fit their needs, regardless of how the bill is being paid." Mayhew said that resources will be available through the grant to assist patients in managing their own health conditions, including help to navigate the path to care from a peer who has experienced his/her health condition.
