FOR IMMEDIATE RELEASE: Thursday, January 16, 2014
For more information, contact Georgia Maheras (802-505-5137)
Vermont Health Care Innovation Project Announces Grant Program
Montpelier, VT – The Vermont Health Care Innovation Project announces a new Grant Program to support health care system innovation.
The federal Centers for Medicare and Medicaid Innovation (CMMI) awarded the State Innovation Model (SIM) grant to Vermont. The grant provides funding and other resources to support health care payment and delivery system reforms aimed at improving care, improving the health of the population, and reducing per capita health care costs, by 2017.
To maximize the impact of non-governmental entity involvement in this health care reform effort, Vermont identified funding within its SIM grant to directly support providers engaged in payment and delivery system transformation. The State has determined that a competitive grant process will foster innovation and promote success among those providers eager to engage in reforms. These grants will be reviewed by the VHCIP/SIM Core Team using the criteria found in the Grant Program (GP) Criteria.
Applicants can seek technical assistance support as well as direct funding. The total amount available for direct funding is $3,377,102. Applications are due by February 14, 2014.