States can apply for either Model Testing awards to assist in implementing their already developed models, or Model Design awards that will provide funding and technical assistance as they determine what type of system improvements would work best for them. Up to five states will be chosen for the initial round of Model Testing awards and up to 25 states will be chosen for Model Design awards. Up to $275 million is available in funding, including for $50 million for Model Design and $225 million for Model Testing.
CMS expects to offer a second opportunity for all states to apply for a Model Testing award next year. State Innovation Models initiative applications will be evaluated and reviewed by an independent review panel, CMS and its independent Office of the Actuary.
“These awards are an incentive for states to, recruit partners, and accelerate the work that many of them are already doing to improve health care and lower costs,” said CMS Acting Administrator Marilyn Tavenner.
For more information on the State Innovation Models initiative and to learn more about how states can reform health care payment and delivery, please visit: innovation.cms.gov/initiatives/State-innovations.