CMS Will Keep A Close Eye On ‘Innovation’ Funding
Funds for new Medicare experiments -- appropriated as part of the health law -- may require special scrutiny to ensure they are spent correctly, a Medicare official said, CongressDaily/NextGov reports. "The health reform law establishes the Center for Medicare and Medicaid Innovation in 2011, appropriating $15 billion for the office over the next 10 years. The center is tasked with testing new payment and delivery systems for Medicare and Medicaid, with an aim toward reducing spending in the programs." But, Medicare Payment Advisory Commission Executive Director Mark Miller said Monday, "We will have to vigorously protect the money and make sure it is used for these purposes" (McCarthy, 5/10).This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.