At
last someone is looking to cut healthcare cost innovatively- The Health
Care Innovation Challenge program, announced on 14th November, last
year is the most recent federal effort by the Center for Medicare and
Medicaid Innovation (CMMI) to support health care innovations. The
program is aimed at awarding grants to physicians and other health professionals, payers, local governments, to improve care and reduce costs for patients with public coverage.

The
center will provide grants of $1 million to $30 million, which is to
come from the $10 billion the center is receiving from the health system
reform law. With applications for the innovation challenge grants due
on 27th January, 2012, the innovation center expects to notify awardees
by 30th March, 2012. Additionally CMMI – part of the Centers for
Medicare & Medicaid Services (CMS), is managing several similar
programs designed to improve health care by providers.

Priority Areas for Proposals for the Health Care Innovation Challenge program include:

The
Health Care Innovation Center recognizes that new types of
infrastructure activity are critical for implementation of the recent
program like: data intermediaries for quality reporting and information
sharing; transparency initiatives; preventive care models; medication
reconciliation systems, etc. Physicians to cater to the likely increase
in administrative burdens can utilize professional healthcare services.

Medicalbillerandcoders.com
has been advocating the use of new workflows and innovative ideas of
practice management to cut healthcare costs since a decade now. MBC has
been offering innovative but ethical means like work-specialization,
training and implementing simple technology to reduce tedious
administrative jobs. MBC is a well-entrenched association of highly
experienced medical billers and coders who can provide services to
ensure a healthy revenue returns for healthcare providers, and assist
them in solely looking at improving healthcare for the aging US
population.

About Medical Billers and Coders

Medical
Billers and Coders is the largest consortium of Medical Billers and
Coders in the United States. Our aim is to help the physician community
to

reach the right expertise in the right location at the right time.

Physicians
usually prefer the technology and expertise of a large billing company
and the customization and attention of a local Biller Medical Billers

and Coders brings out the best in both the options and caters to the exact need of the physicians’ billing requirement.

For more information visit: Medical Billing Services, Medical Billing Companies