The Centers for Medicare and Medicaid Services announced last week that $1 billion in grants are available in a second round of funding under the Affordable Care Act to support innovative ways to improve health care outcomes.

This year, the agency is focusing its new three-year grant awards on four core areas: rapidly reducing costs in outpatient and post-acute settings, improving care for patient populations with specialized needs, testing improved financial and clinical models for certain types of providers and linking clinical care delivery to preventive and population health.

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