What are the Targeted Cost Challenge Investments?
The goal of the Targeted Cost Challenge Investments is to support innovative delivery and payment models that are poised to be taken to scale and make a meaningful impact on the Health Care Cost Growth Benchmark in years to come. Eligible applicants and their partners proposed initiatives that will reduce the cost of care to the health care system while improving quality and access in eight priority areas of high spending.
What do these investments fund?
The HPC will award a number of investments during two rounds of competitive funding to eligible applicants, with the intention of implementing rapid, creative transformations in existing systems. For Round 1, the HPC award up to $750,000 per proposal to eligible applicants and their partners, for a total funding opportunity of $7,000,000.
Who is eligible to apply?
Eligibility for the program is established through criteria specified by regulation and Chapter 224. Providers, provider organizations, and carriers that demonstrate their commitment to creating sustainable, innovative strategies through collaboration by targeting a challenge area together may apply for funding.
|Applicant Name||Proposed Award Cap|
|Behavioral Health Network||$750,000|
|Berkshire Medical Center||$741,920|
|Boston Healthcare for the Homeless Program||$750,000|
|Boston Medical Center||$747,289|
|Brookline Community Mental Health Center||$418,583|
|Commonwealth Care Alliance||$598,860|
|Lynn Community Health Center||$690,000|
|Spaulding Hospital Cambridge||$746,487|