Monday, August 5, 2013

Resource available for Health Care Innovation Awards Round Two applicants

The CMS Innovation Center is making available through August 15, 2013 the Model Impact Estimator, a tool designed to help health care innovators make cost calculation estimates based on 2011 Medicare utilization data. This tool is being shared with Letter of Intent submitters to the Health Care Innovation Awards Round Two, as an optional resource by which applicants can generate impact estimates for their proposed models.

The estimates generated by the Model Impact Estimator are derived from the aggregated 2011 Medicare costs data. Although the tool focuses on cost, the source data also has aggregated demographic, spending, utilization, and quality indicators at the hospital referral region (HRR) level. Any estimate of the reduction in costs of a proposed model is supplied by the user and dependent on assumptions made by the user.

To use the Model Impact Estimator, please visit http://innovation.cms.gov/Model-Impact-Estimator/index.html.

This tool can be used to complete portions of the application financial plan for the Health Care Innovation Awards Round Two specified below:

Service Categories on Financial Plan: Model Impact Estimator equivalent:
-Inpatient Hospital -Inpatient Users
-Outpatient Hospital -Outpatient Users, ASC, Procedure Users, IRF
-Emergency Services -No Data Available
-Professional Primary Care, Professional Specialty Care -Evaluation and Management
-Diagnostic Imaging/X-Ray -Imaging Users
-Laboratory Services -LABTST Users
-Durable Medical Equipment/Prosthetics -DME Users
-Dialysis Procedures -Dialysis Facility Users
-Skilled Nursing Facility -SNF Users
-Long Term Care Hospital/Post-Acute Care -LTCH Users
-Home Health -HH Users
-Hospice -Hospice Users

For questions about the application process, please visit the Health Care Innovation Awards Round Two frequently asked questions (FAQ) page. For additional questions, please email InnovationAwards@cms.hhs.gov.