Massachusetts signs $41.4B Medicaid waiver with CMS

November 01, 2014

Massachusetts reached a five-year, $41.4 billion Medicaid waiver with the federal government, state HHS Secretary John Polanowicz announced. The agreement with CMS aligns Massachusetts' subsidized coverage programs with the ACA and addresses alternative payment systems. It includes $20 billion in federal money to help improve care for patients through continued health transformation of the healthcare delivery system. The agreement includes $20 billion in federal funding; the state will pay the rest. The first three years of the contract include an 18% increase in funding. Several hospitals will receive 10% funding increases through a program that supports providers that treat high numbers of low-income patients. They include Steward Health Care, Lawrence General Hospital, Mercy Medical Center, Cambridge Health Alliance, Boston Medical Center, Holyoke Medical Center and Signature Healthcare Brockton Hospital. The agreement includes funding for new initiatives, including the development of alternative payment models.
Related News:
Massachusetts gains federal Medicaid waiver worth $41.4 billion - MassLive
State, CMS reach 5-year, $41B healthcare deal - The Lowell Sun