CMS Releases CHART Model Notice of Funding Opportunity, Encourages Rural Communities to Apply
Today, the Centers for Medicare & Medicaid Services (CMS) released a Notice of Funding Opportunity (NOFO) for the Community Health Access and Rural Transformation (CHART) Model Community Transformation Track. The Community Transformation Track will provide up-front funding to up to 15 rural communities across the country. The rural communities will be awarded seed money to work with health care providers and payers across the community to design systems of care that improve access to high quality care that is sustainable and value-based.
CMS announced the voluntary CHART Model on August 11, 2020. In addition to the Community Transformation Track, the CHART Model offers another participation option through the ACO Transformation Track, which will advance value-based care by providing upfront shared savings payments to rural accountable care organizations. The Model projects to reduce Medicare spending by over $80 million over 7 years while improving the quality and coordination of care for up to one million beneficiaries.
These actions deliver on President Trump’s Executive Order on Improving Rural Health and Telehealth Access as well as the President’s Medicare Executive Order and CMS’s Rethinking Rural Health initiative. Collectively, the Administration aims to ensure individuals in rural America have access to high quality, affordable health care.
For more information about the NOFO or the CHART Model, please visit: https://innovation.cms.gov/innovation-models/chart-model.
The NOFO is posted at https://www.grants.gov or https://www.grants.gov/web/grants/search-grants.html?keywords=93.624
Contact: CMS Media Relations CMS Media Inquiries