CMS Innovation Grant (CMMI)
The Centers for Medicare and Medicaid Services (CMS) awarded researchers at the University of Southern California a $12 million award to improve healthcare quality, enhance medication safety, and reduce overall healthcare costs for high-risk, underserved populations. The study will bring pharmacists into safety-net clinics in Southern California as a way to improve medication adherence and to promote safe and appropriate use of prescription drugs. The intended result of the study is to optimize patient health while reducing avoidable hospitalizations and emergency visits. This optimization will lead to a reduction in overall treatment cost and is expected to have a net cost savings of $31.7 million. This highly competitive program administered by the CMS Center for Medicare and Medicaid Innovation (CMMI) fielded more than 8,000 letters of intent and 3,000 full proposals to fund just over a hundred programs.