New Grant Opportunities Available for Qualified Practices in ColoradoDate: October 28th, 2015Category: CORHIO e-NewsletterTopics: Transformation Support Services, Primary Care, Accountable Care
There are new healthcare grants available to Colorado practices offered by the State of Colorado and other sources. Read on to see if your practice might be eligible to participate in these grants and receive financial incentives.
Colorado physician practices and medical clinics may be eligible for both monetary compensation and free services from one or more of many healthcare grants being offered in Colorado.
CORHIO is participating in several of the healthcare grant programs and partnering with medical practices to help them participate and receive incentives. Here are details on three of these grants -- Evidence Now Southwest, Transforming Clinical Practices Initiative, and State Innovation Model. The commitment required from practices varies, but at a minimum, the grants ask participating practices to compile basic data for process and outcomes measures tracking and/or to participate in care coordination improvement programs.
Some of the grants offer cash incentives ranging from $500 to $5,000 (see details below). Additionally, CORHIO is able to offer free quality improvement and EHR assistance as well as some health information exchange services.
Individual Grant Details
Evidence Now Southwest – focused on building a quality improvement program using cardiology measures
- Eligibility: Primary care, internal medicine, geriatrics - independent, non-hospital owned (10 or less providers per site)
- Practice Commitment: nine months; attendance at two learning sessions, submit cardiology clinical quality measures (CQMs)
- Practice Incentive: $500 per site, includes Meaningful Use and practice facilitation help from CORHIO, select practices will receive extra assistance with patient engagement facilitation (determined by county)
Transforming Clinical Practices Initiative (TCPI) – focused on making progress through phases of transformation for primary care and specialty care, including care coordination, medical neighborhood, and value-based compensation
- Eligibility: Primary care, internal medicine, geriatrics, pediatrics, specialists - independent, non-hospital owned
- Practice Commitment: Attend regional learning sessions, work with practice facilitator, submit measures
- Practice Incentive: TBD
State Innovation Model (SIM) – focused on comprehensive primary care with emphasis on behavioral health integration, medical home, and reformed payment
- Eligibility: Primary care, internal medicine, geriatrics, pediatrics - independent, non-hospital owned (10 or less providers per site)
- Practice Commitment: Three years, attendance at two learning sessions, submit CQMs
- Practice Incentive: Up to $5,000 plus payment incentives from the payers
- Please note: the application deadline for the first round of SIM has passed, but there will be additional opportunities announced
To Learn More
Call CORHIO at 720-285-3245 or email firstname.lastname@example.org. We will ask you a few questions to find out which grants you may qualify for and can explain the amount of stipend and services you are eligible to receive.
Participation in the grant programs is limited, and once the spots are filled, the program cannot accept any more practices.
Download the catalog of Colorado’s Primary Care Advancement opportunities from CHES.