According to a statement released by Gov. Gina Raimondo and state HHS Secretary Elizabeth Roberts, the funds will go toward implementing Medicaid payment models that result in better health outcomes and quality of care and strengthening the state’s healthcare workforce. Officials said the funds will help the state cut healthcare costs by roughly $100 million.
With the funds, the state aims to:
- Improve the health outcomes for one in four R.I. residents enrolled in Medicaid.
- Issue better coordinated care that addresses an individual’s mental, physical and social needs.
- Improve the long-term support elderly residents need to age with independence.
- Coordinate better care through managed care organizations and new provider partnerships.
- Invest in strategic partnerships to build the state’s healthcare workforce.
“This is a big win for Rhode Island ─ it is a win for our people, and it is a win for our economy,” said Gov. Raimondo. “This announcement builds on a progressive package of reinventing Medicaid reforms that is on track to cut costs by more than $100 million while also expanding access to care to more people. Through this initiative, we’re going to keep people healthier, without spending any additional general revenue funds. We’re also going to strengthen our healthcare workforce development pipeline to help workers gain the skills that matter for 21st century healthcare jobs.”
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