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Created upon enactment of the Affordable Care Act (ACA) in 2010, the Center for Medicare & Medicaid Innovation (CMS Innovation Center) was established to design, implement and test new healthcare payment and delivery models for Medicare and Medicaid. Managed by the Centers for Medicare & Medicaid Services (CMS), the CMS Innovation Center aims to achieve better care for patients, better health for our communities and lower costs through the improvement of our healthcare system.
At the end of 2021, the CMS Innovation Center released a strategy refresh to transform the delivery system, focus on equity, pay for healthcare based on value to the patient instead of volume of services provided, and deliver person-centered care that meets people where they are. The strategy includes five pillars to advance value-based care: drive accountable care, advance health equity, support care innovation, address affordability and partner to achieve system transformation.