Centers for Medicare & Medicaid Services - aVenture Government Agency Research
Centers for Medicare & Medicaid Services
Operating Status: Operating
CMS, a US federal agency, administers Medicare, Medicaid, CHIP, and sets health insurance and care quality standards.
Founded
1977
Location
Baltimore, MD, US
The Centers for Medicare & Medicaid Services (CMS) is a federal agency within the U.S. Department of Health and Human Services. CMS primarily focuses on administering Medicare, partnering with states to manage Medicaid and the Children's Health Insurance Program (CHIP), and establishing health insurance portability standards. The agency's investment activities are primarily in the form of grants to support healthcare initiatives.
CMS has provided grants to organizations like ClosedLoop.ai and Montefiore Medical Center, with investments ranging from $1 million to $3.5 million. These grants typically support projects that align with CMS's mission to improve healthcare quality, accessibility, and efficiency. The agency's involvement in these initiatives demonstrates its commitment to fostering innovation in healthcare delivery and technology.
