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August 30, 2011

Med School Inks $3.75M Contract

The UMass Medical School's Center for Health Care Financing has secured a five-year, $3.75 million contract to help Washington state increase federal reimbursements for health services.

The center has a web-based application that allows workers to more accurately measure how they spend their time performing medical services. Doing so allows officials to submit more accurate claims for federal reimbursements, which can lead to more money for the state.

UMass will work with 33 local health jurisdictions and 126 school districts in Washington during the program.

The center has already helped multiple states reclaim more than $750 million in federal reimbursements, according to the school.

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