House Budget Committee Republicans Call For New CMMI Cost Evaluation

House Budget Committee Republicans are calling for an investigation into the Center for Medicare and Medicaid Innovation after a September Congressional Budget Office report highlighted high spending from CMMI in its first decade. The Republicans’ call for an updated cost report is based on CBO’s findings last year that CMS’ innovation center increased spending by $5.4 billion in its first decade, despite initial estimates that it would save $2.8 billion during that timeframe. CBO projected at the time the center’s...