CMMI/CMS will spend up to $1 billion for awards and evaluation of projects from across the country that test new payment and service delivery models that will deliver better care and lower costs for Medicare, Medicaid, and Children’s Health Insurance Program (CHIP) enrollees.

Eligible applicants include, but are not limited to: provider groups, health systems, payers and other private sector organizations, faith-based organizations, states, local governments, public-private partnerships, and for-profit organizations. All applicants are required to submit non-binding letters of intent to apply by June 28, 2013 3pm EDT, and applications will be made available June 14 and completed applications will be accepted until August 15, 2013 3pm EDT.

http://innovation.cms.gov/initiatives/Health-Care-Innovation-Awards/Round-2.html