This report provides a snapshot of the innovative programs UMass Medical School’s Center for Health Care Financing has initiated and conducted on behalf of the Commonwealth of Massachusetts.
You will see how we have been able to generate revenue and achieve cost avoidance totaling $26 billion over the past 15 years. And while the numbers are impressive, especially in increasingly difficult fiscal times, the more important story is what can be accomplished when the family of state agencies in Massachusetts collaborate and combine their strengths to better serve the public.
The public partnership model offers states the flexibility to adapt their programs in changing times, administrative efficiencies that optimize resources, and an environment where innovation is achievable. The considerable cost savings achieved by working with a public partner provides states with additional funds to improve the lives of its citizens, especially those who are most vulnerable and in need of support.
We are proud of our accomplishments, and we believe they affirm our ongoing commitment to public service and fulfill our vision of providing underserved populations access to quality health care.