The Department of Health and Human Services said Monday it is investing more than $100 million to state Medicaid programs to help them improve patient care and reduce costs for beneficiaries.

It's part of the newly launched Medicaid Innovation Accelerator Program, which HHS says will "help jumpstart innovation by providing federal tools and resources to support states in advancing Medicaid-specific delivery system reform."

"Medicaid innovation is moving forward, and the new Medicaid Innovation Accelerator Program, announced in response to recommendations from governors, will give states the opportunity to even further strengthen their great work," said HHS Secretary Sylvia Mathews Burwell. "HHS will provide strategically targeted resources that states can leverage to enhance the impact of their efforts to transform health care."

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