By Elise Viebeck - 08/22/12 06:31 PM EDT
The Medicare agency announced that it has selected the 500 medical practices that will participate. They will receive about $20 per beneficiary per month in exchange for providing new services.
The practices can improve their services by offering more flexible office hours, using electronic health records or coordinating with a patient's other doctors.
Insurance plans outside of Medicare will also participate, CMS said, by paying primary-care practices that agree to enhance policyholders' care.
The initiative will begin in the fall and benefit more than 300,000 Medicare patients, the agency told the press.
Participating regions are Arkansas, Colorado, New Jersey, Oregon, New York's Capital District, the Cincinnati-Dayton Corridor and Tulsa, Okla.