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Portfolio Governance in Medicaid Waiver Redesign

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Portfolio Governance in Medicaid Waiver Redesign

Portfolio Governance in Medicaid Waiver Redesign: Lessons from 1115 Innovation

As states consolidate fragmented waiver structures and prepare for post-DSRIP futures, project portfolio management (PPM) is becoming the strategic engine behind successful transformation.

Whether managing an 1115 demonstration, value-based payment reform, or HCBS redesign, effective PPM helps states align programs with CMS goals, stakeholder needs, and operational capacity.

🧩 Why PPM Is Critical:

  • Aligns Multiple Streams Under One Vision
    Waiver reform spans clinical redesign, provider capacity building, IT modernization, and payment model transitions. PPM ensures each initiative serves shared outcomes.

  • Improves Oversight and Risk Management
    Project charters, dashboards, and milestone tracking allow Medicaid agencies to flag risks early, keep CMS reporting compliant, and manage shifting priorities.

  • Builds Institutional Resilience
    When waivers end, portfolio governance helps ensure that transformation investments are sustained through managed care incentives, directed payments, or new waivers.

📌 Best Practices:

  • Establish an internal Medicaid Transformation PMO to oversee waiver portfolios.

  • Map each project to Triple Aim-aligned objectives: cost, quality, and access.

  • Co-design governance with stakeholders across Medicaid, public health, and IT.

  • Track cross-cutting metrics: rebalancing, ED utilization, HCBS penetration, equity benchmarks.

  • Embed CMS compliance milestones and build capacity for iterative waiver evolution.

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