(a) CMS may terminate an Innovation Center model for reasons including, but not limited to, the following:
- (1) CMS determines that it no longer has the funds to support the Innovation Center model.
- (2) CMS terminates the Innovation Center model in accordance with section 1115A(b)(3)(B) of the Act.
- (b) If CMS terminates an Innovation Center model, CMS provides written notice to the model participant specifying the grounds for model termination and the effective date of such termination.