; (III) annually monitor the specific population health outcomes listed in the approved Rural Hospital Transformation Plan of each participating rural hospital pursuant to clause (v)(IV); and (IV) any other outcomes as determined by the Secretary. (x) Risk mitigation As part of the model, the Secretary, in conjunction with implementing States and participating rural hospitals, shall develop appropriate mechanisms to mitigate risks, including the use of reinsurance. (xi) Reporting requirements (I) Report to Secretary An implementing State, as a condition of implementing the model, shall partner with an independent entity to report to the Secretary on the ability of a participating rural hospital to carry out the Rural Hospital Transformation Plan described in clause (v). (II) Report to Congress Not less frequently than every 5 years (for the duration of the implementation of the model under this subparagraph), the Secretary shall submit to Congress a report on the implementation of the model under this subparagraph. The report shall include best practices for future implementation efforts and any other information the Secretary determines appropriate, including the information reported under subclause (I), together with recommendations for such legislation and administrative action as the Secretary determines appropriate. (xii) Funding The Secretary shall allocate funds made available under subsection (f)(1) to design, implement, evaluate, and report on the model described in clause (ii) in accordance with this subparagraph. .