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Over the past two decades, value-based care has been championed as an alternative payment model that prioritizes quality over quantity. This approach was predicted to be transformative to the health care industry and was set to revolutionize healthcare quality and payments. The idea was so appealing that, in 2014, a substantial 72% of health care executives were confident that the industry would transition from volume- to value-based care. That same year, a survey of U.S. physicians projected that half of their compensation over the next decade would be tied to value-based models. The Centers for Medicare & Medicaid Services (CMS) reinforced this vision, setting an ambitious goal for all Medicare fee-for-service beneficiaries to be in a value-based care arrangement by 2030.