The Centers for Medicare & Medicaid Services (CMS) announced record results for the Medicare Shared Savings Program (MSSP) in 2024, marking its most successful year since the program’s launch over a decade ago. The initiative generated $6.5 billion in savings, underscoring continued momentum in value-based care and cost-efficient, coordinated healthcare delivery nationwide. Record Savings and…

While deals in the substance use disorder treatment space have been slow over the past year, addiction provider Crossroads has had an eye on growth. Over the summer, the company completed a tuck-in acquisition of Family Health Services, expanding its reach in the Pennsylvania market. Today, the provider has more than 100 centers across nine…

Since its emergence more than two decades ago, participation in accountable care has become more established. In 2025, the Centers for Medicare & Medicaid Services (CMS) reported that more than half of Traditional Medicare beneficiaries are in an accountable care relationship. Considerable evidence indicates that patients benefit and costs are lower in coordinated, whole-person care models enabled by accountable care payment…

The CMS PFS Final Rule is out . . . early? If you’re wondering how, in the midst of the Shutdown, a 2,375-page Rule could be released, the answer is simple: most of the proposals from this summer were finalized as is. There are always exceptions, but the big takeaway is that this Rule solidifies CMS’s proposals…

For two decades, value-based care has been built upon a simple premise: if we better manage the sickest patients, total costs of care will fall. This idea catalyzed countless disease-management programs, care-coordination models, and technology innovations. And yet, as the field has matured, an inconvenient reality has emerged. Much of value-based care isn’t truly aimed at…

Yesterday, I stood on stage at the historic Egyptian Theatre in Boise, Idaho, presenting a keynote on the future of generative AI in medicine. As I looked out across the audience, I couldn’t help but think back to another moment that took place just a few hundred miles west. In 1998, at Oregon Health &…