CMS has released the Ambulatory Specialty Model (ASM) preliminary participants dataset for the 2027 performance year starting January 1, 2027.

CMS determines ASM participant eligibility using the following criteria. A clinician must meet all four to be subject to mandatory participation in a given performance ye

ASM selection isn’t a one-time event—it’s a data-driven, multi-year process tied to historical claims and episode volume.

Because post-acute spending can reach up to 53% of total episode costs, this checklist focuses on post-acute priorities for TEAM participants.

CMS finalized its proposal for a new test model launching in 2027: the Ambulatory Specialty Model (ASM).

How CMS’s New Payment Model Could Spur Widespread Adoption of Value-Based Arrangements Justin at Bass Berry & Sims shared this article he wrote with a colleague regarding TEAM arrangements. Justin, regularly advises on complex health care regulatory issues, like Stark Law, Anti-Kickback Statute, and state analogs. See below exerts. Access the full article by Justin K. Brown, Bass Berry & Sims PLC Travis G. Lloyd, Bass Berry & Sims PLC below. Although the CMS-sponsored model s

CMS has finalized the Ambulatory Specialty Model (ASM)—a mandatory, condition‑focused value‑based care initiative designed to transform specialist care for Original Medicare beneficiaries. Launching on January 1, 2027, and running through December 31, 2031, ASM targets outpatient specialists treating heart failure and low back pain.

12.04.25 | Presented by: David Pittman, Founder Pittman Policy Strategies and Sarah Habeeb Director, Government Programs, Baylor Scott & White Quality Alliance​​​ CMS finalized a new mandatory value-based payment model requiring downside risk for physicians treating heart failure and low back pain. With the Ambulatory Specialty Model starting in January 2027, join David Pittman and Sarah Habeeb to discuss what this means for physician practices, hospitals, and ACOs, where CMS

ASM represents the first large-scale effort by CMS to hold specialists accountable. Learn more about ASM.

Leveraging nearly 15 years of experience implementing bundled payment models for CMS, Mathematica helps hospitals turn TEAM episode and claims data into actionable insights.

11.13.25 | Presented by: Terry Kowalski, Stanford Health Care, ​Dr Sabrina Poon, Robert Lin, and Nicole Harmon, Clarify Health Maximizing revenue in today’s hybrid world of fee-for-service (FFS) and value-based care is increasingly complex. Consider a single physician referral: that one decision can carry financial implications across thousands of contracts, spanning FFS arrangements, Alternative Payment Models, and initiatives like CMS TEAM. Each choice can mean the differen

TEAM Playbook for Hospitals Post-Acute Care Coordination

11.06.25 | Presented by: Intermountain Health ​Nicole Christensen, Barry Boyce, Scott Bishop Intermountain Health shared strategies for building and managing effective care networks, identifying patients in need of timely intervention, defining team roles and responsibilities, and ensuring seamless transitions of care. Members Access Recording Thank you to the team from Intermountain Health for joining us and sharing your experience managing post-acute facilities, care manage

Insights into episode data for TEAM, watch the recording.

Featured webinar that highlighted grouping DRGs based on clinical relevance versus CMS defined episode for TEAM

10.29.25  |Presented by: Dr. Robert Hymes, Inova Health System, Dr. Thomas Tsai, Harvard Medical School & Lisa Miller, NovaNav​ The webinar brought together Dr. Hymes, Dr. Tsai, and Lisa Miller for a dynamic discussion spanning research, operational readiness for TEAM, and innovative care solutions. Dr. Hymes and Dr. Tsai explored the clinical, operational, and policy dimensions shaping the post-acute landscape, offering practical guidance for hospitals preparing for the upco

10.15.25  |Presented by: George Kentros, Sparx ​ Effectively managing spend that happens outside your hospital's walls is a critical component of TEAM. Join the Sparx team as they explain how to use low-lagged national claims data to analyze Post Acute Care (PAC) spend. Participants will learn about how to assess historical data, levers that can impact current PAC spend, and a data monitoring framework for go-forward success.​​ Members Access Recording George shared how to di

You're Invited to Participate in Exclusive CMS TEAM Benchmarking Research

Three items hip/knee surgeons should know before they enter negotiations

09.09.25  |Dr. Nasseri - Cedars-Sinai & Alicia Jenkins, Katherine Piette - Corstrata Explore how virtual Wound, Ostomy, and Continence (WOC) nursing can play a critical role in improving surgical outcomes, reducing avoidable ED visits, and preventing costly readmissions.  Gain insights to improve TEAM episode performance. Members Access the Recording Major Bowel Procedure - Improving Outcomes in TEAM Dr. Yosef Nasseri - double board-certified general and colorectal surgeon an