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  "notes": "The chart is a classic waterfall-bridge diagram illustrating the financial flow of a capitated contract.",
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      "text": "1. Globally capitated or full-risk contracts with MA plans receive pre-negotiated per member per month (“PMPM”) premiums(1)\n2. Capitated providers are responsible for all medical costs outside their own centers\n3. Capitated providers cover all primary care and related costs at its own medical centers\n4. As capitated providers improve health outcomes, the more profitable they will be over time",
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      "text": "(1) Payments from CMS to MA plans adjusted to reflect patient health conditions and quality scores, so health plans are incentivized to work with quality providers of scale",
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