Headline 1: The Megadeal Era is Over—M&A Without a "Big Why" is Just Expensive Anxiety Healthcare megadeals collapsed by 60% in 2025, and M&A has shifted from growth strategy to rescue mission—if you can't explain the deal in one sentence, don't do it.

Headline 2: Vizient's "New Margin Math"—Old Growth Levers Are Broken, AI is the Last Big Bet Hospitals are saving more lives but losing money doing it, and AI investment is projected to hit $100 billion by 2030—but only if you redesign workflows first, not just buy tools.

Headline 3: CareFirst BCBS Sues CMS Over Medicare Advantage Star Ratings—$32 Million Hangs on One Data Point One member's medication adherence data correction dropped CareFirst from 4 stars to 3.5 stars, costing them $32 million in bonus payments and triggering a lawsuit that's part of a growing wave of payer litigation against CMS.