The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

Summary

Headspace is one of roughly 85 accepted applicants on the behavioral-health track of a new 10-year CMS outcomes-based payment demonstration.

Whether Headspace's outcomes hold up once payment is tied to results, and whether CMS expands the demonstration, is the open question.

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corp L1

Headspace

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The axes

Thrust
~$50M/yr (thin)
Optionality
constrained

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Vocabulary