CMS TEAM model, Medicare reimbursement, and value-based care — former U.S. VA Secretary Dr. David Shulkin joins Rainfall Health. In this episode of Team from the Top, Christina Keny — VP of Clinical AI at Rainfall Health, registered nurse, and researcher with experience at UCSF, Stanford, and the VA — sits down with Dr. David Shulkin, the 9th United States Secretary of Veterans Affairs and the only Cabinet member to serve under both President Obama and President Trump. Dr. Shulkin has led healthcare from nearly every angle: as a physician, hospital CEO, federal policymaker, and now as an advisor and investor. In this conversation, he brings that full perspective to the CMS TEAM model — the first mandatory bundled payment program in Medicare history, which launched January 1, 2026, covering 721 hospitals across 188 metropolitan areas. Overview:→ Why CMS moved from voluntary to mandatory bundled payments — and why it won't reverse course→ The Medicare trust fund math that makes value-based care politically inevitable→ What operational capabilities will separate hospitals that capture TEAM upside from those that absorb losses→ How AI and predictive analytics will reshape care coordination across the 30-day post-discharge episode→ Where Medicare payment policy is headed over the next 5–10 years→ The CJR-X expansion and which mandatory models are coming after TEAM→ The one thing every hospital CEO needs to understand about Washington right now The CMS TEAM model covers five high-cost surgical episodes — lower-extremity joint replacement, spinal fusion, coronary artery bypass graft, major bowel procedures, and hip/femur fracture treatment — and holds hospitals financially accountable for patient outcomes across a 30-day post-discharge window. For mandated hospitals, up to 20% of Medicare revenue is at stake. ABOUT DR. DAVID SHULKINDr. David Shulkin served as the 9th U.S. Secretary of Veterans Affairs, confirmed unanimously by the U.S. Senate. He previously served as Under Secretary for Health at the VA, leading the nation's largest integrated health system. A board-certified internist and Fellow of the American College of Physicians, Dr. Shulkin has served as CEO of Beth Israel Medical Center and Morristown Medical Center, CMO at the University of Pennsylvania Health System, and founder of DoctorQuality. He is currently President of Shulkin Solutions LLC, Senior Advisor at Alvarez & Marsal Healthcare, and Chair of the R.A.I.N. Advisory Committee at Rainfall Health. He is the author of It Shouldn't Be This Hard to Serve Your Country (PublicAffairs, 2019). Read the full CMS TEAM Guide: https://www.rainfallhealth.com/cms-team/Learn more about Rainfall Health: https://www.rainfallhealth.com