Provider and payer groups are aiming to keep a close eye on how CMS will phase-in key changes to Medicare Advantage's risk adjustment detailed in a final rule.

Cano Health shares jumped more than 40% Monday after three former directors signaled they intend to form a group to "pursue changes" at the company, including possible moves to oust the CEO and the sale of non-core assets. The company's stock tumbled 27% Friday to below $1 per share after three board directors including early investor Barry Sternlicht resigned in protest of the primary care company's management.

CMS finalized a rule that includes new prior authorization requirements for Medicare Advantage plans and a health equity index into star ratings.

A new study in Health Affairs finds a decline in Medicare Advantage payments would only lead to a modest impact on benefits for seniors.

States won't be on their own to navigate this process, however, as commercial insurers in the Medicaid space are gearing up to assist.