This guide discusses the Centers for Medicare and Medicaid Services (CMS) AHEAD pilot program, which invites applications from up to eight states to participate in an 11-year initiative aimed at improving health equity and transforming hospital financial models. The AHEAD model is based on the successful Maryland all-payer model and will run from 2024 to 2034. Each participating state will receive $12 million annually to implement the program. Key features include the hospital global budget program, which seeks to create a single budget across various payers, and a Primary Care AHEAD program focused on advancing primary care. The document outlines the implications for health systems, emphasizing the need for internal assessments, regulatory outreach, and proactive planning to adapt to the changes. It highlights the potential for predictable revenue and the importance of early participation in shaping the future of healthcare financing.