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[Music] contractual agreements and the importance of incentive alignment comment please contractual agreements are basically what make the world go round what are companies what are organizations theyre groups of people converging around achieving a common goal in order to do that they have to have some agreements between them contractual agreements which determine what each party does theyre part of the deal so to speak so this is standard and normal in in the healthcare industry and all other types of business and theyre important part of the us system of governance and business when it comes to contractual agreements incentive alignment is critically important what does that mean basically both parties incentives should move in the same direction if one party succeeds in the business whatever theyre trying to achieve so should the other party if one party fails or goes down so should the other party its a simple concept to understand but its still sort of abstract lets take i
