With the advent of the value demand in health care, the concept of ‘managed care’ seems almost quaint Yet, provider participation agreements continue to be presented to providers to form networks and participate in plans.  But, increasingly, the contract may not be with a health plan itself, but with some intermediate entity.  In “The Modern Managed Care Contract” Alice describes what remains and what is new in the reforming system of network configurations with health plans and the contracts that forge those relationships.