Although Lyndon Johnson signed the legislation 60 years ago today, not far from here.

It is not just the ability to bring 60 of the top incumbents and insurgents in health technology,

hospital systems, insurance companies, electronic medical record companies, AI companies,

the big players, you're all here, and we appreciate that very much.

But Mr. President, you use the power to convene.

That's fundamentally what I think the president has been able to offer us. And Secretary Kennedy offered us as a group,

some examples, but there are more to come. And I want to touch on some of these. But first,

I've got to do what doctors often have to do, which is to tell you the truth, even if you don't

want to hear it. So here goes. These beautiful programs, which are the backbone of the social network, the social

support system of this country, the safety net, they're flailing.

They're flailing for a bunch of reasons.

Medicaid is a unique entity. It has deviated from its original purpose by drift and by

design. The one big beautiful bill, the OB3 law, was elegant for that very reason. And President,

I don't know if you remember this, I can share this, but he called me once and he was upset at me

because I was going too strident something. And he said, this is about fraud, waste, and abuse.

That's what we're interested in doing. And that's exactly what the one big, beautiful bill accomplished. And it especially

did it to save Medicaid by putting $200 billion more dollars into it. And allocating funds very

specifically to use to support rural America. And primarily, some of that money will be used to support digital

infrastructure, which is terribly lacking in many parts of the country. The money that's sent

from Washington doesn't get to rural America. About 7% of Medicaid dollars get to rural hospitals.

We now have an ability to infuse funds through this $50 billion rural health transformation fund into that system.

The gathering today is another example of how we can actually jumpstart that it accelerated.

...