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Our long-term operating partnership is expected to add more than 150,000 lives to the identified platform initially, which we expect will grow over time as opportunities to pursue additional populations emerge. In the near term, the focus of the partnership will be on laying the groundwork for measurable clinical outcomes through the implementation of Identifi and our suite of clinical programs, while also working collaboratively to engage physicians and their care teams in an enhanced important approach to population health management. In the market more broadly, we also continue to garner interest from a number of health systems and independent physician groups that need support in evaluating their readiness to take on risk-based contracts which drives demand for our transformation services. We continue to see consistent interest across the country from a number of prospects that are actively engaged in early implementation work at this time of year preparing for January 2017, as well as 2018 launches. At this point in the year, we feel good about our current pipeline and believe we are well positioned as we enter the second half of the year with high visibility into our transformation revenues, existing partner growth, and the potential for new long-term partnerships. As a result of our financial and operational performance year-to-date, we are raising our guidance, which Nicky will speak to momentarily. Turning for a moment to Evolent’s position in the large emerging market for value-based care technology and services, we are excited about our recent announcement to acquire Valence Health and believe it strengthens our offering and differentiation in the marketplace. The rationale for the strategic combination is pretty straightforward and based on four key principles. First, we believe it will strengthen our operational capabilities and expertise, particularly in the Medicaid and pediatric space.

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