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Happy Friday! We're looking forward to President Trump's speech to the Conservative Political Action Conference today — good chance for him to throw out some tasty, Obamacare-repealing red meat. Meantime, the health care industry is solidly against Medicaid reform, value-based payments may have a future, and Obamacare is getting more popular right when it might go out of business.

What we're watching this week: Trump CPAC speech, today, 10 am Eastern; National Governors Association winter meeting, Washington, today through Monday.

What we're watching next week: Trump's speech to Congress, Tuesday; House Energy and Commerce health subcommittee hearing on reauthorizing the Food and Drug Administration's generic drug and biosimilar user fee programs, Thursday.

Have a great weekend, and remember, the feedback and news tips hotline is always open: david@axios.com.