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    2027 Proposed Physician Fee Schedule Cuts Payments: Overhauling the Medicare Physician Fee Payment Schedule and Fee for Service Model

    September 30, 2026

    On July 14, 2026, the CMS released its proposed MPFS for CY 2027. According to CMS Administrator Dr. Mehmet Oz, the proposed rule reflects “some of the most significant Medicare reforms in recent years to strengthen primary care, expand accountable care, and modernize physician payment.” This article discusses the CY 2027 MPFS proposed rule’s payment update and significant policy proposals. On July 14, 2026, the Centers for Medicare and Medicaid Services (CMS) released its proposed Medicare Physician Fee Schedule (MPFS) for calendar year (CY) 2027.[1] The proposed rule would decrease both statutory conversion factors used to calculate physician payment, reversing…

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    MPFS Final Rule Cuts Physician Payments

    February 14, 2024

    Praise and Patient Access Concerns Raised from the Cuts On November 2, 2023, the Centers for Medicare & Medicaid Services (CMS) released its finalized Medicare Physician Fee Schedule (MPFS) for calendar year (CY) 2024. While the finalized fee schedule cuts payments to physicians, there are a number of other (more positive) provisions in the final rule. An update to the September 2023 article on the proposed changes to the MPFS, this article explores the various changes and updates included in the MPFS final rule. On November 2, 2023, the Centers for Medicare & Medicaid Services (CMS) released its finalized Medicare…