CMS Releases Physician Fee Schedule Final Rule for 2026
The Centers for Medicare & Medicaid Services (CMS) has published the final rule for the Calendar Year 2026 Medicare Physician Fee Schedule. The rule introduces separate conversion factors for qualifying Alternative Payment Model participants and non-participants, as required by law. It also finalizes an efficiency adjustment of –2.5% to work RVUs for non-time-based services. Additionally, the rule expands telehealth coverage and implements policy changes affecting drug manufacturers. CMS has finalized updates to payment policies for skin substitutes, continuing efforts to standardize their use and reimbursement. Other provisions support behavioral health integration and streamline documentation requirements. For a brief overview of the final rule, click here.

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