CMS Releases CY 2027 Medicare Physician Fee Schedule Proposed Rule
CMS has released the public inspection version of the proposed rules for calendar year 2027 for the Medicare Physician Fee Schedule (PFS).
Key Takeaways
- CMS released the proposed rules for calendar year 2027 for the Medicare Physician Fee Schedule (PFS).
- CMS will accept public comments for a defined period before finalizing the rules.
- If finalized, these rules would take effect on January 1, 2027.
The Centers for Medicare & Medicaid Services (CMS) has released the public inspection version of the Calendar Year (CY) 2027 Medicare Physician Fee Schedule (PFS) proposed rule. This proposed rule outlines proposed payment policies and reimbursement updates for physicians and other clinicians participating in the Medicare program.1
These updates, if finalized, would take effect January 1, 2027. The proposed rule includes updates to physician payment, quality reporting programs, and other Medicare Part B policies. CMS will accept public comments on the proposed rule through September 14, before issuing a final rule later this year.1
Although CMS has not yet finalized any of the proposed changes, the annual Physician Fee Schedule is closely watched by wound care clinicians and other stakeholders because it can affect reimbursement, coding, quality reporting requirements, and payment policies for services commonly provided to Medicare beneficiaries. Since the 2026 Final Rules brought significant change for the wound care community, especially for skin subsitutes, stakeholders are carefully monitoring the impact of the CY 2027 proposals.
Look for more details from the Wound Care Policy News Desk and our contributors, as we review the proposed rule to identify provisions that may affect wound care practice, reimbursement, coding, and Medicare policy. As additional details become available, we will provide more comprehensive coverage of the proposals most relevant to clinicians, administrators, and industry stakeholders.
Reference
1. Centers for Medicare & Medicaid Services. Medicare and Medicaid Programs; CY 2027 Payment Policies Under the Physician Fee Schedule and Other Changes to Part B Payment and Coverage Policies; Medicare Shared Savings Program Requirements; and Medicare Prescription Drug Inflation Rebate Program. Proposed rule. CMS-1848-P. Department of Health and Human Services. July 14, 2026. Accessed July 15, 2026. https://www.cms.gov/medicare/payment/fee-schedules/physician/federal-regulation-notices
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