09/02/2026
If you're building your 2027 budget on this year's Medicare numbers, it's worth a second look.
CMS released the CY 2027 Physician Fee Schedule proposed rule in July. Payment is headed down, and beyond the headline number there are several proposed changes to how office visits, procedures, and practice expenses are valued.
What it means for your practice: this isn't a flat percentage cut that lands the same way everywhere. The impact depends on your visit mix — what you bill, how often, and in what combinations. Two practices in the same specialty can come out quite differently.
What to do before September 14:
Pull your own claims data and model the affected service lines rather than assuming an across-the-board reduction. Flag the claim types that would be touched so you can identify them later. And if something in the rule would meaningfully change your economics, submit a comment — the period closes September 14, and CMS reads what individual practices send, not just what societies file.
The full CMS fact sheet is worth twenty minutes of your time. Read it and draw your own conclusions.
🔗 CMS fact sheet in the comments.
