2027 Medicare Physician Fee Schedule: Rates & Key Changes
The 2027 Medicare physician fee schedule is the CMS payment framework that sets Part B rates for physician services starting January 1, 2027. Under the July 2026 proposed rule, the conversion factor would fall to $33.1693 for qualifying APM participants (−1.19%) and $32.8409 for all other clinicians (−1.68%). These are proposed figures, and the final…














