Fact Sheet

2026 Physician Fee Schedule Specialty Impact Tables

HFMA presents a specialty impact analyses contained in one spreadsheet based on the 2026 Medicare physician fee schedule final rule.

By HFMA December 12, 2025

Comparison of CY 2026 Physician Fee Schedule Payment Rates to the 2025 Payment Rates

HFMA presents a spreadsheet comparing 2026 physician fee schedule payment rates to 2025 payment rates.

By HFMA December 10, 2025

MedPAC December 2025 Public Meeting Summary

HFMA presents a detailed summary of the MedPAC public meeting held on the December 4-5, 2025.

By HFMA December 10, 2025

Contract Year 2027 Revisions to Medicare Advantage and Medicare Prescription Drug Benefit Programs Proposed Rule Summary

HFMA presents a detailed summary of a proposed rule that would revise the Medicare Advantage (Part C), Medicare Prescription Drug Benefit (Part D), and Medicare cost plan regulations for Contract Year 2027. Comments on the proposed rule are due by January 26, 2026.

By HFMA December 8, 2025

CY 2026 OPPS/ASC Final Rule Summary

HFMA presents a detailed summary of the CY 2026 final rule for Medicare’s hospital outpatient prospective payment system and ambulatory surgical center payment system (CMS-1834-FC) published in the November 25, 2025,Federal Register. Policies in the final rule will generally go into effect on January 1, 2026, unless otherwise specified.

By HFMA December 5, 2025

CY 2026 Physician Fee Schedule Final Rule Summary Part III – Quality Payment Program Updates

HFMA presents part three of three detailed summaries of a final rule relating to the Medicare physician fee schedule for CY 2026 and other revisions to Medicare Part B policies. Policies in the final rule generally will take effect on January 1, 2026. Part III covers the updates to the Quality Payment Program, including the Traditional Merit-based Incentive Payment System (MIPS), MIPS Value Pathways, and the Alternative Payment Model Incentive.

By HFMA December 4, 2025

CY 2026 Physician Fee Schedule Final Rule Summary Part II – MSSP Requirements

HFMA presents part two of three detailed summaries of the final rule relating to the Medicare physician fee schedule for CY 2026 and other revisions to Medicare Part B policies. The policies in this final rule generally take effect on January 1, 2026. Part II covers the Medicare Shared Savings Program Requirements.

By HFMA December 2, 2025

CY 2026 Physician Fee Schedule Final Rule Summary – Part I

HFMA presents part one of three detailed summaries of a final rule relating to the Medicare physician fee schedule for CY 2026 and other revisions to Medicare Part B policies. Policies in the final rule generally would take effect on January 1, 2026. Part I covers sections I through III.G (except for Section III.F: Medicare Shared Savings Program Requirements) and the Regulatory Impact Analysis.

By HFMA November 19, 2025

Contract Year 2026 Medicare Advantage Plan Provider Directory Data Requirements Final Rule Summary

HFMA provides a detailed summary of the final rule finalizing a previously proposed Medicare Advantage plan provider directory requirement.

By HFMA September 23, 2025

FY 2026 Hospice Payment Rate Update Final Rule Summary

HFMA presents a detailed summary of the final rule updating the Medicare hospice payment rates, wage index, and Hospice Quality Reporting Program for FY 2026.

By HFMA September 3, 2025
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