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April 08, 2026   

How the 2026 Medicare Physician Fee Schedule Could Affect Physician Compensation Models

This Bulletin is brought to you by AHLA’s Hospitals and Health Systems Practice Group.
  • April 08, 2026
  • Allyson Clayton , VMG Health
  • James Tekippe , VMG Health

The Centers for Medicare & Medicaid Services (CMS) finalized its calendar year (CY) 2026 Medicare Physician Fee Schedule (MPFS) on October 31, 2025 (2026 MPFS Final Rule), which introduced several key changes such as an efficiency adjustment, a bifurcated conversion factor, updates to practice expense methodology, and expanded opportunities in primary care and shared savings. Several updates in the 2026 MPFS Final Rule could affect physician compensation, with three changes standing out as particularly significant.

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