Q&A: CMS’ proposed physician fee schedule and other Medicare updates for physicians

CMS issued the 2026 Medicare Physician Fee Schedule, or PFS, proposed rule on July 14.It includes a 0.75% increase to the qualifying alternative payment model (APM) conversion factor — a $1.24 (3.83%) rise from the current APM conversion factor of $32.35 — and a 0.25% increase to the nonqualifying APM conversion factor, a $1.17 (3.62%) rise from the current non-APM conversion factor