CMS Releases CY 2026 Medicare Part B Physician Fee Schedule Final Rule

Medicare; Part B
 
​Late on Friday, the Centers for Medicare and Medicaid Services (CMS) issued a
final rule establishing final payment rate under the Medicare Part B Physician Fee Schedule (PFS) and other policy updates for Calendar Year (CY) 2026. The rule will become effective for items and services beginning on January 1, 2026.  

AHCA/NCAL has reviewed the final rule and developed a detailed summary outlining key provisions and impacts on members. Please note this is for members only and requires an AHCA/NCAL log-in to view. 

Key points from the final rule include: 

  • A 3.26 percent increase in the base conversion factor for Medicare Part B services such as outpatient therapy services furnished by SNF providers. 
  • Revised telehealth provisions that help to assure more timely and consistent AHCA/NCAL member resident access to medical services in their residence 24/7/365. 
  • Removal of all time-based outpatient therapy codes from the proposed efficiency adjustment list. 

CMS has also shared a fact sheet about the final rule, a press release, and a fact sheet on the Medicare Shared Savings Program changes  in the CY 2026 PFS final rule.