CMS Proposes 2027 Doctor Pay Cut Behind Its 'Outcomes' Reform
The CY2027 rule lowers the physician conversion factor to $33.17, a 1.19% cut, as last year's temporary pay boost expires.
- Non-qualifying APM conversion factor falls to $32.84, down 1.68%, or 56 cents.
- Traditional MIPS reporting sunsets after 2029, leaving only MIPS Value Pathways for clinicians.
- Primary care office visits stay exempt from the 2.5% efficiency cut applied to procedures.
Why it matters: The word 'reward' describes a rule that pays doctors less than it did the year before.
CMS CY2027 Medicare Physician Fee Schedule Proposed Rule (CMS-1848-P), announced July 14, 2026 ↗ · Jul 16, 20267/16/26 · ✓ Checked✓ Check