Medicare Physician Fee Schedule 2025 Pdf. Cms has released the medicare physician fee schedule (pfs) final rule for calendar year (cy) 2025, finalizing a 1.25 percent overall reduction for physician services next. Cms proposes a 2025 medicare conversion factor of $32.7476, which is a reduction of 3.36% from last year.
On july 1, 2025, cgs will implement system changes for the quarterly update to the 2025 medicare physician fee schedule database: The centers for medicare & medicaid services (cms) is committed to advancing health equity and reducing disparities in healthcare access and outcomes.