
November 5, 2026
The Device Was Never the Point
CMS released the final 2027 physician fee schedule on November 4, and the headline everyone grabbed was the pay cut. It got worse, not better. The conversion factor for most physicians drops 2.31% to $32.63, a deeper cut than the 1.68% CMS floated in the summer. If you are a qualifying participant in an advanced risk model you come off a little easier, down 1.83% to $32.95, which is the two-track