Medicare's 2027 fee schedule cuts pay and rewrites how complex visits are paid
CMS published the CY2027 Physician Fee Schedule proposed rule on July 14. The conversion factor drops 1.68% for physicians outside advanced alternative payment models and 1.19% for those inside one — both from the expiration of the 2.5% increase Congress wrote for 2026 alone.
Underneath the cut, the rule reworks primary care payment. The G2211 complexity add-on becomes a percentage modifier rather than a flat add-on code. A second modifier pays ACO physicians double. Evaluation and management visits billed the same day as a procedure are cut in half. Traditional MIPS gets an expiration date.
This lands on every practice billing Medicare Part B, and hardest on those outside an advanced APM. Whether the G2211 rewrite helps or costs you depends on how much of your established-patient volume carries it today.
Proposed July 14, 2026 · Comments close September 14, 2026
Source: Federal Register 2026-14327 · CMS CY2027 PFS fact sheet