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Read key takeaways from the final rule and access our updated, interactive data dashboard.
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On October 31, 2025, the Centers for Medicare & Medicaid Services (CMS) released the Calendar Year (CY) 2026 Medicare Physician Fee Schedule (PFS) final rule, including a number of significant policy changes effective January 1, 2026 (unless otherwise noted). Among them, CMS finalized a major change to the practice expense (PE) methodology that halves the indirect PE allocated to facility-based services, reshaping payment relativity and shifting spend toward office-based care.
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Explore our tracker of healthcare-related executive orders (EOs) issued by the Trump administration, including overviews of each EO and the date each EO was signed. We will regularly update this tracker as additional EOs are published.
