CMS Releases the Medicare Physician Fee Schedule Final Rule for 2025

Medicare Physician Fee Schedule Final Rule for 2025

CMS has published the final rule for the CY2025 Medicare Physician Fee Schedule (MPFS). As we knew from the proposed rule, there are no major changes in the payment for Cellular Tissue Products (CTPs) / skin substitutes in 2025 — although CMS stated they the intend to move forward with a proposal to achieve a consistent payment mechanism for all CTPs in the future…

The sad news is that CMS is going ahead with a 2.9% cut to Medicare physician reimbursements for 2025. There’s a collective national breath hold this week around the upcoming election, but when Congress reconvenes after the election, we can expect some attention focused on the MPFS. Physician payment is about the only aspect of Medicare that is not linked to inflation. Since practice costs are expected to increase around 3.5% in 2025, a decrease in Medicare reimbursement of 2.9% could be the last straw for many physicians.


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Caroline Fife, MD

Dr. Fife is Co-Founder and Chief Medical Officer of Intellicure, Executive Director of the US Wound Registry, and Editor of Today’s Wound Clinic.

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