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    Medicare Physician Fee Schedule

    Medicare's payment system for physician professional services.

    Reviewed by Christian Espinosa, Founder, Blue Goat CyberLast reviewed May 5, 2026

    Definition

    MPFS pays physicians and certain non-physician practitioners using a Resource-Based Relative Value Scale (RBRVS) - each CPT code carries Relative Value Units (RVUs) for work, practice expense, and malpractice, multiplied by an annual conversion factor.

    What this means in practice

    RVU values for new device-enabled procedures shape physician adoption economics. The annual PFS rule and AMA RUC valuations are critical.

    Primary references

    3 sources
    Link health: 1 verified 1 bot-blocked 1 needs review· last checked 2026-05-09
    CMS·2AMA·1
    1. 1
      CMS PFS
      Verified
      CMScms.gov
    2. 2
      CMS - Coding
      Needs review
      CMScms.gov
    3. 3
      AMA CPT Resources
      Bot-blocked
      AMAama-assn.org

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