Articles July 31, 2025

Cardiologists: Are You Ready for CMS’s 2026 Fee Schedule and the Ambulatory Specialty Model (ASM)?

The Centers for Medicare & Medicaid Services (CMS) just made it official: cardiology is entering a new era of accountability. With major changes coming in the 2026 Medicare Physician Fee Schedule (PFS) and the rollout of the Ambulatory Specialty Model (ASM) in 2027, your practice will be expected to do more than ever—while proving it with outcomes, not just services.

Cardiologists: Are You Ready for CMS’s 2026 Fee Schedule and the Ambulatory Specialty Model (ASM)?

Editor’s note (October 15, 2026): this article was written in July 2025, when the 2026 Medicare Physician Fee Schedule and the Ambulatory Specialty Model were proposals. CMS finalized both on October 31, 2025; the figures and program details below reflect the final rule.

The Centers for Medicare & Medicaid Services (CMS) just made it official: cardiology is entering a new era of accountability. With major changes coming in the 2026 Medicare Physician Fee Schedule (PFS) and the rollout of the Ambulatory Specialty Model (ASM) in 2027, your practice will be expected to do more than ever—while proving it with outcomes, not just services.

The Headlines to Watch

If your practice treats patients with heart failure, you will soon be responsible for much more than clinic-based care. Under ASM, CMS will hold cardiologists accountable for the quality and cost of care across heart-failure episodes, coordination across care settings, and actual patient outcomes over time.

This model isn’t optional—it’s mandatory in selected regions starting January 1, 2027.


What the 2026 Medicare Fee Schedule Means for You

Here’s what cardiologists need to know about the final 2026 PFS:

  • A conversion factor of $33.40 (+3.26%) for most physicians, and $33.57 (+3.77%) for qualifying participants in Advanced Alternative Payment Models (ASM itself is not an Advanced APM)
  • Care-management and E/M services exempt from the new 2.5% efficiency adjustment, plus new behavioral-health add-on codes for Advanced Primary Care Management and new shorter-duration remote monitoring codes
  • Practice-expense changes that shift relative value toward office-based care
  • CMS shifting from process-based to outcome-based quality measures

The goal? To reward practices that deliver longitudinal, coordinated care—not just episodic treatment.


Understanding the ASM Model (And Why It Matters to Cardiologists)

The Ambulatory Specialty Model is designed to reduce variation and improve outcomes for two high-cost conditions: heart failure and low back pain.

For cardiologists, ASM means:

  • Accountability for the cost of heart-failure episodes, measured with the MIPS episode-based cost measure (half of the score), alongside quality (the other half)
  • Required coordination with primary care, post-acute care, and community-based providers
  • Performance scored on quality and cost measures, with CMS providing participants their performance data
  • A performance-based adjustment to Medicare Part B professional payments: −9% to +9% in the first payment years (2029 and 2030), rising to ±12% by 2033. Fee-for-service billing continues

Did you know? Structured interventions like timely follow-up and medication reconciliation can reduce 30-day readmissions among heart failure patients by up to 50%.


Operational and Financial Pressure

This all sounds promising—but many cardiology practices may not be fully prepared.

Delivering this level of care means:

  • Timely post-discharge outreach
  • Monthly follow-up and documentation for chronic care
  • Real-time monitoring of clinical status
  • Staffing to support medication reconciliation, behavioral health screening, and care transitions
  • Documentation and billing compliance to meet CMS standards

Participation is mandatory for the selected specialists in the chosen regions, with no opt-out; clinicians outside those regions are not subject to ASM adjustments.


A Smarter Way Forward: Alanté CareConnect

Alanté CareConnect is a cardiology-aligned solution that helps practices thrive under CMS’s evolving models—without adding administrative burden or internal staff.

Here’s how CareConnect can become an extension of your practice, improving outcomes and enhancing revenue:

Transitional Care Management (TCM)

After hospital discharge, we reach out to your patients within two business days (the Transitional Care Management contact window) to reconcile medications, identify red flags, and coordinate follow-up. This helps reduce readmissions and supports compliance with ASM care transition expectations.

Chronic Care Management (CCM)

We provide monthly telephonic check-ins with heart failure patients to monitor symptoms, improve medication adherence, and support self-management. Activities are documented to support CCM billing where Medicare’s requirements are met: one billing practitioner per patient per month, patient consent, and a care plan.

Remote Patient Monitoring (RPM)

We equip patients with home-based monitoring tools (e.g., blood pressure cuffs, weight scales) and provide daily oversight. Abnormal readings trigger immediate clinical follow-up, allowing early intervention before conditions escalate.

It’s worth noting that with 1,000 enrolled Medicare patients, a practice could, by our estimate, generate $50,000–$150,000+ annually in new revenue through properly billed CCM and RPM services.


Start Preparing Now

The 2027 launch of the Ambulatory Specialty Model may feel far off—but the work to prepare begins now.

Ask yourself:

  • Are you consistently following up with discharged heart failure patients?
  • Do you have workflows for monthly care management and documentation?
  • Are you capturing real-time data to prevent readmissions?
  • Can your current team handle the expanded coordination CMS now expects?

If you’re unsure, CareConnect is ready to help. We become an extension of your office—supporting better outcomes, higher reimbursement, and patient-centered care, all without adding to your internal workload.


Alanté CareConnect Can Ease Your Burden & Ensure You’re Prepared

Alanté Health specializes in supporting specialty practices like yours as they navigate CMS’s transition to value-based care. If you’re ready to align with the 2026 PFS and ASM model without overhauling your operations, we’d love to talk.

Reach out to us today to schedule a consultation or learn more about CareConnect.

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