Major healthcare industry groups, including MGMA, NAACOS, and Premier, issued warnings regarding the Centers for Medicare & Medicaid Services' (CMS) proposed 2026 physician fee schedule. The groups highlighted potential adverse effects on value-based care models, citing concerns over payment reductions, increased administrative burdens, and compulsory participation mandates. They have called on CMS to reconsider the proposal to protect the sustainability and effectiveness of value-focused healthcare delivery systems.