By NextBestFitTask 3.4.3 of 3
Review specialty-level supply response annually; adjust the conversion factor if any specialty's wait times exceed the guarantee in 3+ regions.
Who does it
Rates Board
When
Annual
Trade-off
Adjusting conversion factors for wait times protects access but weakens cost discipline.
Part of: Converge provider rates
Each provider's payments move from its prior blended rate toward UHP rates by 25% a year over four years, so revenue changes are gradual.
This step changes 1 existing laws, programs, or institutions. See the list.