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Physician fee schedule conversion factor: Medicaid rates by state

6 states publish a Medicaid rate for physician fee schedule conversion factor, compared at the physician psychologist level. Per hour, rates range from — in California to $40.40 in New York.

States
6
Median per hour
$40.40
Highest
$40.40New York
Lowest
—California

Every state, ranked

#StateRateUnitPer hourEffectiveSource
1New YorkPhysician or licensed psychologist (incl. BCBA-D)$10.1015 min$40.402026-04-01Official source
2MontanaAny qualified provider (rate does not vary by provider)$28.75——2026-07-01Official source
3TexasPhysician or licensed psychologist (incl. BCBA-D)$28.07per RVU—2019-01-01Official source
4West VirginiaAny qualified provider (rate does not vary by provider)$24.40——2026-04-01Official source
5WashingtonAny qualified provider (rate does not vary by provider)$19.11——2026-07-01Official source
6CaliforniaPhysician or licensed psychologist (incl. BCBA-D)$14.01——2026-10-01Official source

Frequently asked questions

Which state pays the most for physician fee schedule conversion factor?

New York: $10.10 per 15 min ($40.40 per hour).

What is the average Medicaid rate for physician fee schedule conversion factor?

Across 6 states the median is $40.40 per hour, comparing the same provider level in each state.

Other Physician & professional services

Physician fee schedule conversion factor in your statesRates, plan rules, labor costs and changes, with alerts.
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