hospitals paying for NP

Trauma Columnist · Jan 5, 2011

Not usually. Up until a few years ago - yes, some hospitals did. Nowadays with huge cut backs in Medicare reimbursement, benefits are being cut right and left.

carachel2 · Jan 5, 2011

Hospitals in my area did not since in their eyes, getting an NP degree would pull you away from the bedside where you were theoretically needed more. I've heard in the past few years SOME money has been made available, but to get it you had to continue working pretty much full-time through school. NO THANKS!

linearthinker, DNP, RN · Jan 6, 2011

Some large university med centers will. My sis in law worked at Columbia Presby on an ONC unit. She got 80% assistance for her NP program through Columbia, but she owes them a lot of years in return and has an iron clad no compete clause. I have a friend who worked as a RN in a cardiology prac, and they paid for her NP, but she had to sign her life away. They work her like a dog, 60 weeks, lots of after hours call and she makes 60k a year. She can't leave either. Sis in law is very pleased w/ her arrangement b//c she has no intention of ever working anywhere besides presby in her life, lol. Friend at cardio prac thinks it is the biggest mistakke of her adult life.

In my area it would never happen. They eliminated continuing ed money a few years ago. They have requiired nurses who are AND prepared to get a BSN by the end of 2014, but they are no longer offering any financial incentive (other than, don't do it and you won't be getting paid at all, lol)

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Le-Lee_FNP, MSN, RN, NP · Jan 6, 2011

i live in tennessee and Vanderbilt University medical center pays 100% for your NP education and they don't require any contracts of any sort. the downside is they want you to work full time and go to school part time, so they will only pay for part time each semester and therefore if you go full time you will have to pay for half your own credits. also if you attend vanderbilt university as an employee they will pay the tuition upfront but if you attend another university other than Vandy they give you tuition reimbursement. its a pretty good deal and i haven't really seen another hospital beat it.

jedi88 · Jan 6, 2011

thanks!

carachel2 · Jan 6, 2011

Some large university med centers will. My sis in law worked at Columbia Presby on an ONC unit. She got 80% assistance for her NP program through Columbia, but she owes them a lot of years in return and has an iron clad no compete clause. I have a friend who worked as a RN in a cardiology prac, and they paid for her NP, but she had to sign her life away. They work her like a dog, 60 weeks, lots of after hours call and she makes 60k a year. She can't leave either. Sis in law is very pleased w/ her arrangement b//c she has no intention of ever working anywhere besides presby in her life, lol. Friend at cardio prac thinks it is the biggest mistakke of her adult life.
In my area it would never happen. They eliminated continuing ed money a few years ago. They have requiired nurses who are AND prepared to get a BSN by the end of 2014, but they are no longer offering any financial incentive (other than, don't do it and you won't be getting paid at all, lol)
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That is INSANE about your cardiology NP friend. Might be worth the $$ to bail on the contract.

linearthinker, DNP, RN · Jan 8, 2011

She can't. Can't move due to family issues and signed a non compete within 200 miles contract! She's really screwed. Every doc in that practice makes over a million a year, and here she is at 60k for 5 years! NP pay here is low, with 70k being very good for an experienced NP, but that's for 40 hours, and my friend does 60 plus call. Not to mention the verbal abuse from the jerks she works for; 60k to be mistreated is terrible!