Transparency is important so we can negotiate. As a new grad nurse practitioner I accepted a ridiculously low paying position and I assumed that was the pay in the new city I move to. I have grown over the past couple years and I understand I was taken advantage of. I hope that this doesn't happen to others. Therefore, I believe it is critical we know what other nurse practitioners are being compensated so we are able to negotiate our salary and benefits packages.
I'm an FNP-C in Houston area working in Surgery (first assist, preop, and follow up post op care) Salary is 110k (negotiating to 115k), 3 weeks pto, 9 paid holidays, 1500 CME/yr, paid DEA, malpractice, 401k without match, 4 day work week (40-50hrs), on-call practically all the time (but only get calls on surgery days 2-3days/week). Overall I'm happy with the work I do.
I mean that's their ideal situation, that I just never have days off. I am allowed to take unpaid days off, so that's what I have to do to get a vacation this year.
Hopefully you will be moving to a different position ASAP
I started out as a primary care NP (AGPCNP). My first year's compensation was $125K. After 2 years, I switched to mental health and was paid $75 per hour for 1 year. I just completed 1.5 years with my employer, have earned my PMHNP and I negotiated pay raise to $90 per hour = $187K per year. I am in Bakersfield, CA.
That is great. So happy for you. Can you please comment on how were you able to work with a AGPCNP certification in mental health and get paid, before your PMHNP certification?
Specializes in Psychiatric and Mental Health NP (PMHNP).
22 hours ago, Sun1 said:
That is great. So happy for you. Can you please comment on how were you able to work with a AGPCNP certification in mental health and get paid, before your PMHNP certification?
Thanks!
There is a terrible shortage of mental health care providers in California, so some organizations will hire an NP and give them the title "Behavioral Health NP." However, it is harder to find these jobs.
This was my first job as a new grad NP and majority of other NPs in the group start out as new grads as well. Not ideal or safe to be honest as you could imagine. I have worked here 5 years now.
Did 510k this year, finally broke the 500k mark after a few years. Enforcing no show fees has been a game changer for me. Granted I work M-F 10 hour days and didn't miss a single day of work this year with no vacation.
The money is out there
Have you hired any partners/someone to work under you? It's working out to be about $196 per hour. You could hire a psych NP to work under you for $150,000 per year and if they bring in the same $196 per hour they will bring in $360,000 a year working 40 hour work weeks with 6 weeks vacation. You'll profit over $200K per psych NP you hire.
Have you hired any partners/someone to work under you? It's working out to be about $196 per hour. You could hire a psych NP to work under you for $150,000 per year and if they bring in the same $196 per hour they will bring in $360,000 a year working 40 hour work weeks with 6 weeks vacation. You'll profit over $200K per psych NP you hire.
I am looking for that right now I have been subleasing a space for the last 2 years and recently bought an office space I am renovating. I'm hoping to get a Psych NP and then sublease the other rooms to therapists and a psychologist
I am looking for that right now I have been subleasing a space for the last 2 years and recently bought an office space I am renovating. I'm hoping to get a Psych NP and then sublease the other rooms to therapists and a psychologist
Smart! Did you contract with insurance or self pay only? Several of my colleagues have gone private practice but they keep getting gobbled up by the big players trying to consolidate because they have trouble negotiating favorable insurance rates on their own.
Smart! Did you contract with insurance or self pay only? Several of my colleagues have gone private practice but they keep getting gobbled up by the big players trying to consolidate because they have trouble negotiating favorable insurance rates on their own.
I use Headway and Alma to bill insurance. It makes it easier to run everything since I do everything myself including phone calls, emails, prior auths, etc. They let me bill Cigna, Aetna, United, Optum.
In my area there is a huge deficit of providers, so it has been very easy to fill my roster.
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Rnis, BSN, DNP, APRN, NP
343 Posts
Hopefully you will be moving to a different position ASAP