00 before taxes does not make for financial stability for the nurse

00 before taxes does not make for financial stability

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profits, is a question this nurse has as paying taxes on 268,000 but making 92,500.00 before taxes does not make for financial stability for the nurse practitioner (Iglehart,2013). This nurse would really like to speak with a NP in this area to see how contracts are made before committing to staying in Ohio to work. References American Association of Nursing Practitioners. (2016). Contract Negotiations for Nurse Practitioners. Retrieved from - articles/579-employment-negotiations Buppert,C. (2011). Nurse practitioner’s business practice & legal guide (4th ed.). Sudbury, MA: Jones and Bartlett. Iglehart,J. K. (2013). Expanding the role of advanced nurse practitioners—risks and rewards. New England Journal of Medicine , 368 (20), 1935-1941. doi;10.1056/NEJMhpr1301084 Show Less Katherine De Los Trinos-Ocampo 7/21/2016 2:24:41 PM Week 3 Discussion Part 3 As a NP who has two years of experience and that is averaging 20-patients-per day I would expect my current net salary to be roughly around $104,000 (an average of the salaries of the NP who sees 15 patients per day and the NP who sees 24 patients per day). Having now had 2 years of experience as a NP and as a member of the practice I would think that I would be functioning more independently with minimal collaboration time dedicated towards physician consultation. I would negotiate reducing the 15% physician consultation services fee to 10%. This would put my salary at roughly around $109,200 (5% increase due to reduction in physician fee). I would ask for $110,000-$115,000 and bring in an action plan on how I plan to generate more revenue for the practice in order to justify this salary.
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NPs have been serving as the solution to the decline in primary care physicians and the growing amount of patients who now have access to healthcare as a result of the Affordable Care Act; yet credentialing and reimbursement policies are hindering NPs from being utilized optimally (Hansen-Turton, Ware, Bond, Doria, & Cunningham, 2013). Educating NPs on how to negotiate their worth is essential in order to put a spotlight to this profession and to award NPs with the recognition they deserve as quality primary healthcare providers. Reference Hansen-Turton, T., Ware, J., Bond, L., Doria, N., & Cunningham, P. (2013). Are managed care organizations in the United States Impeding the delivery of primary care by nurse practitioners? A 2012 update on managed care organization credentialing and reimbursement practice: Population Health Management, 16(5), 306-309. doi: 10.1089/pop.2012.0107 Show Less Instructor Duncan reply to Katherine De Los Trinos-Ocampo 7/22/2016 12:23:16 PM RE: Week 3 Discussion Part 3 Katherine, Excellent work! Based on the math you have presented, this is an excellent approach to negotiating an appropriate salary. Salary varies by geographical location too, so be sure to keep that in mind. Dr. Duncan Show Less Amber Kelly 7/21/2016 4:52:37 PM Discussion Part Three
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Professor and class According to Buppert (2011) there are four main ways a salary can be paid for nurse practitioners, they are “straight salary”, “percentage of net receipts”, base salary plus percentage”, and “hourly rate” (p.
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  • Fall '16
  • Cameron Duncan
  • The Hours, The Land, Salary, Advanced practice nurse, Healthcare occupations

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