If you think that a nurse practitioner isn’t up to the challenge in your practice, think again. There are 3 great reasons to add one (or more than one!) to your staff:
They can lessen the strain of physician shortages
According to the American Association of Medical Colleges (AAMC), the US will have a physician shortage of 90,000 by 2020. By 2025, the AAMC says that number will grow to 130,000. As the number of physicians dwindles, it will become harder for you to fill openings. You’ll either have to offer a better compensation package or simply resign yourself to having a smaller staff.
That’s why you should consider hiring nurse practitioners instead. Unlike physicians, nurse practitioners make up the largest growing group of professionals in the medical industry. In fact, the number of nurse practitioners across the US tripled between 1991 and 2008!
They can help you see more patients — faster
The last thing someone wants to do when they’re sick is spend hours in a waiting room. Fortunately, nurse practitioners can prescribe medication, update medical records, and handle follow-up phone calls. And, in 20 states, nurse practitioners have full practice authority. That means you can let them deal independently with patients — meaning they won’t have to wait as long to get the attention they need. And from a revenue standpoint, the more patients you can tend to in a day, the better.
They command smaller salaries
As of 2015, the average primary care physician salary was $195,000, while the average nurse practitioner salary was just over $95,000. By hiring a nurse practitioner the next time a physician leaves, you could save $100,000!