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Wednesday, November 20, 2019
Home Career Nurse Practitioner Survey: These Are the Highest-Paying Practice Settings for NPs and PAs

Survey: These Are the Highest-Paying Practice Settings for NPs and PAs

Job earnings and availability are on an upward trajectory for nurse practitioners and physician assistants, according to the latest salary report from Clinical Advisor.

Through a survey of more than 1,600 NPs and some 550 PAs, the publication broke down where in the country advanced practice providers (APPs) are best compensated, at which types of medical facilities they earn the most, and which specialities are the highest-paying.

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Overall, more than half the respondents reported earning more in 2018 than in 2017, and more than half expect to continue this trend in 2020. Their responses also indicated that the wage gap between men and women APPs closed somewhat in 2018, though it still persists. In 2017, men made on average $17,000 more annually than women, compared to $13,000 in 2018. The total average salary in 2018 was $107,973 for NPs and $115,881 for PAs.

NP and PA salary based on practice setting

NPs

1. Hospital – $122,598
2. Long-term Care – $115,000
3. Clinic: Hospital – $108,965
4. Walk-in/Ambulatory Care – $105,814
5. Office Practice – $104,466
6. Clinic: Stand-Alone – $103,352

PAs

1. Hospital – $127,173
2. Office Practice – $120,735
3. Clinic: Stand-Alone – $116,156
4. Clinic: Hospital – $115,714
5. Walk-in/Ambulatory Care – $111,944
6. Corrections/Prison – $92,500

NP and PA salary based on location

NPs – geographic region

1. West – $117,311
2. Northeast – $111,502
3. South – $106,255
4. Midwest – $103,059

PAs – geographic region

1. West – $125,307
2. South – $115,000
3. Northeast – $113,431
4. Midwest – $110,789

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NPs – urban, suburban or rural

1. Urban – $110,231
2. Suburban – $108,633
3. Rural – $103,565

PAs – urban, suburban or rural

1. Rural – $118,344
2. Suburban – $117,333
3. Urban – $113,295

NP and PA salary based on specialty

NPs

1. Psychiatry – $130,382
2. Urgent Care – $116,293
3. Geriatric Medicine – $112,177
4. Other – $110,096
5. Adult Medicine – $107,672
6. Primary Care – $104,032
7. Family Medicine – $102,158
8. Pediatrics – $97,160

PAs

1. Geriatric Medicine – $165,833
2. Urgent Care – $125,281
3. Primary Care – $120,887
4. Adult Medicine – $120,577
5. Pediatrics – $116,806
6. Other – $112,730
7. Family Medicine – $109,259
8. Psychiatry – $109,000

NP and PA salary based on education

NPs

1. Doctorate – $114,910
2. Masters – $107,348
3. Certificate of completion – $92,153

PAs

1. Certificate of completion – $117,946
2. Masters – $115,552
3. Doctorate – $110,220

NP and PA salary based on experience level

NPs

<5 years – $100,634
6-10 years – $110,442
11-15 years – $110,828
16-20 years – $111,730
>20 years – $112,989

PAs

<5 years – $97,370
6-10 years – $122,172
11-15 years – $112,286
16-20 years – $126,027
>20 years – $120,140

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The report also dug into the average number patients the average PA and NP sees each week, as well as the number of hours worked. More than 50 percent of both groups saw between 26 and 75 patients each week. More than 70 percent worked between 31 and 50 hours weekly. Some 40 percent of respondents reported being satisfied with their pay.

Does your compensation align with these findings? Share your thoughts in the comments.

References:

Are you being fairly compensated?, Clinical Advisor.

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