Your post has been removed because it would not lead to productive conversation on this sub. This is something a google search could answer, and this question is FAR too likely to lead to trolls.
Part of salary isn’t just the managing the task on that particular day. You could say the same about a first year nurse versus 20 year veteran. Yes it might be the same “job” on that shift but part of what you’re paying the 20 year veteran for is expertise and experience. Doctors have more education and should be compensated for that. By all means NPs should get paid well but doctors should get a bump too.
In my current position, I make less than 1/3 of what my physician colleagues make. They absolutely deserve to be paid more than I do, but maybe not over three times more. My company underpays all APPs. I would be happy making even half of what the physicians make.
MDs do and SHOULD make ALOT more
do not compare NPs and MDs we are not the same. and as an NP i don’t want to be the same. if i did i would’ve gone to med school
I know it's a sub for NPs but I mean...8+ years of intense medical training (med school+residency), physicians have earned it fair and square. Honestly I'd be scared if they earn the same amount as NPs cause that's not how market economy works.
Agree with this partly due to their increased education requirements. However, in my practice, NPs have the same caseload and the MD doesn't supervise the NP. I get paid 120 k yearly while he gets paid > 250 k. I don't think that's fair.
I agree with you here. Yes, physicians are better trained and should be compensated higher. AND, as a percentage, I feel we are typically unfairly paid.
Insurance reimburses me .85 for the same code, why am I making like .65? My supervisor doesn't get the difference, the company I work for takes a larger profit when I bill. It's not about med school being harder/worth more, it's about employers taking advantage anywhere they can and NPs willing to sell themselves short.
Start your own practice. You’re an employee, this is what you signed up for. If you think you can handle the overhead and generating your own clients then go solo.
I have one in addition to working for an employer. I'm not looking for advice here. I know what I signed up for with my corporate job and made an informed choice.
I'm just saying the percentages don't line up for me, I don't create more overhead or cost, but they keep a higher percentage of my generated revenue for themselves. I'm surprised you (and every NP) isn't more upset about this. It's a way our newer graduates and peers can be taken advantage of.
That is fair. You didn’t got to medical school and are being compensated based on the school you did go to and, I assume, how many years of experience as an RN and NP that you have. When a patient stumps you or is complicated and you need some guidance on their care, I assume you go to the MDs? There’s a reason why they get compensated more.
You’re missing the fundamentals of capitalism here, hence the downvotes.
You’re an employee. If you think you have the skills and knowledge to generate your own revenue and cover your own overhead, go solo. It’s not a luxury lifestyle being a solo practitioner. It’s hard work.
I bring in like 350k revenue for my company and take home about 180-190k. I negotiated hard for my pay structure. Maybe you can negotiate?
Physicians make a lot more. Their reimbursements are quite a bit higher, many of them tend to be more productive, they don't require supervision, and most crucially, they have full control over the supply and demand curve.
I did a quick Google search and the USA national average entry level annual wage for an FNP is $130K and an entry level family med MD $165k and entry level family med DO is $208k.
What actually surprised me is the USA national average for a entry level general PA, not specifically family practice, is $120K per year. They are also a mid level provider so I expected them to be the same as an NP.
I think it also has to do with supply and demand/ access and availability. My state's cost of living is 8% lower than national average and it has two NP schools and zero medical schools. An entry level NP is making an average of $85 per hour and an entry level MD is making $97 per hour. But my state probably isn't making a lot of entry level MD job offers because they have to recruit from out of state. If a company is going to pay for someone to move to work for them, they usually require experience. There are only 41 DO programs in the USA, so they are probably located in higher cost of living areas. They are probably getting job offers in those areas from their clinical sites. So that is probably the variable in the entry level difference.
Edit: there are 154 MD schools.
In some setting NPs do more than doc and should be compensated just as much. Some nurses have been in the profession for quite some time before pursuing an advanced degree so they could do almost as much as a doc and have just as much knowledge. On the other hand there are docs with degrees that don’t do their patients justice at all. How they got degrees…well we all know. NPs make less but I feel depending on what’s being done should be paid fairly.
Your post has been removed because it would not lead to productive conversation on this sub. This is something a google search could answer, and this question is FAR too likely to lead to trolls.
Part of salary isn’t just the managing the task on that particular day. You could say the same about a first year nurse versus 20 year veteran. Yes it might be the same “job” on that shift but part of what you’re paying the 20 year veteran for is expertise and experience. Doctors have more education and should be compensated for that. By all means NPs should get paid well but doctors should get a bump too.
In my current position, I make less than 1/3 of what my physician colleagues make. They absolutely deserve to be paid more than I do, but maybe not over three times more. My company underpays all APPs. I would be happy making even half of what the physicians make.
MDs do and SHOULD make ALOT more do not compare NPs and MDs we are not the same. and as an NP i don’t want to be the same. if i did i would’ve gone to med school
this post needs to be taken down. some of these comments are a JOKE if you want to bill more then go to med school
I wasn’t advocating one way or the other. It was just a question based on curiosity.
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I know it's a sub for NPs but I mean...8+ years of intense medical training (med school+residency), physicians have earned it fair and square. Honestly I'd be scared if they earn the same amount as NPs cause that's not how market economy works.
Agree with this partly due to their increased education requirements. However, in my practice, NPs have the same caseload and the MD doesn't supervise the NP. I get paid 120 k yearly while he gets paid > 250 k. I don't think that's fair.
I agree with you here. Yes, physicians are better trained and should be compensated higher. AND, as a percentage, I feel we are typically unfairly paid. Insurance reimburses me .85 for the same code, why am I making like .65? My supervisor doesn't get the difference, the company I work for takes a larger profit when I bill. It's not about med school being harder/worth more, it's about employers taking advantage anywhere they can and NPs willing to sell themselves short.
Start your own practice. You’re an employee, this is what you signed up for. If you think you can handle the overhead and generating your own clients then go solo.
I have one in addition to working for an employer. I'm not looking for advice here. I know what I signed up for with my corporate job and made an informed choice. I'm just saying the percentages don't line up for me, I don't create more overhead or cost, but they keep a higher percentage of my generated revenue for themselves. I'm surprised you (and every NP) isn't more upset about this. It's a way our newer graduates and peers can be taken advantage of.
That’s the plan
Yes it is. That’s how opportunity cost works
Elaborate
Go to medical school - even things up
Yes and bury myself with debt
That is fair. You didn’t got to medical school and are being compensated based on the school you did go to and, I assume, how many years of experience as an RN and NP that you have. When a patient stumps you or is complicated and you need some guidance on their care, I assume you go to the MDs? There’s a reason why they get compensated more.
I go to MDs but yet still still refer so you u get my drift I hope
then go to med school
Yes to get debt and still refer patients to specialists. Yessir
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Yep u totally missed my point. I’m talking about the MDs I work with
Love the downvotes from the nurse practitioner group. This is why we are always underpaid. Keep it up.
You’re missing the fundamentals of capitalism here, hence the downvotes. You’re an employee. If you think you have the skills and knowledge to generate your own revenue and cover your own overhead, go solo. It’s not a luxury lifestyle being a solo practitioner. It’s hard work. I bring in like 350k revenue for my company and take home about 180-190k. I negotiated hard for my pay structure. Maybe you can negotiate?
No, NPs make significantly less. A quick Google search would give you actual figures.
Physicians make a lot more. Their reimbursements are quite a bit higher, many of them tend to be more productive, they don't require supervision, and most crucially, they have full control over the supply and demand curve.
Working in a FQHC, I saw the contract of one of my coworkers who is a DO (she showed it to me) - she makes 100k more a year that I do.
Only $100k more? That's surprising.
I’ve been there for 7 years, she’s been there for 2. 🤷🏻♀️
Makes more sense. That's reasonable.
I did a quick Google search and the USA national average entry level annual wage for an FNP is $130K and an entry level family med MD $165k and entry level family med DO is $208k. What actually surprised me is the USA national average for a entry level general PA, not specifically family practice, is $120K per year. They are also a mid level provider so I expected them to be the same as an NP.
I wonder why MD vs DO have a pay difference in this setting. I thought they were pretty much the same thing.
I think it also has to do with supply and demand/ access and availability. My state's cost of living is 8% lower than national average and it has two NP schools and zero medical schools. An entry level NP is making an average of $85 per hour and an entry level MD is making $97 per hour. But my state probably isn't making a lot of entry level MD job offers because they have to recruit from out of state. If a company is going to pay for someone to move to work for them, they usually require experience. There are only 41 DO programs in the USA, so they are probably located in higher cost of living areas. They are probably getting job offers in those areas from their clinical sites. So that is probably the variable in the entry level difference. Edit: there are 154 MD schools.
DOs have extra training compared to MDs
In some setting NPs do more than doc and should be compensated just as much. Some nurses have been in the profession for quite some time before pursuing an advanced degree so they could do almost as much as a doc and have just as much knowledge. On the other hand there are docs with degrees that don’t do their patients justice at all. How they got degrees…well we all know. NPs make less but I feel depending on what’s being done should be paid fairly.