Nurse Practitioner VS Doctor: Career & Salary Comparison

• April 6, 2020
• kupplinadmin
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What is a Nurse Practitioner?

According to the American Association of Nurse Practitioners (AANP), nurse practitioners, or NPS as they are sometimes referred, are trained, licensed and independent healthcare clinicians concentrated on managing patients’ health conditions including treating injuries and illnesses, as well as supporting prevention. Licensed as advanced practice registered nurses (APRNs), nurse practitioners usually specialize, or even sub-specialize, in a specific medical specialty.

Is a nurse practitioner as good as a doctor?

An MD is a doctor of medicine. Doctors are able to diagnose conditions, treat patients for all ailments, and write prescriptions. While a doctor may refer a patient for specialized care, such as to a neurologist, the physician has a well-rounded education that overlaps with all specialties. An NP is a nurse practitioner. This is sometimes confused with an RN, which is a registered nurse. Whereas the RN cannot prescribe medications, the nurse practitioner is licensed to do so, as well as diagnose conditions. Some states and cities have different laws and regulations that require physicians to oversee NPs, but other areas allow NPs to work without oversight.

Do nurse practitioners make as much as doctors?

The survey of nearly 1,100 NPs and physician assistants was conducted in March of 2018. Among its findings: NPs reported an average salary of $113,900, an increase of 6.6% over last year’s average reported salary of $106,000.

• 5% of NPS reported earning more than $150,000 in 2017.
• 12% of respondents reported receiving a sign-on bonus for their current role, up from 11% in the previous year’s survey.
• 15% of PAs and NPs with less than 10 years of experience were paid a sign-on bonus, compared to 8% of PAs and NPs with more than 20 years of experience.
• The average sign-on bonus was $7,200.
• 86% of PAs and NPs reported being satisfied, to some degree, with their income level.

Why do doctors get paid more than nurses?

Doctors have a higher salary than nurses, mainly because of their education, title, and license.

The nurse, on the other hand, has to meet more or less similar educational terms to receive a similar fate as that of the doctor’s, salary-wise.

What nurse practitioner specialty is the highest paid?

The highest paying nursing jobs are:

• Certified Registered Nurse Anesthetist – $167,950
• General Nurse Practitioner – $107,030
• Clinical Nurse Specialist – $106,028
• Psychiatric Nurse Practitioner – $105,658
• Certified Nurse Midwife – $103,770
• Neonatal Intensive Care Nurse – $102,487
• Pain Management Nurse – $101,916
• Nursing Administrator – $99,730
• Family Nurse Practitioner – $98,408
• Registered Nurse First Assist – $96,418

What is the starting salary of a nurse practitioner?

According to the American Association of Nurse Practitioners (AANP) Compensation Survey, NPs earned an average income of $105,546 per year or $59.87 per hour.

Are you looking for jobs in healthcare? For more information regarding a career as a doctor or nurse practitioner, contact Kupplin today.

Source:

https://www.solvhealth.com/blog/doctors-vs-nurse-practitioners-what-s-the-difference

https://www.healthleadersmedia.com/nursing/nurse-practitioner-salaries-rise

https://nurseslabs.com/doctors-vs-nurses-differences/

https://nurse.org/articles/15-highest-paying-nursing-careers/

https://www.aanp.org/news-feed/2017-national-nurse-practitioner-sample-survey-results