As the number of nurse practitioners hits a record high in the U.S. and demand for advanced practice providers grows, 48 percent of healthcare organizations are using incentive pay for at least some of their APPs, a SullivanCotter survey found.
Incentive compensation has been linked to performance quality and patient experience. Nurse practitioners could be rewarded, for example, for helping to prevent readmissions.
To assess compensation practices, SullivanCotter surveyed healthcare organizations' compensation departments and looked at APP incentive amounts by specialty group. The data stems from each organization's human resource information system.
The median incentive amounts paid to NPs and PAs by specialty group:
Primary care: $9,425
Surgical: $8,975
Medical: $8,112
Hospital-based: $8,051