As the number of nurse practitioners hits a record high in the U.S. and the demand for advanced practice providers continues to grow, this provider group's compensation is increasing across specialties, according to a SullivanCotter survey.
To assess compensation practices for this growing provider group, SullivanCotter surveyed healthcare organizations' compensation departments. The data stems from each organization's human resource information system. The survey looked at the median base hourly pay rate for this provider group by specialty, which included primary care, medical, surgical and hospital-based NPs and PAs.
SullivanCotter then combined the 2017 pay rates for NPs and PAs and compared this data to the rates from 2015, which revealed a compensation increase in each specialty.
Here are four insights on median base hourly pay for NPs and PAs by specialty.
1. Primary Care
2015: $48.00
2017: $50.09
2. Medical
2015: $49.76
2017: $52.31
3. Surgical
2015: $50.35
2017: $53.54
4. Hospital-based
2015: $51.82
2017: $54.31