Pay Growing Faster for Nurse Practitioners Than Physicians

Medscape published an article in 2010 comparing salaries for nurse practitioners and physicians. In short:

  • Median pay for nurse practitioners in 2009 was $85,706 while median pay for primary care physicians was $191,401
  • Since 2005 compensation for nurse practitioners has risen 21.9% compared with 13.9% for primary care physicians
  • The nurse practitoiner profession is growing.  In 2000 there were 82,000 nurse practitioners compared with 140,000 in 2010

What does this mean for you?  You have the opportunity to enter a profession where you will continue to be in higher demand with the opportunity for an increasingly greater salary.  Sounds like a great opportunity!