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Oct 16, 2022
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Rapid growth of the Nurse Practitioner workforce, what does it mean?
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From 2010 to 2017, the number of Nurse Practitioners (NPs) in the United States increased more than twofold. It increased by 109% by that time which rises from 91,000 in 2010 to 190,000 in 2017. The pronounced growth in the number of NPS has reduced the size of the registered nurse (RN) workforce by up to 80,000 nationwide.
“According to the research done in the previous years, NP employment was concentrated among hospitals, physician offices, and outpatient care centers from 2010 to 2017. It grew the fastest in the outpatient setting.”
It does pay a lot more, especially for younger nurses and it is also one of the things that attract younger nurses because the nursing reimbursement rates have fallen. After all, nurses are more unionized and had better benefits.
“As the Department of Labor Statistics stated, the average pay working for a nurse practitioner is around $100 an hour, and a Physician's assistant nurse practitioner gets paid around $55 per hour. Therefore, the workforce is going to continue to increase moving forward.”
What are the implications of this Rapid Growth?
There are nurses from the get-go, even entering nursing school, who are planning a whole career to become nurse practitioners rather than just being a nurse. A market shift in terms of nurse practitioners continues as we see. Unfortunately, that is leading to a significant decrease in the workforce of nurses. As a result of the nurse practice, they have a nurse workforce.
“Currently, COVID19 is taking place and all the related stuff that is going on is burnout.”
What is the future outlook?
As we move forward, you will see that more and more people are joining this workforce. The growth rate for nurse practitioners is the highest of any occupation at 52%. And then, of course, physical therapists, home health specialists, occupational specialists, and physician assistants at 31%. So a combination of them is within the top 10 rapidly growing professions in the United States as we move forward into the future.
“We need more people to join this workforce as the future of telemedicine is slowly becoming the future of the health care system.”
Written by
CEO | Founder | President NeuroCare.AI - Advancing Digital Health Ecosystem in Emerging Countries!