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ADVANCE Voice: NP

Many New NP Practices … and a Resource

Published April 23, 2008 7:48 AM by Jill Rollet
I have only anecdotal evidence, but it seems that there are a lot of new NP practices opening out there. In the past few weeks, I've received four Practice Snapshot surveys from NPs who've been in business just since the end of 2007 — two of whom I convinced to help me launch a private practice blog on this site, so stay tuned.

I've also already received an NP Entrepreneur of the Year entry from a new practice owner. And Troy Heidesch, NP, wrote his first New Entrepreneur column for the ADVANCE Web site about his imminent office opening.

In fact, practice ownership is a small but growing trend among NPs. Our biennial National Salary and Workplace Survey of Nurse Practitioners has shown the percentage of practice owners increasing steadily — from 1% of respondents in 2003 to 2% in 2005 to 3% in 2007.

But lest you think my subject is a ploy to link you to all the great resources for practice owners on the ADVANCE Web site, I'd like to tell you about another great site for NP entrepreneurs. It's the Nurse Practitioners in Business site at http://www.npbusiness.org/.

Published by Barbara Phillips, NP, owner of Aberdeen Primary Care in Aberdeen, Wash., the site has a blog and articles about running a practice, interviews with NP practice owners (which you can join live), surveys and links to resources. You can also sign up for a weekly e-newsletter. Check it out.

But before you do, let us know why you own your practice — or want to. Comment below.

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