Total annual income for nurse practitioners is on the rise, breaking $100K this year
According to an American Association of Nurse Practitioners (AANP) report conducted earlier this year, the total annual income of nurse practitioners has increased 10% from 2011, reaching a total of $108,643 this year.
“The rising salaries documented by AANP reflect growing understanding that nurse practitioners are vital to today’s health care system,” said AANP’s president Cindy Cooke in reference to the report.
This salary increase acts in correlation to the doctor shortage and the increase of access to insurance as a result of the Affordable Care Act. The demand for nurse practitioners in this country is growing, sending this career path climbing the charts as one of the best health care jobs in the country.
Among nurse practitioners experiencing increases in income, those with a doctoral degree have been recorded as being at the higher end of the spectrum for average annual salary.
Even further, amongst the different types of graduate degrees that can be obtained by nurse practitioners, a DNP was reported as the most popular degree and the one leading to the best-paid jobs, according to a 2012 ADVANCE report. It is clear that the benefits of the DNP degree have caught the attention of many nurse practitioners, with the number of students enrolled in DNP programs increasing from 14,688 to 18,352 from 2013 to 2014, and the number of graduates increasing from 2,443 to 3,065 during that same period.
Amongst the many benefits that Alvernia students pursuing their Doctorate of Nurse Practice degree can expect to encounter, a comfortable salary and high demand are simply a few.