We can’t say that nurse practioner is more promising than another. Still, during the selection process, the potential salary can be a relevant element to consider.
According to the American Association of Nurse Practitioners, there are over 220,000 nurse practitioners in the US today. This occupation has an extremely high job satisfaction rating in healthcare, thanks in part to the generous compensation.
Since some professions get paid more than others, new graduates may wonder what the highest paying nurse practitioner specialties are.
We’ll include in this article information about the six most desired median salary points you can enjoy in this field.
Highest Paying Nurse Practitioner Specialties
In 2021, the BLS says that an average nurse practitioner could earn $123,780 a year. Yet, a nurse’s specialty will directly impact their responsibilities and income. Here are the most well-paid NP specialties to take into account:
Nurse Anesthetist ($181,040)
On the top of this list is the nurse anesthetist profession.
In May 2019, the BLS marked the average hourly wage of a nurse anesthetist at $87, putting this specialty in the front line regarding top-paid positions for nurses with a master’s.
Competition is harsh. The AANA suggests that it takes 7-8 years of studying to become a qualified nurse anesthetist.
You’ll need to join an interview to apply for a program, do loads of studying and research to pass a certification exam, and at least one year of experience working for care settings.
That’s a lot of work and time, but it’ll pay off and guarantee you a high-standard living afterward.
Psychiatric & Mental Health NP ($139,118)
Psychiatric & mental health NPs use their neurobiological, psychological, and nursing skills and knowledge to diagnose, evaluate, and treat families, groups, individuals, and communities.
Usually, a physician supervises PMHNP, while a nursing assistant works under a PMHNP’s supervision, depending on their state.
PMHNPs must pursue and complete at least two psychotherapeutic treatment modalities and gain a doctoral or master’s degree.
Besides, they must also get a Psychiatric-Mental Health Nurse Practitioner certification provided by the ANCC and attain authorization to train and practice from the nursing board in their state.
Pediatric NP ($131,302)
Pediatric NPs’ main duty is to care for children of infancy to early adulthood (typically 18 to 21 years old). This APRN group’s scope of practice runs from acute to primary care, and they usually choose an acuity before diving into their graduate programs.
Also, PNPs may further specialize based on the service or body system. For instance, they can focus on pediatric surgery or oncology.
With an APRN degree on hand, a PNP can perform in diverse environments, including telemedicine clinics, specialty clinics, pediatric medical offices, and hospitals.
Neonatal NP ($130,314)
Over 100,000 babies are born a day; so there will always be plenty of neonatal nurse practitioner jobs available. The job security is nearly absolute.
Along with the multiplying population expansion, the risks of premature births are also increasing. As a prospective NNP, this accounts for a large proportion of your baby-care career.
You’ll expect to spend most of your time in the emergency room and intensive care unit caring for susceptible newborns. Those little patients will usually be those suffering from birth defects and genetic disorders.
It’s an arduous and demanding occupation, but the rewards afterward deserve all the hard work. Most importantly, you’ll be saving the world’s most valuable resource.
Orthopedic NP ($123,820)
ONPs are in charge of taking care of patients with skeletal or muscular conditions, like fractures, scoliosis, osteoporosis, or arthritis.
They provide essential care and education, help patients retain mobility post-surgery, and coordinate with physicians in patient care.
Like other nurse practitioners, an ONP must hold a master’s and APRN authorization provided by their state. Besides, the Orthopedic Nurses Certification Board’s certification and 2,000 hours (at least) of APRN practice are other mandatory requirements.
Because of these stringent disciplines and standards, it stands to reason ONPs are among the highest-paid healthcare workers.
Dermatology NP ($123,631)
Dermatology nurse practitioners specialize in the treatment of diseases and medical conditions that affect the surface of the skin.
As a DNP, your main responsibilities are to perform thorough medical examinations. In particular, it involves gathering patients’ medical histories (for example, what drugs they take), performing a physical examination, and pre-scheduling required examinations.
To earn a DNP certification, you’ll have to pass a test that assesses your skills, knowledge, and understanding of nursing core principles. Also, nurses who pursue a dermatology NP license full time have to spend 5-8 years completing the process.
That’s why community health institutions, hospitals, and family clinics are craving talented, qualified DNPs who can assist in patient dermatology care.
Is Becoming a Nurse Practitioner Worth It?
The answer is an absolute yes. Whether you’re seeking generous retirement benefits, fantastic health insurance, or top wages, there’s a nurse practitioner job to fit your compensation package needs.
One of the prime reasons for choosing this career is that job security has gone a long way without seeing a downswing.
Besides the above specialties, many other professionals are hunted, such as dermatology nurse practitioners, surgical nurse practitioners, and cardiology nurse practitioners.
With an all-time high demand for this workforce, health companies and organizations do whatever to appeal to and keep you if you’re a skilled NP.
Notably, the current shortage of accomplished NPs, by chance, will put you at an advantage when negotiating the wage and benefits with employers.
Indeed, choosing a career path should not be all about money. Say if you hate becoming a nurse anesthetist, will the big paycheck be enough to motivate you to perform your best? You know it’s never a good way to go.
Remember that your passion and enthusiasm always lead to rewarding bonuses, including desirable earnings. So, gear yourself with robust education and skill sets through practical nurse practitioners jobs and set a high price for your work with confidence!