Lessons Learned From Nurse Practitioner Independent Practice

A Conversation With a Nurse Practitioner Entrepreneur

Joyce A. Hahn, PhD, RN, NEA-BC, FNAP; Wesley Cook, APRN, FNP-BC, CPSN

Disclosures

Nurs Econ. 2018;36(1):18-22. 

In This Article

Final Thoughts

JH: Do you have any concluding thoughts to share?

WC: Owning a practice is serious business, and it is all too easy to become enamored with the freedom of charting one's own course to the detriment of business interests. But resilience in the face of uncertainty, adversity, and doubt is built up in the corpuscles of nurses, so if you want to own a business for the freedom, let that be an impetus and learn to do the business bits well along the way. Bits like credentialing will be grueling; do them anyway if your business plan depends on their revenue stream. As full practice authority spreads across the country, commercial-payer provider status will remain a significant barrier to scope-of-practice parity unless more NPs take insurers to task. We are nurses. We know the reward of hard work is the work itself. Insist on being paid fairly and well for doing it anyway. Roll up your sleeves, put your dream on paper, hire an attorney, and get to work; innovation depends on it.

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