The Elite Nurse Practitioner is accredited as a provider of nursing continuing professional development by the American Nurses Credentialing Centers Commission on Accreditation. Is this a bad time to ask for wRVU increase? That number is rising though. If nurse practitioners working in a family practice can successfully treat 80 percent of the patients coming into the practice, referring the 20 percent that represent higher acuity cases to a. But a mid-level provider could argue that an incentive bonus based on gross charges is fairer than one based on collections. Current CPR / ACLS certification required. You see 10 patients a shift and only make $350? American Association of Nurse Practitioners about the American Association of Nurse Practitioners. Cite this: How Much Productivity Bonus Should I Ask For? For our example, well assume that the owner takes 60% and the midlevel takes 40%. Medicare, the leader in determining payment for medical services, assigns each diagnosis and procedure a CPT (Current Procedural Terminology) code. US nurse practitioners push for more responsibilities. National Society of Certified Healthcare Business Consultants, Profit Margin = 1 Operating Expense Ratio, Total Direct Costs = Collections x Profit Margin, Collections = Total Direct Costs / Profit Margin. Any advice or information would be greatly appreciated. Salaries also vary depending on whether nurse practitioners hold master's degrees or doctorates. I have never seen two contracts with the same language regarding productivity-based bonuses, and I have reviewed at least 300 nurse practitioner and physician contracts during the past 20 years. If a bonus is based on collections, the employer should maintain a collections rate of at least 90%. So there are plus and minuses. Under the current Stark Law regulations addressing productivity bonuses and profit-sharing plans, a group practice may pay a physician a share of "overall profits" from DHS if the physician's. Some bonus incentive plans include a clause that specifies a base-level expected collection rate, say 95%, and includes provisions so that the bonus calculation isnt adversely affected by a lower rate.

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