In the face of a global pandemic, Psychiatric Mental Health Nurse Practitioners (PMHNPs) are in high demand. Sources suggest that the Psychiatric Nurse Practitioner job outlook will grow exponentially in 2021 and beyond.
Are psych nurse practitioners in demand?
Are psych NPs in demand? Yes! The U.S. Department of Health & Human Services reports that the country has 5,766 Health Professional Shortage Areas (HPSAs) in the area of mental health—and more than 6,500 practitioners are needed to fulfill the need.
Which nurse practitioner is most in demand?
Nurse Practitioner Specialties in High Demand
- Psychiatric/Mental Health NP – this position pays about $101,444 per year. …
- House Call NP – to earn on average $99,149, you can work in this specialty. …
- Gerontology NP – this specialty can earn you about $98,932 per year.
Is Psych NP a good career?
Psych NP Job Outlook
It projects a 45% increase in jobs from 2019 to 2029, while the estimated average growth for jobs across all sectors is 4%. Among the APRN occupations, the outlook for NPs is particularly strong, with a projected 52% jump in demand from 2019 to 2029.
How much do psych NPs make?
According to Payscale.com, Psychiatric NPs make an average of $112,210 per year, as of December 2021. Glassdoor.com reports a slightly higher average annual salary of $114,722.
Is Psych NP stressful?
These patients can be extremely ill and require a high degree of critical thinking in order to save their lives. An example of high stress that the psychiatric mental health nurse practitioner may encounter in the work environment is when they are asked to consult on patients in the emergency room.
Is the market oversaturated with nurse practitioners?
So, the AANP reports that 23,000 nurse practitioners graduated in 2016 and 27,800 graduated in 2018. … That is 4,800 more graduates than just a couple years prior. We now have a total of 270,000 NPs in the job market as of 2018.
Which NP specialty is best?
Highest Paying Nurse Practitioner Specialties
- Psychiatry and Mental Health Nurse Practitioner (PMHNP)
- Neonatal Nurse Practitioner (NNP)
- Pediatric Nurse Practitioner (PNP)
- Adult-Gerontology Nurse Practitioner (AGNP)
- Family Nurse Practitioner (FNP)
- Women’s Health Nurse Practitioner (WHNP)
Is there a shortage of nurse practitioners?
Increasing numbers of NPs leads to a shortage of RNs. … While the nurse practitioner population increased by 109% from 2010-2017—going from 91,000 to 190,00—the number of RNs and physicians has declined, according to a February 2020 Health Affairs study.
Is it hard to find a job as a nurse practitioner?
California and most of the other Western States have a shortage of primary care and mental health providers. California does not have FPA, but I can guarantee any PMHNP will have no trouble finding a job here. 30% of Californians w/mental health problems can’t find a provider.
What is the demand for psychiatric nursing?
The job outlook for psychiatric nurses shows a predicted growth rate of 26% by the year 2020, which is a faster than average rate of growth within the medical community and within careers from other industries across the country.
Is a psychiatric nurse practitioner as good as a psychiatrist?
Psychiatrists earn considerably more than psychiatric nurse practitioners. However, because psychiatric NPs are advanced practice nurses, they earn more than RNs.
Can a psychiatric nurse practitioner prescribe Adderall?
Yes, nurse practitioners can prescribe medications in all 50 states. This includes the power to prescribe antibiotics, narcotics, and other schedule II drugs such as Adderall. … Furthermore, in some states, NPs must enroll in the Prescription Drug Monitoring Program and/or Controlled Substances Reporting System.
Where do psych NPs make the most money?
Highest paying cities for Psychiatric-mental Health Nurse Practitioners in United States
- Los Angeles, CA. $187,986 per year. 45 salaries reported.
- Seattle, WA. $174,152 per year. 14 salaries reported.
- Phoenix, AZ. $172,069 per year. …
- Vancouver, WA. $157,486 per year. …
- San Diego, CA. $151,595 per year. …
- Show more nearby cities.
What is the highest paid nurse practitioner?
Certified Registered Nurse Anesthetist ($181,040)
The highest paid profession for an NP seems to be that of the Nurse Anesthetist. As of May 2019, the Bureau of Labor Statistics puts their median hourly wage at $87, making it the top paid position for a nurse with an MSN.
How long does it take to become a mental health nurse?
You must be fully committed to qualifying, with many mental health nursing degrees consisting of three to four years of intensive training. Part-time courses are available if you cannot commit to full-time study, however, these can take considerably longer to complete – five to six years in some cases.