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N P O w ned Practice...

NURSE
PRACTITIONER
O W N E D P R I VAT E
PRACTICES IN NYS

The experienced N P no longer requires a


collaborating physician agreem ent in order
to establish an independent practice,
according to the M odernization Act.
A licensed nurse practitioner can establish
and operate their ow n independent
practice.
This includes: a practice as part of
a corporation,a lim ited
liability com pany, a
partnership,or sole
ow nership.

Things to Consider...
m arketing
location
staf f
ng
i
equipm ent
suppliers
insurance
billing

Barberio, J. A. (2010). Establishing an


independent nurse practitioner
practice. Retrieved from http://
nurse-practitioners-and-physician-a
ssistants.advancew eb.com /features/a
rticles/establishing-an-independent
-nurse-practitioner-practice.aspx
Sm ithing, R. T. (2001). D eveloping your ow n
N P practice: are you crazy or w hat?.
Retrieved from :
http://w w w .npcentral.net/talks/dev.
ow n.np.practice.shtm l
The N urse Practitioner Association N ew York
State. (2015). N P M odernization
Act. Retrieved from
https://w w w .thenpa.org/default.a
sp?page= N PM A
The N urse Practitioner Association N ew York
State. (2014). Practice Resource
G uide. Retrieved from
https://c.ym cdn.com /sites/w w w .then
pa.org/resource/resm gr/Practice_So
lutions_G uide/N PA_Practice_Resourc
e_G uide_.pdf

S U N Y P O LY T E C H N I C
INSTITUTE
Michelle Bridge, FNP-S
Amanda DiPierro, FNP-S

licenses

Tanjia Hynes, FNP-S


Tammy Rascic, FNP-S

A D VA N TA G E S & B A R R I E R S

O pportunity to w ork w ith people you


respect and w ho share the sam e philosophy
of healthcare

As of January 1st 2015, there is a


new law that rem oves the
requirem ent of a w ritten practice
agreem ent betw een an
experienced nurse practitioner as
a condition of practice.
An experienced N P is defi
n ed as
having 3600 hrs of practice in
their specialty.
The experienced N P shallm aintain
collaborative physician
relationships.
N o form alcontracts.
N o chart review s.
N P consult physicians on a
as needed basis

Enhances problem -solving skills and self


esteem and provides the opportunity to
constructively dealw ith change, resolve
confl
icts and im plem ent strategies to create
a profi
table practice healthcare regim en.

Provides opportunity to specialize and


m axim ize the care

D irect reim bursem ent from third-party


payers
Statutory lim itation to N P scope of practice
M odernization Act

Inconsistent and restrictive prescriptive


authority and denialof hospitalprivileges.

Allow s tim e to provide the educationalbase


necessary enabling the client to becom e a
true partner in their healthcare regim en.

Allow s N Ps the ability to focus their energy


on an area of interest such as w om ens
health or alternative therapy.
Flexible w orkload allow s tim e to focus on
client needs and deliver m uch-needed
education and preventive healthcare.

Com m on problem s applicable to m ost new


start-up business

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