What is the standard percentage of reimbursement for Nurse Practitioners (NPs)?

The standard percentage of reimbursement for Nurse Practitioners (NPs) is typically set at 85% of the physician fee schedule under Medicare. This reimbursement level acknowledges the critical services that NPs provide, allowing for some financial parity with physicians while recognizing that NPs play an essential role in healthcare delivery, particularly in primary care settings.

Understanding this reimbursement structure is crucial for NPs to recognize their value within the healthcare system and to effectively advocate for their services in various clinical settings. This figure is also instrumental in helping NPs understand how they will be compensated for their work and in planning their practice management and financial viability.