The Psych NP: How much I make at my Private Practice 

I commend you in sharing your net salary with us. Not too many nurse influencers do this on RU-vid. Your openness and vulnerability is helping many of future PMHNPs.

I love the flexibility in nursing. Working three days per week is ideal!! That's about all I have in me at this point.

Thanks for being so transparent. My longterm goal is to be a psych np & work in private practice as well. I also don’t want to work everyday lol. I’m glad to see that it’s doable & especially from someone else in the field! Happy for your success & can’t wait to see what else is next for you!

Thank you for your transparency. I will graduate as a PMHNP next month and will eventually open my own practice in the future. Your videos are a great motivator for me. I'm considering opening my practice in Oregon where state law requires private/commercial insurance companies to pay NPs at 100% the physician reimbursement rate. Are you providing telemedicine services during the COVID-19 pandemic?

Thank you so much for being so transparent it’s so helpful

Thanks so much for always being open regarding your journey. I am a WHNP adding my PMHNP. I will graduate this summer. Clinical hours are so difficult for all of us currently. You definitely offer inspiration!

Working on starting a PP in VA right now - your videos have been so inspiring and informative - thanks so much for that! Congratulations on your success!!!

I applied for a PMHNP program and this video was so helpful! Thanks for being transparent and optimistic!

To be honest, Ive always wanted to be a psychiatrist when I was a young kid. I never wanted to go to medical school because I felt that I did not care for the majority of the rotations and it was going to be such a time commitment to gaining foundations in so many areas that I never want to work in. I work in the ER as a technician and have worked in as a tech on the inpatient side for several years. Ive worked in several hospitals some good and some bad and I love the emergency room. I finish my accelerated BSN program in a year and I feel that I am slowly seeing ER as a short term gig and I feel that my psych nursing classes are reinstilling my passion for mental health and psychological disorders, and I am connecting with post graduate programs to go into PMHNP related degrees. I lost my mind when you said you work 3 days a week. I really care about work life balance, and this video kind of reminded me that its possible to do what I love and not be a "slave" to my work.

I’m applying to psych NP school now. My goal is to open up my own practice like you someday. Thanks for sharing❤

Hi Psych NP! Thanks for being transparent about the salary. I’m a full time adult-gerontology NP and currently in school for my Post-Masters Certificate in Psych. Should be done in August. I have never considered opening my own private practice due to liability but this is pretty eye opening! I’m seeing over 50 patients a week in primary care working only 4 days a week. Benefits are important because I have young kids but I love that there’s more flexibility with your own practice. Thank you for the video :)

Thanks SO much for the information! Your videos reduce my anxiety greatly as I progress through NP school!

Hey! Great video! My dad recently opened his own private practice as a PMHNP, and I’m really trying to help him find patients so he can get his business going. I’m going into college so I can take on a lot of the social media stuff that’s he’s unfamiliar with but I was just curious to see how you were able to find new patients. Thank you!

Amazing! Hard work paying off. 👊

That's just how i want to live my life, work less and enjoy the things you like. Thanks for sharing.

You’re awesome. Thanks for shading some light into this. ❤❤❤

Thank you for being honest and transparent with us. Currently looking to start NP school next year with future hopes of starting my own Womens Health Clinic.

This was awesome. Future Hopkins alumna - PMHNP. Thank you for sharing this 🙌🏾👍🏾

Thanks for this! I’m in city college looking for a flexible career with solid work life balance that combines my interests in psychology and medicine that isn’t a PhD route. 😁

Thank you for creating this content! I’m a pmhnp student and it’s very helpful to hear about your experiences. Having a good work-life balance and not getting burned out is really important to me so it makes me feel hopeful to hear that you’ve achieved this. Are you dealing with insurance companies or doing private pay?

You are such an inspiration and please keep up the good work.

WOW, I'm 16 and currently in senior high school. I am passionate to become a psychiatric nurse practitioner. I am sooo interested in mental health. Sometimes, I think whether I made the right choice since I am dealing with a lot of negativity. Better work at private for me to have a flexible schedule. I really want to be a PHMNP.

Thanks for the transparency

Holy sh-t. Not gonna lie, I work in CA and am used to feeling underwhelmed by salary/income quotes from folks working in other states; perhaps even a bit apprehensive about going from RN to NP at all but hot damn son! That's a sizeable chunk of change.

Awesome...am having such a time finding preceptors and this was great motivation!

Keep at it doing great work. Very jealous of your work life balance.

God bless you! Thank you for sharing! Love your channel!

wow thanks for your honesty

Would love to see a video of how to open your own practice as a psych NP with detail. This would be helpful! Please let me know if you already created that video. Thank you!

You are an inspiration

Thank you for being you and sharing this with us! I hope to be like you someday owning my own private practice as I am just new grad BSN. Keep making videos :) you thee best

Thank you bro... such an inspiration

Thank you for this video!

I had an important question btw, how do you take vacation as a private practice? Does someone fill in for you? Telehealth while abroad?

Thanks for sharing…this was really useful

Great video! What was your decision process in determining to do brick and mortar vs fully telehealth?

That is Awesome! Congratulations🎉. A couple questions... Are your patients private pay or insured? How much do you charge per IPE and FU?

thank you so much for your video.

That’s great. I think all healthcare providers (nurses, therapists, physicians, NPs, PAs etc) should all make more for all the hard work we do. Obviously we don’t do it for the money but it is nice to know that our hard training eventually leads to a good stable career. My brother is a psychiatrist doing out pt private practice and he makes ~230k a year working 4.5 days per week. If you were to hire a PMHNP would you have enough patients for both of you? Since you made about 130k at your first job would you be able to pay a new PMHNP close to that? All the best

Hey there, I'm based out of Alexandria VA. I'm about to finish my PMHNP program at JHU. I am currently an FNP. Wondering about if can contact you personally via email? If I can consult with you and ask you some more questions and details about what you did to get where you are now? It was your videos that first inspired me and made me realize that starting a private practice is feasible? Thank you!

Thank you for sharing this

Do you accept insurance? Or is this income based on a fee for service model?

Thanks for the info.

Hi there! Thank you for your words of wisdom. You are a great source of information! I am hoping to take boards in June and potentially open my own practice in Utah. Could you give me an idea of the difference in reimbursement from when you initially started until now? It's so scary thinking about doing this all on my own when I have worked as an hourly nurse for over 16 years. Why did you continue to do outpatient when you first started rather than just go out on your own? Thank you for any help you can offer! P.S. What was the name of the resort in Cancun? It looks beautiful!

this is amazing thank you.

Thank you for sharing with us. Would you mind to share what roughly the type of insurances your clients use? Thanks..

thank you so much!

Great video, Grateful for the information as I am just initiating my PMHNP program now. Wondering if recommend any apps that were helpful during your education or currently in your practice. Thanks I’m advance for your input.

Congrats!!!!

Great inspiration. Thanks for sharing. What EHR do you use and which would you recommend for a new pp?

Awesome! Who did your credentialing for you when you started out? I seen a comment that it was about $400 for 5 insurance companies. Thanks in advance!

Amazing! I am in DNP psych student and this is really helpful.

Thank you for creating this content. In your state do you need to have a collaborative Physician?

im wayyyy far from this goal lol im applying to nursing school now but i would like to know if you can make a video on how you were able to get patients when first starting out that would be the main thing im worried about when it comes to opening a new business

Hello, I just came across your RU-vid channel. I will be starting a Master’s of Nursing program this Fall to become a nurse practitioner and I am considering becoming a psychiatric nurse practitioner. I am curious how much you charge for each appointment and how long each appointment is?

Very inspired by what you have done. Question, do you work with a physician for your practice or do you not need one in your state? Thanks!

Im wondering how heavy is the focus of therapy with being a psych NP? really wanting to pursue my masters in mental health after being an RN for almost 20 yrs.

The states i live in does not have np private practice,,where do you practice?

Are you cash pay only? What insurance do you take? Can you make a video on getting credentialed to take insurance. Do you have to have a collaborative physician in Maryland?

Great video!! But how did you get your clients? Can you make a video on getting clients? Or at least reply to me.

PERFECT

Do you accept insurance or just private pay? Very impressive.

Is your 250k your gross before taxes or is that your take-home? Just curious, either way it's a ton of money!

Hello, I know this is an older video, so this may not get answered. I was curious how many pt's on average that you are seeing on a daily/weekly/monthly basis? Thank you

Hi there, Any interview tips for psych DNP interview? Please

Hello! I am wondering if you go through insurance or private pay.

Do you contract an agency to manage insurance and financial management?

You are great man, I am currently a high school senior and I have a real interest for psychology and my family has a long line of nurses. Being a nurse practitioner is perfect for me and your videos are really inspiring me. Thank you so much😁

Thanks for your video! Just a clarification: did you make 300k in your first year? Or is that a projection based on how the last couple of months went?

I love your videos. I’m a PMHNP student and I would love to start my own practice someday. What do you do about no-shows? Do you bill them?

I was wondering if you are doing cash only or do you take insurance? I am trying to get licensed in AZ, Oregon and Hawaii. I have been practicing for 18 months now and I loooove what we do. I am ready to start but I live in the east coast so I will be doing telepsychiatry. I am not sure if i should do cash only or insurance but I think accepting insurance will open more doors for me

Are u doing medication management or therapy also?

Impressive! I am psychiatric nurse and wanna be psych NP. But, I have an accent. Have you seen a student having accent with your program of DNP? I still have self-doubt, what if my patient doesn't like me like that.. Can you give me any advice? Thanks!

awesome !!!!!!!!!!1

Video update please 😅

Do you take insurance or just cash?

I am just wondering whuch state do you work at?

lets talk about EHR and rx. What are you using? Considering Simple practice

Hey, is it 250k in total revenue or just your salary? Also is it hard to open a private practice as a psych np; I’ve heard that it’s quite hard and uncommon for a np to open one

how much do you charge your clients?

May I ask which city you live/work in?

Do you still need to have a doctor associated with you when you have your own practice or are you on under your own license no attending doctor needed

Is this cash only option or through insurance?

Hi! Do you still only take cash pay or do you accept insurance now? I know in your previous video it was cash only.

Thank you for the transparency! Question: do you do a combination of therapy and med management or just med management? Ideally I want to do both and I'm sure that may lead to a decrease in income depending on state laws and how I would be compensated by insurance.

I am in the Northeast and still have a couple semesters left of school but have a connection with a PCP office that will funnel me patients when I finish. My question I have is how do you do your notes / billing to maximize your reimbursements? Where did you get your tips/tricks etc that you need to make $$. Btw TY for all you do!

Are these number similar for psychiatrist ....or is it more because they can bill for more??

Sheesh.

Thank God I finally passed my NP test on my 3rd attempt with the help of Mr DAVID, I used his preparation tips. just 3 days of working with him and I passed. I was referred to him by a friend before my exams. Please friends I recommend you to mr DAVID. The man has the key to getting your exam.

250000 is fairly well? lol stop being humble that's amazing

This was such a waste of time. I was hoping you’d give some helpful insight into how you started your practice, billing procedures, etc. you could have just said $250k, better yet just posted on Reddit and skipped the video.

Thank you

PMHNP student here! Thank you for the great content and being open to talk about things that we don't hear about much in school!

Can a PMHNP open multiple practices in different states?

Thank you for your transparency and all of your post. They are really helpful for us starting out

Thank you for being very transparent. I am a new grad Psych NP and I will being starting my first job this month. I want to get a year experience and start my own practice as well. I want to start slow. Following your journey as a Psych NP is giving me inspiration.

As A PMHNP student with a year to graduate, this video gave me soooo much motivation!!! Thank you so much for this!!!

Thank you for the transparency! I've been following you since you were still a student, and it's been an amazing experience watching you evolve in your career. Currently applying to nursing programs and hope to follow in your footsteps someday too!

Look at you. Made it through school and now have your own practice!❤️

I have a question- I was starting to get my private practice up and running, and then I was hit by a moderate case of covid. This left me debilitated and unable to tend to my own needs, let alone someone else’s. Do you work with another provider to cover each other under difficult circumstances? It’s great to count on good health, but in these times- we may not always have it. If anyone else sees this question and would like to chime in, I’d appreciate it. Thanks for sharing your content.