INFOGRAPHIC | Advanced Practice Provider Leadership Compensation Practices
As the advanced practice provider (APP) workforce continues to evolve, many health systems and medical groups are developing intentional, consistent operating models for APP utilization. Consequently, APP leader roles have emerged to help oversee day-to-day clinical operations, support workforce planning initiatives and drive overall APP strategy at the executive level.
Putting APP leaders in place can help organizations improve efficiency by centralizing and standardizing key processes such as credentialing, privileging, and onboarding. APP leaders can also help reduce turnover, enhance APP engagement and satisfaction through better workforce representation on organizational committees, and improve profitability. Recent data show that organizations with APP leaders see 2% less APP turnover than organizations without this role. With the cost of turnover estimated to be between $85,832 – $114,9191, this could have a significant financial impact.
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