When I graduated from my nurse practitioner program I had never heard of NP residency. I wasn’t aware of any continued learning opportunities for nurse practitioners aside from pursuing a more advanced degree. After years of schooling, the last thing I was in the mood for after graduating from my NP program was a PhD. Fortunately for nurse practitioners graduating today, a new residency concept is gaining popularity.
Last week I discussed the difficult transition from the NP program to practice. The real world of medicine can be tough. No matter your IQ or the number of hours you spend at the library, you simply cannot retain the vast level of medical knowledge necessary to work as a nurse practitioner in just a two or three year program. Like everything in life, becoming a competent nurse practitioner takes practice.
Nurse practitioner residencies were first introduced by NP Margaret Flinter in 2005. Ms. Flinter wisely sums up the challenges of new NP’s. She says “During this critical first year of practice, the new nurse practitioner’s development is largely tied to the skills and scope of a colleague whose primary responsibility is not mentorship, but his/her own practice, and who may or may not have the skill, patience, interest and/or time to devote to intensive training and mentoring.” This statement describes the frustration of most first year NP’s precisely.
Currently, there are a few nurse practitioner residency programs in the U.S., most geared toward Family Nurse Practitioner graduates. A few NP residency programs are available to facilitate transition into specialty practice. The Mayo Clinic in Arizona, for example, offers a program training NP’s from any specialty to practice in cardiology. Johns Hopkins University in Maryland offers an engaging gastroenterolgy and hepatology residency for nurse practitioners seeking proficiency in this field. Tufts University offers new nurse practitioners a residency in dermatology. Regions Hospital in Minnesota trains nurse practitioners in pediatric psychiatry while Memorial Sloan-Kettering Cancer Center in New York offers pain and palliative care specialization to nurse practitioners of all backgrounds.
In 2016, here at ThriveAP, we also launched our own residency-like program for NPs and PAs. This program, titled ThriveAP, matches providers with facilities treating medically underserved populations across the country. You can learn more about ThriveAP+ here.
Keep in mind, some of these kinds of programs are referred to as nurse practitioner fellowships. Search both terms, residency and fellowship, when looking for post-graduate learning opportunities.
How Will a Nurse Practitioner Residency Advance My Career?
Completing a nurse practitioner residency will give you a one-up on other candidates when applying for your first job. It will allow you to highlight an additional year of intensive, hands-on education, invaluable in the eyes of an employer.
On a personal level, a nurse practitioner residency facilitates a smooth transition from your education to practice. It allows you to avoid the pitfalls most NP’s experience their first year of practice. Forget the constant stress and anxiety of on the job learning, you will be prepared to treat patients in the work setting.
Finally, if you plan to pursue specialized practice a residency helps you quickly work your way up professionally. Many NP’s hoping for specialty practice work in a less desirable field for a few years before landing their dream job. A nurse practitioner residency speeds your learning making you eligible for specialty practice (and likely a higher salary) much sooner.
Let’s Be Honest. It’s All About the Money. Do the Numbers Favor Completing a Residency or Suffering Through On-the-Job Learning?
You must consider the financial implications of NP residency. A nurse practitioner resident can plan to earn a stipend of about $40,000. Forgoing residency and moving straight into practice a new NP would make about double this amount. While this leaves you at a $40,000 deficit, a residency may allow you to land a higher paying job more quickly offsetting lost income. Becoming proficient in your practice also holds significant non-financial value.
If you are graduating from your nurse practitioner program this spring or summer and are concerned about your ability to enter real-world practice, look into NP residencies. With this additional year of hands-on practice experience under a capable mentor you will come away more prepared for your NP career. Your first year as a nurse practitioner will be rough. A residency program promises to facilitate the transition from education to practice saving you endless anxiety. The rest of us will just have to tough it out.
Have you completed a nurse practitioner residency? Share your experiences by commenting below!