New Study Finds Expanding Scope of Nurse Practitioners Would Save State $1.8 Billion [CA]
"The white paper – Full Practice Authority for Nurse Practitioners Increases Access and Controls Cost – finds that allowing nurse practitioners (NP) to practice to the full extent of their education and training could save the state $1.8 billion on preventative care visits alone over 10 years while increasing the number of preventative care visits by 2 million per year.
'Access to primary care is critical for properly managing and preventing chronic conditions,' said Sean Randolph, President and CEO of the Bay Area Council Economic Institute. 'The prevalence and mismanagement of chronic conditions is one of the biggest drivers of healthcare cost increases. Allowing nurse practitioners to deliver primary care services with full practice authority is an important reform that will benefit consumers, businesses, and healthcare purchasers across the board.'
'Our analysis makes a strong argument for allowing nurse practitioners to provide the healthcare services they were trained and licensed for,' said Micah Weinberg, PhD, Senior Fellow with the Bay Area Council Economic Institute and lead author of the analysis. 'While no single policy change will be a panacea for the critical cost and access issues facing California, this reform could be an important first step to bring down some of the barriers that are keeping healthcare costs artificially high.'"