Why Choose Private Practice
Build Your Own Practice
Your Own Practice
Set your own schedule, clinical approach, and rates. Build long-term therapeutic relationships with your patient panel.
Group Practice
Join established groups with built-in referral networks.
Autonomy
Set your schedule, rates, and clinical approach.
Top Earnings
Private practice PMHNPs earn $200K-$300K+.
Group Practice
Join groups with referral networks and shared overhead.
Telehealth Hybrid
Combine in-person and virtual sessions.
Practice Income
Average private practice salary:
$0k
Before You Apply
What You Need
PMHNP-BC
Active certification through ANCC.
Full Practice Authority
State APRN licensure or collaborating physician agreement.
DEA + NPI
DEA registration and NPI number for billing.
Malpractice Insurance
Individual policy required for independent practice.
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FAQ
Private Practice PMHNP Questions
What types of private practice PMHNP roles exist?
Private practice roles include solo practice (you own and operate), group practice (join an established multi-provider office), independent contractor (1099 work for a practice), and hybrid roles combining in-person and telehealth. Each offers different levels of autonomy, risk, and earning potential.
How much do private practice PMHNPs earn?
Private practice PMHNPs earn $150K-$300K+ annually. Solo practice owners can earn even more but must cover overhead. Group practice employees typically earn $150K-$200K with benefits. Independent contractors earn $175K-$250K on 1099 arrangements.
Do I need business experience for private practice?
For group practice employee roles, no — you focus on clinical work. For starting your own practice, understanding billing, credentialing, marketing, and operations is essential. Many PMHNPs start in group practices before launching solo practices.
What's needed to start a private practice?
You need: PMHNP-BC certification, state APRN licensure with full practice authority (or collaborating physician), DEA registration, NPI number, malpractice insurance, EHR system, office space or telehealth platform, and insurance panel credentialing.
Is group practice or solo practice better?
Group practice offers built-in referrals, shared overhead, administrative support, and lower financial risk. Solo practice offers maximum autonomy, higher earning ceiling, and full control of your schedule. Most PMHNPs recommend 2-3 years in group practice before going solo.