{"id":6483,"date":"2025-09-15T09:15:19","date_gmt":"2025-09-15T16:15:19","guid":{"rendered":"https:\/\/www.nnpbc.com\/np-content\/?page_id=6483"},"modified":"2025-09-15T12:15:48","modified_gmt":"2025-09-15T19:15:48","slug":"business-considerations","status":"publish","type":"page","link":"https:\/\/www.nnpbc.com\/np-content\/index.php\/business-considerations\/","title":{"rendered":"Business Considerations"},"content":{"rendered":"\t\t
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Due to the changing primary care ecosystem, <\/span>increasingly<\/span> Nurse Practitioners (NPs) choose to work in independent practice (as independent contractors). NPs<\/span> in independent practice are self-employed and may <\/span>work <\/span>as an individual, in partnership with other self-employed healthcare professionals, or as an employer of other healthcare providers. It<\/span> is the independent practice <\/span>NP<\/span>\u2019s responsibility to address any professional, business, liability, and risk management issues that may arise from their practice.<\/span><\/span><\/p>

As you get started, there are two key resources to reference for the latest information on self-employed practice for NPs:<\/span><\/span>\u00a0<\/span><\/p>

  1. BC College for Nurses and Midwives Self-Employed Practice<\/strong><\/span><\/span><\/a> outlines what self-employed nurse is and what to consider if you are thinking about self-employed nursing practice. Check the page for the latest information on Self-Employed Practice.<\/span><\/span>\u00a0<\/span><\/li>
  2. CNPS Nurses in Independent Practice: An Overview<\/span><\/span><\/a><\/strong>\u00a0 <\/span><\/span>outlines key considerations for nurses in independent practice including understanding your legal accountability in determining services you provide, determining business structure, responsibi<\/span>li<\/span>ties in establishing <\/span>process for <\/span>informed consent and as the health information custodian and considerations <\/span>when <\/span>setting up contracts, professional liability protection and business insurance.<\/span><\/span>\u00a0<\/span><\/li><\/ol>
    \u00a0<\/div>

    The following sections are focused more on <\/span>helping those <\/span>who plan <\/span>open a practice and <\/span>act as employers, either in partnership with others or as a sole clinic owner.<\/span><\/span>\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    A<\/span>. <\/span><\/span>Business and Strategic Planning<\/span><\/span>\u00a0<\/span><\/span><\/span>\u00a0<\/span><\/a><\/strong><\/p>

    B. <\/span>Registration <\/span>R<\/span>equirements and <\/span>C<\/span>orporate <\/span>S<\/span>tructure<\/span><\/a><\/span>\u00a0<\/span><\/strong><\/p>

    C. F<\/a><\/span><\/span>inancial <\/span>Forecasting and Planning<\/span><\/span>\u00a0<\/span><\/a><\/strong><\/p>

    D. Clinical<\/a><\/span> and Medical Oversight<\/span><\/a><\/span>\u00a0<\/span><\/strong><\/p>

    E. <\/span>Contracts and <\/span>Agreements<\/span><\/a><\/span>\u00a0<\/span><\/strong><\/p>

    F. Other Considerations Prior to Clinic Opening<\/a><\/span><\/span>\u00a0<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Due to the changing primary care ecosystem, increasingly Nurse Practitioners (NPs) choose to work in independent practice (as independent contractors). NPs in independent practice are self-employed and may work as […]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-6483","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages\/6483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/comments?post=6483"}],"version-history":[{"count":23,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages\/6483\/revisions"}],"predecessor-version":[{"id":6640,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages\/6483\/revisions\/6640"}],"wp:attachment":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/media?parent=6483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}