COVID-19 is expected to have a negative effect on physician and nurse compensation.
Medscape surveyed 10,424 nurses on an array of issues in its "Nurse Career Satisfaction Report 2020."
Nurses believe COVID-19 will have the following effects on annual income:
COVID-19 increased income in 2020:
Registered nurse: 17 percent
Licensed practical nurse: 22 percent
Nurse practitioner: 11 percent
Clinical nurse specialist: 8 percent
Certified registered nurse anesthetist: 6 percent
Nurse midwives: 8 percent
COVID-19 had no effect on income in 2020:
Registered nurse: 51 percent
Licensed practical nurse: 49 percent
Nurse practitioner: 49 percent
Clinical nurse specialist: 58 percent
Certified registered nurse anesthetist: 35 percent
Nurse midwives: 59 percent
COVID-19 decreased income in 2020:
Registered nurse: 33 percent
Licensed practical nurse: 29 percent
Nurse practitioner: 41 percent
Clinical nurse specialist: 34 percent
Certified registered nurse anesthetist: 59 percent
Nurse midwives: 33 percent