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I've been asked to be the supervising psychiatrist for an NP I used to supervise at my clinic who is now considering opening a private practice clinic. They are in the exploratory phase of making a business plan and so haven't given any compensation or role details yet. I said I would be interested to learn more about the opportunity as it develops. My initial thought is to decline unless I receive an ownership stake and significant compensation, though I'm not sure how much I would need to make supervision and associated liability worthwhile. I'm not really interested in running a private practice clinic day to day at this time. My state doesn’t have independent practice authority for midlevels.
Does anyone have any experience with this, or opinions?
Does anyone have any experience with this, or opinions?