The subject of nurse retention and turnover came up during a recent conversation I was having with the HR director of a regional hospital system here in Florida. We were discussing the Florida Center for Nursing report that identified the median turnover rate for RNs
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The director added, "I hate to think what’s about to happen once hospitals begin hiring again. The nursing shortage didn’t go away simply because the economy faded."

Curious, I asked him to confirm if the American Hospital Association estimate that it costs an average of $64,000 to replace a single RN was realistic at his institution.

"Easily, and that doesn’t account for the increased stress an open position places on the remainder of the staff."

A little short math reveals that a hospital with 200 nurses experiencing a 20% annual turnover rate is very likely expending $2.5
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A quick search of the
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The nursing profession exemplifies positive intention, a spirit of service, and compassionate behavior. The daily interaction of nurses with their patients has a distinct impact on patient satisfaction, especially the emotional needs of patients and their families. Yet constantly evolving technologies, severe economic constraints, and the chronic nursing shortage combine to challenge
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The fact is, healthcare is entering a phase of unprecedented change, experiencing pressures from many sides simultaneously. Like so many industries today, healthcare must adapt to a rapidly shifting economics, demographics, and expectations. Investments in technology will undoubtably help contain costs and improve efficiencies, but technology can only go so far. Of all industries and endeavors, healthcare is simply the most human. Investing in
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