How Healthcare Providers Can Reduce Turnover
How Healthcare Providers Can Reduce Turnover
16 PagesIt's no secret that TURNOVER is a major issue facing the HEALTHCARE INDUSTRY 86% of healthcare facilities list retention as a key initiative. Turnover is Expensive The cost of turnover for one nurse can be up to $60,000, costing an average hospital $7.86million per year The Hidden Costs of Turnover • Reduced Quality of Care for Patients • Recruiting Costs • Lower Morale • Loss in Productivity
