Charted: The impact of nurse turnover in 2022

While RN turnover rates decreased by nearly 5% in 2022, the average hospital lost between $6.6 million and $10.5 million due to RN turnover, according to a new report from NSI Nursing Solutions.

Nurse turnover in 2022

For the report, NSI Nursing Solutions in January asked more than 3,000 hospitals nationwide to participate in the “NSI National Health Care Retention & RN Staffing Survey,” which covers healthcare turnover, retention initiatives, vacancy rates, recruitment metrics, and staffing shortages.

In total, 273 hospitals from 35 states reported data from January through December 2022. Overall, the survey covered 736,021 healthcare workers and 202,502 RNs.

While hospital turnover remains elevated overall, employee exits decreased in the later part...