The cost of nurse turnover in 24 numbers

April 11, 2023

Nurse recruitment and retention is top of mind for every hospital and health system executive given that the shortage of registered nurses is only expected to intensify.  

The 2023 NSI National Health Care Retention & RN Staffing Report features input from 273 hospitals in 35 states on registered nurse turnover, retention, vacancy rates, recruitment metrics and staffing strategies.

It found the average cost of turnover for one staff RN increased 13.5 percent from 2021 to 2022, to $52,350, among other dollar figures and statistics that are helpful to understand the financial implications of one of healthcare's most challenging labor disruptions.

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