The Real Cost of Nurse Turnover

See what RN turnover really costs hospitals, from replacement expenses to travel nurse premiums, plus how to calculate your own savings potential.

[Sponsored] RN turnover isn't just a workforce headache, it's a bottom-line problem. Every nurse who leaves costs an average of $60K to replace, and filling that vacancy with a travel nurse adds another $66K a year on top of it.  

The costs don't stop there. Burnout climbs as the remaining team picks up the slack, institutional knowledge walks out the door, and newer nurses get pulled into complex cases before they're ready, all of which can chip away at care quality and patient satisfaction.  

The pressure isn't easing up. An estimated 600,000 nurses are expected to leave the workforce by 2030, and 23% of today's RNs are nearing retirement age. Hospitals need a clear picture of what turnover is costing them now, and a plan for what's coming.  

This guide shows how to calculate your own hospital's turnover expenditure by specialty, model the savings from even a one-point drop in turnover and explore what it takes to attract and retain the next generation of nurses.