HMI Corporation | Meanwhile, the average cost of a turnover for a bedside RN is $52,100, causing the average hospital to lose $4.4 million to $6.9 million. Some healthcare organizations spend 5% of their annual operating budget on employee turnover and related expenses.By emphasizing employee retention and minimizing patient turnover, healthcare organizations can save millions of dollars per year.Today, we’re explaining why employees leave – and how today’s top healthcare organizations are attracting and retaining top talent. |