The Crisis Hiding in Plain Sight
CEO BRIEF
The Hidden Cost of RN Turnover
Your workforce, patient safety, and financial outcomes are more connected than you think.
RN turnover isn’t just a workforce challenge. It’s a business challenge.
The average hospital loses $4.75 million annually to RN turnover, while each bedside RN departure costs more than $61,000 to replace. At the same time, hospitals are navigating growing labor costs, narrow operating margins, and continued pressure to improve patient safety.
These challenges are often addressed separately. But the data points to a deeper connection between workforce stability, clinical readiness, patient outcomes, and financial performance.
The Crisis Hiding in Plain Sight brings those connections together and explores how a more strategic approach to workforce development and simulation can help healthcare organizations protect their people, patients, and margins.
What’s Inside:
The financial impact of RN turnover and prolonged vacancies
How workforce instability can contribute to patient safety and financial risk
Evidence connecting simulation-based training to measurable clinical and workforce outcomes
The potential financial impact of improving RN retention
A strategic approach to strengthening workforce readiness, clinical performance, and organizational resilience
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