Nurse Turnover In Nursing

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Nurse turnover among new graduate nurses is a recurring problem for healthcare organizations. The turnover among new nurses is often higher than that among senior nurses
(Beecroft, Dorey, & Wenten, 2008). Nurse turnover in the first year of practice ranges between
35% and 60% (Halfer, Graf, & Sullivan, 2008). Nurse retention, particularly retention of new nurses, should closely focus on preventing nurse turnover and developing effective retention strategies. Concerns regarding registered nurse (RN) turnover are heightened during times of nurse shortages. These concerns originate from both economic and non-economic sources
(Jones, 2007). Regarding the economic sources, there are concerns about the costs of turnover including the loss of nursing …show more content…

As a whole, high nurse turnover and vacancy rates negatively affect health care access, patient care quality, and nurse job satisfaction (Jones, 2007). There are significant costs and consequences of nursing turnover to healthcare organizations. The profit margin of numerous healthcare organizations are remarkably affected by high nurse turnover. The cost associated with filling a nursing vacancy includes posting the position, filling the vacancy with nurses working overtime or nurses from staffing agencies, interviewing potential candidates, and orientating new employees. For these reasons, retention of nurses is essential for high quality patient care and outcomes in today’s health care industry; moreover, a high retention rate decreases costs for health care organizations.
According to the 2016 National Healthcare and RN Retention Report, in 2015, the national turnover rate for bedside RNs increased from 16.4% to 17.2%, while RN vacancies continue to trend negatively with a third (32.9%) of the hospitals reporting a vacancy rate of …show more content…

Like many hospitals the University of Miami Hospital (UMH) has faced the problem of retaining nurses especially new graduate nurses. According to the University of Miami
Hospital’s Human Resources Retention 2010-2016 Data about 50% of new graduate nurses within each annual residency (fall and spring residencies), resigned before the end of their two year employment contract Based on exit interview recorded responses, many of the new graduate nurses resigned due to lack of support, unfair patient load, lack of an effective electronic medical record system, and bullying from experienced nurses. With an average of 21.0% turnover rate over the past ten years among new nurses, the University of Miami Hospital’s bottom line has been significantly impacted. The University of Miami Hospital reported a high vacancy rate of
25.14% the first quarter (January 2017-March 2017 which can negatively affect patient care, nursing workload, productivity, and revenue. When healthcare organizations were sorted by for-profit versus non-profit ownership, RN vacancy rate at for-profit-acute care hospitals experienced the highest vacancy rate and exceeded the national average with a vacancy rate

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