- The average cost of replacing one RN: >$52,000.
- The average hospital cost/savings for each percentage change in RN turnover: >$263,300.
- The range for average nurse recruitment time: 62-112 days
NSI Solutions (2023) 2023 NSI National Health Care Retention & RN Staffing Report.
Results: Improved work effectiveness scores (Laschinger’s Work Effectiveness Tool II), improved vacancy, voluntary turnover rates, improved engagement scores after six months of implementation.
Benefits: A gift to busy managers: simple, fun, relevant and measurably effective.
For more information, email CH_CFW@conehealth.com or complete this contact information form.
Combining 18 concepts linked to nurse retention, the program provides a crisp, clean structure that organizes data, helps guide strategic actions and decisions while measuring key outcomes.
“It’s a different way of thinking, not what you get in traditional leader training.” - Erin Bull, BSN RN MHA CCRN, Nurse Manager ICU
“We could really see what our unique needs were for our unit and the theorists help guide our planning.” - Amanda Loye, MSN RN, NE-BC
View Success Stories
Six organizations in diverse geographic locations are participating in the “Early Adopters’ Consortium” by implementing and sharing data. Expected completion, mid 2024.
In use with interprofessional teams, inpatient and outpatient settings. Forming a keystone for organization-wide engagement strategies.
Join the organizations who are exploring and implementing this new approach.
For more information, email CH_CFW@conehealth.com or complete this contact information form.