According to Select International, the cost of turnover is 1.5 the base salary for exempt employees and about a $300,000 loss per year for each percentage increase in annual nurse turnover.
Get a handle on turnover costs and download this tip sheet that discusses 3 ways your organization can reduce them.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
