NYC Health + Hospitals saves $88M in nurse turnover costs

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NYC Health + Hospitals said Aug. 21 it has saved more than $88 million in nurse turnover costs so far in 2025 after reducing its nurse turnover rate to well below the national average.

The New York City-based system’s nursing workforce includes about 9,600 employees. Through several initiatives, the organization has reduced its nursing turnover rate from 46% in 2019 to 7.3% in 2025. The national average is 16.4%, according to the health system. 

In 2024, the 11-hospital system replaced temporary nurses and hired 3,417 permanent nurses, saving more than $150 million in recruitment costs. 

“Key strategies to develop the health system’s nurse workforce include the nurse residency program, professional shared governance, nursing clinical ladder program, nursing recognition events, collaborative recruitment efforts and hiring fairs, systemwide communications strategies, and specialized nursing fellowships and training programs to onboard new nurses and provide nurses with enhanced professional development opportunities,” according to the system. 

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