Here’s What’s Been Happening In Healthcare Leadership, glasses sitting on paperwork

July 2019- Here’s What’s Been Happening In Healthcare Leadership

For healthcare leaders on the go, take a look back at what’s been happening in interim leadership this month:

As Hospitals Rely On New Grads To Address Staffing Shortages, Recent Study Reveals Approximately 57% Of New Nurses Will Leave Their Organization Within The First Two Years

  • 50% of hospitals report having between 10 and 74 nurse job openings to fill
  • 7% increase in the overall use of travel nurses in 2019
  • 13% of the hospitals surveyed reported using more than 25 travel nurses this year to fill openings

Vizient Award Winning Service Line Led By Novia Interim For Cost Reduction

  • Case volume grew by 4.6% compared to year prior
  • Service Line net operating revenue grew 10% over 1-year period
  • Service Line received Vizient award for “Most Improved Service Line”

The Cost of Burnout

  • Professional burnout is now classified as a medical condition according to the World Health Organization
  • On average, hospitals lose $22,000 for every disengaged nurse
  • The cost of nurse turnover ranges from $38,000 to $61,100

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