The Costs of Nurse Turnover: Part 1: An Economic Perspective
Nurse turnover is costly for healthcare organizations. Administrators and nurse executives need a reliable estimate of nurse turnover costs and the origins of those costs if they are to develop effective measures of reducing nurse turnover and its costs. However, determining how to best capture and...
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Veröffentlicht in: | The Journal of nursing administration 2004-12, Vol.34 (12), p.562-570 |
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description | Nurse turnover is costly for healthcare organizations. Administrators and nurse executives need a reliable estimate of nurse turnover costs and the origins of those costs if they are to develop effective measures of reducing nurse turnover and its costs. However, determining how to best capture and quantify nurse turnover costs can be challenging. Part 1 of this series conceptualizes nurse turnover via human capital theory and presents an update of a previously developed method for determining the costs of nurse turnover, the Nursing Turnover Cost Calculation Method. Part 2 (January 2005) presents a recent application of the methodology in an acute care hospital. |
doi_str_mv | 10.1097/00005110-200412000-00006 |
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Administrators and nurse executives need a reliable estimate of nurse turnover costs and the origins of those costs if they are to develop effective measures of reducing nurse turnover and its costs. However, determining how to best capture and quantify nurse turnover costs can be challenging. Part 1 of this series conceptualizes nurse turnover via human capital theory and presents an update of a previously developed method for determining the costs of nurse turnover, the Nursing Turnover Cost Calculation Method. 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subjects | Accounting Business costs Costs and Cost Analysis Education, Nursing, Continuing - economics Efficiency, Organizational Employee turnover Humans Inservice Training - economics Models, Econometric Nurse Administrators Nurses Nursing Nursing Administration Research Nursing Staff - economics Nursing Staff - education Nursing Staff - supply & distribution Personnel Selection - economics Personnel Staffing and Scheduling - economics Personnel Turnover - economics Salaries and Fringe Benefits - economics |
title | The Costs of Nurse Turnover: Part 1: An Economic Perspective |
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