The Culture Cost: Reducing Employee Turnover by Improving Hospital Culture
With the demand for physicians outpacing the supply, retaining and attracting doctors must be a priority for hospital administrators. Losing physicians is simply too costly. Similar principles apply when it comes to attracting and retaining nursing staff. Turnover among registered nurses can have a significant impact on the hospital’s bottom line, and ultimately, on the quality of care as perceived by patients. By implementing strategies that create a healthy, happy work environment, hospitals can reduce turnover costs and maximize excellence in patient care.