The cost of nurse turnover in 24 numbers
What This Article Covers
The average hospital loses $3.9 to $5.8 million per year to nurse turnover. A single NP turnover episode costs $85,000 to $115,000. The average time to recruit an experienced RN: 83 days.
PersonaScore's Take
In healthcare, a bad hire doesn't just cost money — it costs patient access and care quality. When an NP turnover sets a practice back $100K+ and months of lost appointments, investing in hiring right the first time isn't optional.
Why This Matters
The economics of hiring are brutal when you get it wrong. A single bad hire can cost $17,000 to $240,000 depending on the role, and nearly 9 out of 10 hiring failures come down to behavioral fit rather than technical skills. The ROI calculation for structured assessments is straightforward: even preventing one bad hire per year pays for the investment many times over.