Nursing Research Today is a free monthly online journal that collates and summarizes the latest research about Nursing, including details on health care, hospital staff, professional care.

Revisiting nurse turnover costs: adjusting for inflation.

Jones CB

School of Nursing and Investigator, Southeast Regional Health Workforce Center, Cecil G Sheps Center, The University of North Carolina at Chapel Hill, Chapel Hill, NC 27599-7460, USA. cabjones@unc.edu

Organizational knowledge of nurse turnover costs is important, but gathering these data frequently may not always be feasible in today's fast-paced and complex healthcare environment. The author presents a method to inflation adjust baseline nurse turnover costs using the Consumer Price Index. This approach allows nurse executives to gain current knowledge of organizational nurse turnover costs when primary data collection is not practical and to determine costs and potential savings if nurse retention investments are made.

Published 24 December 2007 in J Nurs Adm, 38(1): 11-8.
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