18.4%
Average national turnover rate for staff RNs in 2023
>10%
RN vacancy rate at almost half of U.S. hospitals
$56,300
Average cost of turnover for a staff RN
Did you know?
Each percent change in RN turnover will cost/save the average hospital an additional $262,500/yr.1
Inovalon is a One-Stop Source for Your Workforce Management Needs
Inovalon’s Workforce Management Integrated Suite of Applications
Eliminates workforce data siloes
Helps combat burnout and turnover
Optimizes existing staff
Streamlines credentialing
Facilitates open shift management and self-scheduling
Maintains agency relationships and track rates
Provides full schedule transparency
Boosts quality of care
Helps manage labor costs
Empowers staff, improving satisfaction”In my 4+ years that I have been involved with the team, I have been impressed by the partnership and collaboration on ways to further enhance the software we use. I underscore the word ‘partnership’ because it is so much more than a vendor-client relationship. Inovalon wants to do more than just sell a product – they are invested in our success as well.”
— Michelle SpurlockSystem Chief Nursing Officer, Acadia
Inovalon and design® and Inovalon® are trademarks of Inovalon, Inc.
- “2024 NSI National Health Care Retention & RN Staffing Report,” Nursing Solutions, Inc., March 2024, https://www.nsinursingsolutions. com/Documents/Library/NSI_National_Health_Care_Retention_Report.pdf
