Nurse Retention and Nurse Residency Programs

Written by LeAnn Thieman, CSP, May 27th, 2014

In some states, nearly 50% of nurses with active licenses are over 50 years old. That puts a burden on nursing schools to educate enough students to fill those upcoming vacancies. Nurse residency programs will play a major role as an experienced generation of nurses is replaced by new graduates with little experience.

Access to a nurse residency program for all new graduates, as well as those transitioning to new roles, was one recommendation in the Institute of Medicine report. Healthcare facilities need to address how to get those new graduates trained quickly.

Nurse Retention and Nurse RecruitmentWith experienced nurses moving out of the workforce, there’s going to be a huge influx of new people, so hospitals are going to have even more turnover than normal. To help all nurses, regardless of their specialty or work setting, many nursing leaders are developing an online residency program. These programs go beyond orientation, providing new graduates, no matter where they work, the strategies to develop the competencies they’re going to need to transition in and be able to provide complex, high-quality care.

Considering that it can cost $50,000 to $80,000 to train a new nurse, turnover can be costly. Research has shown that residency programs improve retention and quality of care.

To learn more ways to increase nurse retention and improve quality care, visit SelfCare for HealthCare™. Is this program just what your facility needs? Contact me today!

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