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November 26, 2024

AI Innovations Cut Nurse Turnover and Boost Retention in Healthcare

HealthTech Magazine
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Contributed by: Kate Gamble
Summary
Workforce retention remains a critical issue for hospital CEOs, particularly concerning nurses, as turnover rates show slight improvement but replacement costs have surged. A 2024 report highlights that replacing a nurse now costs nearly $6 million annually, prompting healthcare organizations to explore innovative solutions like artificial intelligence (AI). The Guthrie Clinic's implementation of an AI-supported virtual telesitting program has improved nurse satisfaction and reduced turnover rates from 25% to 13% by enhancing teamwork and communication. Similarly, OhioHealth has utilized AI to streamline the patient discharge process, resulting in a 17% reduction in excess hospital days.

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