Yearly Cost Per RNTotal For Year3-Year Total
Staffing Cost
Direct-Hire Cost
Savings

*This does not include revenue lost by your facility due to empty beds caused by the nursing shortage.

It takes an average of 112 days to hire a new nurse.

The average cost to hire an RN is over $40,000.

The average travel nurse cost for a hospital is $90/hour.

Hospitals lose a minimum of $5 million per empty bed per year. 

Nursing homes lose $1.8 million per year for each nurse lost overseeing 10 patients.