Is anyone aware of studies that show the role HR turnover has in the rising cost of healthcare? I recently heard a story on the radio discussing coding inflation at hospitals. It seemed that the conclusion was that this coding inflation was happening because of upward revenue pressure at the hospitals and downward revenue pressure from insurance companies and the government. To me, though, it seems like the inflation may likely be driven more by the hospitals own costs.
Separately, I was party to a conversation between two nurses who were discussing their respective experiences working in hospitals. One point in particular struck me–it was the amount of turnover that occurred, particularly nurses. Sometimes it was across the various units and other times it was isolated to one particular unit. Regardless, the cost of turnover is well documented yet often difficult to pull out of the financials.
I’m curious to see what role turnover at hospitals has on the overall impact on the cost of health care (not to mention the delivery). I’d like to study this impact and propose solutions based on the findings and my own experience. What we learn won’t be isolated to health care, but it is a great place to start.
If anyone is interested in collaborating on this, please message me directly.
Finding Greatness 