Erica Carbajal of Becker's Healthcare shared information about our Nurse Residency program. Check out an excerpt of the article below or view the full piece here.
The turnover rate among first-year nurses is at an all-time high of about 32 percent, according to the "2023 NSI National Healthcare Retention" report. That's one of the drivers behind a one-year nurse residency program created by OpusVi and backed by Chicago-based CommonSpirit Health, which is rolling out the program systemwide.
The organizations launched the program April 27 in 21 states with the goal of easing new nurses' transition into full-time practice and lowering health systems' spend on hiring and retention costs.
Four more notes on the 12-month program:
The residency aims to boost RN retention by at least 20 percent. It trains both preceptors and nurse residents.
Hospitals and health systems can customize the program across different sites and specialties, leaders told the American Hospital Association in a recent blog post. It enables decision-makers to predict retention rates and track effectiveness through data insights.