The demand for nurses in the U.S. is attributed to the growth of the American healthcare system as well as the shortage of nurses across the nation and the job outlook for registered nurses is expected to rise by 15 percent between 2016 and 2026, That’s more than double the 7 percent estimated growth rate expected across all occupations, according to the Bureau of Labor Statistics.
As nursing schools struggle to staff classrooms, fewer new graduates are entering the workforce leaving healthcare facilities anxious to plug the gaps. Through global sourcing and placement of nursing staff, PRS Global has the solution to the nurse staffing crisis threatening our healthcare system by connecting qualified international nursing professionals with American healthcare providers.
The nursing shortage has reached near-epidemic proportions here in the U.S. and this shortage is costing healthcare providers billions each year. The cost just to replace one hospital nurse ranges from $37,000 - $58,000
and the Journal of Nursing Administration claims it's as high as $82,000.
With the increasing number of nurses retiring or reducing their work schedules, the turnover rate will continue to increase. Can we afford 20-25% annual turnover? No. And with the expected need of nurses by 2026 increasing nearly 50%
, our current path is unsustainable.
The trends are alarming, but by forging a new path and broadening our horizons globally, we can meet this daunting demand.