Reducing Nursing Vacancy Through Practice Partnerships

Abstract

A health system-based collaborative clinical partnership model was implemented to improve nursing students’ clinical experiences and recruit new nurse graduates into vacant nursing positions. A survey indicated clinical experiences with partnership instructors influenced student intent for employment post-graduation. Nurse vacancy decreased in correlation to new nurse graduate hires. A return on investment (ROI) analysis of the collaborative clinical partnership program estimated for 2023 an ROI of 680% with financial gain of 4.5 million dollars, and for mid-year 2024, the ROI was 408% with an estimated financial gain of 1.4 million dollars. Learning Objective: After completing this education activity, the learner will be able to discuss the correlation between nurse vacancy and new nurse graduate hires through a return on investment analysis