What Are the Economic Impacts of Nursing Shortages?
Nursing shortages can have detrimental economic impacts. A lack of nurses can lead to increased workloads for existing staff, higher rates of burnout, and ultimately, poorer patient outcomes. This can result in higher healthcare costs due to longer hospital stays, increased readmissions, and greater use of emergency services. Addressing nursing shortages through recruitment and retention strategies is essential for maintaining economic stability in the healthcare sector.
