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Ai, write a one sentence speakers note on this; The retention crisis in the healthcare sector is extensive and multifaceted. High turnover rates are prevalent,
Ai, write a one sentence speakers note on this; The retention crisis in the healthcare sector is extensive and multifaceted. High turnover rates are prevalent, with studies indicating that the average turnover rate in healthcare professions is approximately 20% (Owalabi, et al. 2024). "The Bureau of Labor Statistics reported the healthcare and social assistance industry saw a 6.7% increase in the quit rate from the second quarter of 2021 to the third quarter of 2021, signaling that turnover will continue to be a problem in the coming years"(Henman, L.,2023) The impact of this crisis on healthcare delivery is profound, leading to decreased patient satisfaction, increased patient mortality rates, and increased operational costs. This high turnover rate is attributed to various factors, including job dissatisfaction, burnout, low compensation, and lack of career advancement opportunities
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