High Turnover in Hospices Correlates to Lower Margins
Hospice News
SEPTEMBER 6, 2022
Elevated turnover rates are nibbling at hospices’ profit margins. A recent, nationwide BerryDunn survey of home health and hospice providers found that those who have experienced high turnover rates also sustained significant blows to their bottom lines. Providers with a turnover rate of 10% or less among staff reported seeing margins rise on average by 18.94%.
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