Fact Sheet Current and Projected Shortage Indicators
- According to the Bureau of Labor Statistics’ Employment Projections 2016-2026, Registered Nursing (RN) is listed among the top occupations in terms of job growth through 2026.
- The RN workforce is expected to grow from 2.9 million in 2016 to 3.4 million in 2026, an increase of 438,100 or 15%.
- The Bureau also projects the need for an additional 203,700 new RNs each year through 2026 to fill newly created positions and to replace retiring nurses.
- A significant segment of the nursing workforce is nearing retirement age.
- According to a 2018 survey conducted by the National Council of State Boards of Nursing and The Forum of State Nursing Workforce Centers, 50.9% of the RN workforce is age 50 or older.
- A shortage of nursing school faculty is restricting nursing program enrollments.
- According to AACN’s report on 2018-2019 Enrollment and Graduations in Baccalaureate and Graduate Programs in Nursing, U.S. nursing schools turned away more than 75,000 qualified applicants from baccalaureate and graduate nursing programs in 2018 due to insufficient number of faculty, clinical sites, classroom space, and clinical preceptors, as well as budget constraints. Almost two-thirds of the nursing schools responding to the survey pointed to a shortage of faculty and/or clinical preceptors as a reason for not accepting all qualified applicants into their programs
Increasing Demand for Nurses
- The Nursing shortage is becoming increasingly more critical as the traditional healthcare staffing industry 13 week contract assignment cannot fill the void created by the high number of open core nursing positions. In the past the positions were able to be filled by travel nurses using an average of 13 week assignments. Even higher bill rates are not relieving the pain caused by the high number of core vacancies.
- To provide a pathway to fill core vacancies Accountable Healthcare is offering 6 month to 12 month long contracts that provide quick relief, reduced bill rates and improved continuity of care. Continuity of care leads to better patient care outcomes and overall satisfaction with the quality of care.