Dependable healthcare providers are increasingly difficult to find, so once you have hired, trained and on-boarded an employee, you need to do everything you can to retain them for the long term. Every time you have to hire a new nurse or medical professional, it costs your facility money; recent research suggests locating, screening and hiring a single nurse can cost your facility over $14,000. A physician or specialist is even more costly to replace; if you lose one of your doctors and you'll need to fork over a hefty $58,000 in recruitment, screening, onboarding and credentialing costs to replace them. Since the replacement process is so incredibly costly, it pays to retain your best employees as long as you can.