The New York City Department of Small Business Services is launching a Nurse residency program that provides increased on-the-job training and mentorship in an effort to reduce the turnover rate in some of the city’s busiest hospitals.
According to a Becker's Hospital Review article, 24 hospitals are participating in the country's first city-led Nurse residency program, they are:
• BronxCare Health System
• Brookdale University Hospital
• Interfaith Medical Center
• Kingsbrook Jewish Medical Center
• Mount Sinai Brooklyn
• Mount Sinai Hospital
• Mount Sinai Queens
• Mount Sinai St. Luke’s
• Mount Sinai West
• Maimonides Medical Center
• NewYork-Presbyterian Brooklyn Methodist
• NewYork-Presbyterian Queens
• NYC Health + Hospitals-Bellevue
• NYC Health + Hospitals-Coney Island
• NYC Health + Hospitals-Elmhurst
• NYC Health + Hospitals-Harlem
• NYC Health + Hospitals-Jacobi
• NYC Health + Hospitals-Kings County
• NYC Health + Hospitals-Lincoln
• NYC Health + Hospitals-Metropolitan
• NYC Health + Hospitals-North Central Bronx
• NYC Health + Hospitals-Queens
• NYC Health + Hospitals-Woodhull
• St. Barnabas Hospital Systems
Hospitals have not had the capacity or resources to launch residency programs on their own so they struggled to retain newly-graduated Nurses. Losing one Nurse can cost up to $100,000.
According to the Wall Street Journal, the Department of Small Business Services is providing more than $300,000 to support the program. The program will provide newly-hired, first-time Nurses with training on topics including ethics, decision making, clinical leadership, and the incorporation of research-based evidence into practice as well as support and mentorship proven to enhance Nurse satisfaction, performance, and retention.