Oct. 12, 2023
Data Portal Shows Increases in Statewide Vacancy Rates for Licensed Nurses
On October 12, 2023 by Anna Mowry
Vacancy rates for registered and licensed practical nurses increased last quarter to over 20%, according to data submitted by members in the LeadingAge Minnesota Data Portal.
With over six quarters of workforce data compiled, the LeadingAge Minnesota Data Portal shows trends in statewide vacancy rates, turnover, and retention for critical positions in member settings. This past quarter, LPN vacancy rates spiked to 24.4%, while vacancy rates for RNs increased to 20%.
Dietary staff also saw an increase in vacancies this past quarter, however, trending with a lower statewide average vacancy rate of 12.8%. Meanwhile, nursing assistants (CNAs) vacancy rates have decreased over the past year and a half – dropping from 22.6% to 18.34%.
The application also includes data on medication aides (TMAs) from the past four quarters. Members can access more workforce trend reports and compare their data on employee vacancy rates, retention, and turnover metrics in the Workforce Application of the Data Portal.
Time to submit your third-quarter data
As more members enter their data each quarter, more and more insights can be discovered. Members should now submit third-quarter data for all LeadingAge Minnesota Data Portal applications.
What is the Data Portal?
How do you match up with your competitors? Do you want to know where your organization has opportunities to improve? The LeadingAge Minnesota Data Portal allows you access to data tracking and vital benchmarking to gain valuable insights and facilitate data-driven decisions.
Compare your performance with the following Data Portal Applications:
- Workforce: Employee turnover, retention, and vacancy metrics for RNs, LPNs, CNAs, TMAs, and dietary staff.
- Compensation: Wages, differentials, and bonuses for key staff positions, including DONs, RNs, CNAs, social workers, maintenance, and more.
- Financial conditions: Financial outlook of your organization, including operating margin, days cash on hand, debt coverage ratio, and reserves.
- Assisted living quality measures: Resident falls, medication errors, hospital/ED visits, capacity, and average length of stay metrics.
- Five-Star quality reports: Care center insights into your CMS 5-Star rating to focus your quality improvement efforts.
To learn more or for questions, please contact Julie Apold. To request data portal access, please contact Cari Kronschnable.