Jan. 25, 2024

Data Portal Shows Decreased Vacancy Rates for Nurses, but Increases for CNAs and TMAs

On January 25, 2024 by Anna Mowry

Vacancy rates for registered nurses and licensed practical nurses decreased last quarter. In contrast, TMA and CNA vacancy rates increased, according to data submitted by members in the LeadingAge Minnesota Data Portal.

With over seven 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, both LPN and RN vacancy rates dropped. According to the member data submitted in the portal, RN vacancy rates are at a new low of 14.08%, decreasing over 3% since last quarter. Meanwhile, LPN rates decreased slightly.

Dietary staff remained consistent in vacancies this past quarter, trending with a lower statewide average vacancy rate of 10.07%. Meanwhile, nursing assistant (CNA) vacancy rates have increased from 16.28% to 18.88% since last quarter.

In the application, 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 fourth-quarter data

As more members enter their data each quarter, more and more insights can be discovered. Members should submit 2023 fourth-quarter data for all LeadingAge Minnesota Data Portal applications by Jan.31.

What is the Data Portal?

Ever wonder how you match up with your competitors? 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: Your organization’s financial outlook, 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.