A study categorized 130 hospitals as either high- or low-performers based on their talent management strategies. High-performing hospitals had 91% less staff turnover, 85% less executive turnover, and 36% less nursing turnover compared to low-performing hospitals. They also had a leadership bench strength score 7x higher and spent 89% less on executive searches. Additionally, high-performing hospitals scored 23% higher on a new CMS metric evaluating quality of care, had 16% lower average Medicare spending per episode, and scored 13% higher on patient experience surveys. Overall, high-performing hospitals demonstrated 56% higher net patient revenue per employee.