In the worst of health: IPO papers of hospital chains show high attrition among nurses

Global Health (Medanta) had, in its red herring prospectus, reported an attrition rate of 51% among nurses for FY22. IPO-bound Yatharth Hospital has reported an attrition of 74% for FY23 in its draft red herring prospectus. Thane-based Jupiter Hospital has reported an attrition of 32% for FY22 in its draft RHP. The attrition rates at hospitals are far higher for nurses compared with those of doctors and other professionals.

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