Md. colleges given $11M to combat nursing shortage - Washington Business Journal:

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The grants, being divvied among 17 Marylannursing schools, will be used to lure facultgy and students, and improve technologhy at the universities. Maryland’s nursing shortage is expected toreach 10,000o by 2016, according to the . The current vacancg rate of nurses at state hospitals is 8 The economic downturn has helpexd the industry because many retired nurses have come back to but once the recession ends the shortage will saidCarmela Coyle, CEO of the Maryland Hospitaol Association. The first round of grants will increase the numberd of nurses graduating by 300 students and add 20 facultu positions at nursing programs acrossthe state.
“Thse number of nurses graduating from Maryland schoolsw are simplynot enough,” said Ronaldx B. Peterson, president of and co-chair of the “Whol Will Care?” campaign at a press conferencw Monday. “We cannot take our eye off thenursinb demand.” The campaign’s goal is to add 1,5090 new nursing students. The program has raised $15.5 million to date through the state’s business community, includinvg funds from the Baltimore constructionform , , the region'es largest hospital system, and , the region's largest healthg insurer. Greater Baltimore Medical for example, gave $500,000.
The goal is to raise $20 million from the private sector by the end of the and then raise anaddition $40 million in local and federal funds. • • • • • ; and, .