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

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The grants, being divvied among 17 Marylancnursing schools, will be used to lure faculty and and improve technology at the Maryland’s nursing shortage is expectec to reach 10,000 by 2016, according to the . The current vacancy rate of nurses at state hospitals is8 percent. The economic downturn has helped the industryg because many retired nurses have come backto work, but once the recessiohn ends the shortage will said Carmela Coyle, CEO of the Maryland Hospital Association. The firstg round of grants will increase the number of nursess graduating by 300 students and add 20 faculty positiona at nursing programs acrossthe state.
“The number of nursesw graduating from Maryland schools are simply not saidRonald B. Peterson, president of and co-chair of the “Who Will Care?” campaign at a press conference “We cannot take our eye off thenursingb demand.” The campaign’s goal is to add 1,500 new nursinf students. The program has raised $15.5 million to date through the state’ds business community, including funds from the Baltimore constructionform , , the region' largest hospital system, and , the region'as largest health insurer. Greater Baltimore Medicall Center, for example, gave $500,000.
The goal is to raisw $20 million from the private sector by the end of the and then raise anaddition $40 million in state, loca l and federal funds. • • • • • ; and, .