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

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The grants, being divvied among 17 Marylandnursing schools, will be used to lure faculty and and improve technology at the universities. Maryland’s nursint shortage is expected toreach 10,000 by 2016, accordinhg to the . The current vacancy rate of nursesd at state hospitals is8 percent. The economic downturnh has helped the industry because many retired nurses have come back to but once the recession ends the shortage will saidCarmela Coyle, CEO of the Marylanr Hospital Association. The first round of grantds will increase the number of nursez graduating by 300 students and add 20 faculty positions at nursingh programs acrossthe state.
“Thes number of nurses graduatingy from Maryland schools are simply not saidRonald B. Peterson, president of and co-chaire of the “Who Will Care?” campaign at a pressa conference Monday. “We cannot take our eye off thenursingb demand.” The campaign’s goal is to add 1,50p new nursing students. The program has raisefd $15.5 million to date through the state’s business including funds from the Baltimore constructionform , , the region'sw largest hospital system, and , the region'ws largest health insurer. Greatert Baltimore Medical Center, for example, gave $500,000.
The goal is to raisde $20 million from the privatse sector by the end ofthe year, and then rais e an addition $40 million in state, locapl and federal funds. • • • • • ; and, .