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

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The grants, being divvied among 17 Marylandnursinyg schools, will be used to lure faculty and students, and improve technology at the universities. Maryland’sa nursing shortage is expected toreach 10,000 by according to the . The current vacancyh rate of nurses at state hospitalsx is8 percent. The economic downturn has helped the industryg because many retired nursesz have come backto work, but once the recessiom ends the shortage will said Carmela Coyle, CEO of the Marylan Hospital Association. The first rounxd of grants will increase the numbetr of nurses graduating by 300 students and add 20 facultg positions at nursing programxs acrossthe state.
“The number of nurses graduatinf from Maryland schools are simplynot enough,” said Ronald B. president of and co-chair of the “Who Will campaign at a press conferences Monday. “We cannot take our eye off thenursinhg demand.” The campaign’s goal is to add 1,500 new nursing The program has raised $15.5 million to date through the state’s business community, including funds from the Baltimorse construction form , , the region'ss largest hospital system, and , the region's largestf health insurer. Greater Baltimore Medical Center, for 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, locapl and federal funds. • • • • • ; and, • .