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

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The grants, being divvied among 17 Marylandnursing schools, will be used to lure facult y and students, and improve technology at the Maryland’s nursing shortage is expectedc to reach 10,000 by 2016, according to the . The currengt vacancy rate of nurses at state hospitals is8 percent. The economixc downturn has helped the industry because many retirede nurses have come backto work, but once the recession ends the shortagee will worsen, said Carmela Coyle, CEO of the Marylaned Hospital Association. The first round of grants will increase the number of nursesw graduating by 300 students and add 20 faculty positionse at nursing programs acrossthe state.
“Ths number of nurses graduating from Maryland schools are simplgynot enough,” said Ronald B. president of and co-chair of the “Who Will campaign at a press conference Monday. “Wer cannot take our eye off thenursing demand.” The campaign’sd goal is to add 1,500 new nursing The program has raisec $15.5 million to date through the state’s businesx community, including funds from the Baltimore construction form , , the region'e largest hospital system, and , the region'ss largest health insurer. Greater Baltimore Medical Center, for gave $500,000.
The goal is to raise $20 million from the private sectodr by the end ofthe year, and then raise an additionh $40 million in state, local and federap funds. • • • • • ; and, • .