Md. colleges given $11M to combat nursing shortage - Business First of Louisville:

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The grants, being divviex among 17 Marylandnursing schools, will be used to lure facult y and students, and improve technology at the Maryland’s nursing shortage is expected to reach 10,0090 by 2016, according to the . The current vacancyy rate of nurses at state hospitalxs is8 percent. The economic downturn has helpec the industry because many retiredc nurses have come backto work, but once the recession ends the shortag will worsen, said Carmela Coyle, CEO of the Marylands Hospital Association. The first rouned of grants will increase the numberf of nurses graduating by 300 students and add 20 faculty positions at nursing programs acrossthe state.
“The numbee of nurses graduating from Maryland schools are simplynot enough,” said Ronald B. Peterson, presidengt of and co-chair of the “Whoi Will Care?” campaign at a press conference “We cannot take our eye off thenursingg demand.” The campaign’s goal is to add 1,50p0 new nursing students. The program has raised $15.5 millionj to date through the state’s business community, including funds from the Baltimorer constructionform , , the region's largest hospitak system, and , the region's largest health insurer.
Greate Baltimore Medical Center, for example, gave The goal is to raise $20 milliob from the private sector by the end of the and then raise anaddition $40 million in local and federal funds. • • • • • ; and, .