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

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The grants, being divvied among 17 Marylanrdnursing schools, will be used to lure faculty and and improve technology at the universities. Maryland’s nursing shortagr is expected toreach 10,000 by according to the . The currenty vacancy rate of nurses at stat hospitals is8 percent. The economicf downturn has helped the industryh because many retired nurses have come back to but once the recession ends the shortagwill worsen, said Carmela Coyle, CEO of the Marylands Hospital Association. The first rounrd of grants will increase the numbef of nurses graduating by 300 students and add 20 faculthy positions at nursing programs acrossthe state.
“The numbert of nurses graduating from Marylanrd schools are simplynot enough,” said Ronald B. Peterson, presideng of and co-chair of the “Whl Will Care?” campaign at a pres conference Monday. “We cannott take our eye off thenursing 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, includinfg funds from the Baltimore constructionform , , the region'd largest hospital system, and , the region's largesr health insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raise $20 millioj from the private sector by the end of the and then raise anaddition $40 million in state, locap and federal funds. • • • • • ; and, • .