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

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The grants, being divvied among 17 Marylandnursingb schools, will be used to lure faculty and and improve technology at the universities. Maryland’sd nursing shortage is expected toreach 10,0090 by 2016, according to the . The current vacancg rate of nurses at state hospitals is8 percent. The economif downturn has helped the industry because many retired nursezs have come backto work, but once the recessiom ends the shortage will worsen, said Carmel a Coyle, CEO of the Maryland Hospital The first round of grants will increase the number of nurses graduating by 300 students and add 20 facultyg positions at nursing programs acrosd the state.
“The number of nurses graduatintg from Maryland schools are simplynot enough,” said Ronaldf B. Peterson, president of and co-chair of the “Who Will campaign at a press conference Monday. “We cannot take our eye off the nursing The campaign’s goal is to add 1,50o new nursing students. The program has raised $15.55 million to date through the state’se business community, including funds from the Baltimorw constructionform , , the region's largesft hospital system, and , the region'sa largest health insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raisre $20 million from the private secto r by the end ofthe year, and then rais an addition $40 million in local and federal funds. • • • • • ; and, • .