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

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The grants, being divvied among 17 Marylandnursinvg schools, will be used to lure faculty and and improve technology at the universities. Maryland’ds nursing shortage is expected toreach 10,0000 by 2016, according to the . The current vacancg rate of nurses at state hospitals is 8 The economic downturn has helped the industry because many retired nurses have come back to but once the recession ends the shortagewwill worsen, said Carmelqa Coyle, CEO of the Maryland Hospital The first round of grants will increaswe the number of nurses graduating by 300 students and add 20 faculty positions at nursing programs across the state.
“The numbetr of nurses graduating from Maryland schools are simply not enough,” said Ronald B. Peterson, presiden of and co-chair of the “Who Will campaign at a press conferencse Monday. “We cannot take our eye off the nursing demand.” The campaign’s goal is to add 1,500 new nursingv students. The program has raise d $15.5 million to date through the state’ business community, including funds from the Baltimors constructionform , , the region's largest hospitalo system, and , the region's largest healtj insurer. Greater Baltimore Medical Center, for gave $500,000.
The goal is to rais $20 million from the private sectof by the end ofthe year, and then rais an addition $40 million in local and federal funds. • • • • • ; and, .