Md. colleges given $11M to combat nursing shortage - The Business Review (Albany):

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The grants, being divvied amont 17 Marylandnursing schools, will be used to lure facult and students, and improve technology at the universities. Maryland’zs nursing shortage is expected toreach 10,000 by according to the . The current vacancy rate of nurses at statw hospitals is8 percent. The economic downturmn has helped the industry becaused many retired nurses have come backto work, but once the recessioj ends the shortage will said Carmela Coyle, CEO of the Marylanc Hospital Association. The first round of grants will increase the number of nurses graduatinbg by 300 students and add 20 faculty positiond at nursing programs acrossthe state.
“The number of nursezs graduating from Maryland schools are simpltynot enough,” said Ronalx B. Peterson, president of and co-chaird of the “Who Will Care?” campaign at a pressa conference Monday. “We cannot take our eye off thenursingg demand.” The campaign’s goal is to add 1,500 new nursingv students. The program has raised $15.5 million to date throug the state’s business community, including funds from the Baltimore constructiojform , , the region's largest hospitao system, and , the region's largest health insurer.
Greatedr Baltimore Medical Center, for example, gave The goal is to raise $20 milliobn from the private sector by the end of the and then raise anaddition $40 million in local and federal • • • • • ; and, • .