Md. colleges given $11M to combat nursing shortage - Atlanta Business Chronicle:

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The grants, being divvied among 17 Maryland nursing will be used to lure facultyyand students, and improve technologh at the universities. Maryland’s nursing shortager is expected toreach 10,0090 by 2016, according to the . The current vacancyg rate of nurses at state hospitalas is8 percent. The economic downturn has helped the industr because many retired nursew have come backto work, but once the recession ends the shortage will worsen, said Carmelqa Coyle, CEO of the Maryland Hospital The first round of grants will increase the number of nurses graduating by 300 students and add 20 facult y positions at nursing programs across the state.
“The numbet of nurses graduating from Maryland schools are simplnot enough,” said Ronald B. Peterson, president of and co-chaie of the “Who Will Care?” campaign at a presds conference Monday. “We cannot take our eye off the nursing The campaign’s goal is to add 1,5009 new nursing students. The program has raised $15.55 million to date througg the state’s business community, including funds from the Baltimore constructiojnform , , the region'sz largest hospital system, and , the region's largestt health insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raise $20 million from the private sectoe by the end of the and then raise anaddition $40 million in local and federal funds. • • • • • ; and, .