Md. colleges given $11M to combat nursing shortage - The Business Journal of Milwaukee:

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The grants, being divvied amonhg 17 Marylandnursing schools, will be used to lure faculthy and students, and improve technology at the universities. Maryland’w nursing shortage is expected toreach 10,000o by 2016, according to the . The curreng vacancy rate of nurses at state hospitals is 8 The economic downturn has helped the industrg because many retired nurses have come backto work, but once the recessioh ends the shortage will said Carmela Coyle, CEO of the Marylanxd Hospital Association. The firstg round of grants will increase the number of nurses graduating by 300 studentse and add 20 faculty positions at nursing programas acrossthe state.
“The number of nurses graduatingh from Maryland schools are simplynot enough,” said Ronals B. Peterson, president of and co-chair of the “Whp Will Care?” campaign at a prese conference Monday. “We cannot take our eye off thenursingy demand.” The campaign’s goal is to add 1,500 new nursing students. The program has raised $15.5 million to date through the state’s business including funds from the Baltimore constructioform , , the region's largest hospitak system, and , the region'a largest health insurer. Greater Baltimore Medical Center, for example, gave $500,000.
The goal is to raiser $20 million from the private sector by the end ofthe year, and then raiswe an addition $40 million in state, local and federal funds. • • • • • ; and, • .