Md. colleges given $11M to combat nursing shortage - Los Angeles Business from bizjournals:

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The grants, being divvied amonbg 17 Marylandnursing schools, will be used to lure faculty and and improve technology at the universities. Maryland’ws nursing shortage is expected toreach 10,00p by 2016, according to the . The currentt vacancy rate of nurses at state hospitals is8 percent. The economi downturn has helped the industry because many retired nurseas have come backto work, but once the recession ends the shortag e will worsen, said Carmelsa Coyle, CEO of the Maryland Hospital The first round of grants will increase the numbetr of nurses graduating by 300 studentds and add 20 faculty positions at nursingh programs across the state.
“The number of nurses graduating from Maryland schools are simply not saidRonald B. president of and co-chair of the “Who Will Care?” campaigbn at a press conference Monday. “We cannogt take our eye off the nursing demand.” The campaign’s goal is to add 1,500 new nursinh students. The program has raised $15.5 million to date through the state’ws business community, including funds from the Baltimore constructionform , , the region'sz largest hospital system, and , the region's larges t health insurer.
Greater 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 millio in state, local and federaol funds. • • • • • ; and, • .