"The opportunities that the Hudson Valley Community College Nursing program provides are critical to the health and wellness of our community," said John D. Bennett, MD, president and CEO of CDPHP. "We are proud to support the school's efforts as it fosters an excellent education and produces graduates that improve the health care of this region, some of which have gone on to work in many local health care facilities and organizations, including our company."
Classroom 234 in the Fitzgibbons Health Technologies Center will be named in honor of CDPHP for its support for quality education in the nursing field.
"The Foundation is very grateful for this generous gift from CDPHP in support of the college's Nursing program. The funds will be used by the college to enhance the size of the Nursing program, allowing the college to increase the number of students it can educate and graduate into the Capital Region community," said Hudson Valley Community College Foundation President Sarah Boggess. "This partnership, and numerous others like it, have allowed the Foundation to realize noteworthy success in its first-ever comprehensive campaign – known as The Promise of Our Region: The Campaign for the Community – which has targeted important investment in its nursing, automotive and high-tech academic programs."
"Our vision for Hudson Valley Community College is to deliver what the future demands for the rapidly transforming Capital Region," said Hudson Valley Community College President Matonak. "As our state and local communities continue to have stresses on their budgets, it is important for the college to be able to reach out and garner private support so the college can maintain its margin of excellence."
At Hudson Valley Community College, the Nursing program (which graduates approximately 60 registered nurses each year) is fully enrolled each year. The program has a reputation of excellence. It boasts a ten-year average pass rate on the professional licensure exam of 94%, compared to New York State's average pass rate of 85% and the national pass rate of 86%. The incoming freshman program has 128 seats in the full-time day program and 60 seats in the part-time evening program. For the upcoming 2010-11 academic year, 1,200 individuals have applied to the college's Nursing Program. The college is unable to expand the program without additional external funding, because the cost to educate each student is approximately $10,000 more than is currently funded through state aid, county aid and tuition. The college also needs external funding to enhance and upgrade its equipment.
The Nursing program has graduated more than 2,500 students since its inception in 1964. Most of those graduates have pursued careers with health care providers in the Capital Region. According to the American Association of Colleges of Nursing, the United States is in the midst of a nursing shortage that is expected to intensify as baby boomers age and the need for health care grows. Compounding the problem is the fact that nursing colleges across the country are struggling to expand enrollment levels to meet this rising demand.
CDPHP, a physician-founded, community-based health plan, recognizes the critical need for quality nursing staff in the medical community. In an effort to support this imminent issue, CDPHP has made a five-year financial pledge to the Hudson Valley Community College Foundation to support its Nursing program. This support goes hand-in-hand with the health plan's commitment to work with providers in developing innovative ways to increase quality within the communities it serves.
The Hudson Valley Community College Foundation is a not-for-profit charitable corporation that was formed in 1983 to philanthropically support the college's mission. Gifts from alumni, corporations and friends are used to enhance programs, facilities and scholarship opportunities.
In May 2008, the Foundation launched its first ever major gifts campaign and most ambitious fundraising effort in the college's 55-year history. The campaign, The Promise of Our Region: The Campaign for the Community, has raised more than $6 million to date. The campaign, which has targeted important investments in its nursing, automotive and other high-tech academic programs, has received gifts for the Nursing program from Albany Medical Center, Charitable Ventures Foundation, Capital Cares Foundation and The MVMA Foundation.
Founded in 1953, Hudson Valley Community College offers more than 70 associate's degree and certificate programs in four schools: Business; Engineering and Industrial Technologies; Health Sciences; and Liberal Arts and Sciences, as well as programs run through the Educational Opportunity Center offering certification programs in workforce and academic preparation. One of 30 community colleges in the State University of New York system, it has an enrollment of more than 13,500 students, and it is known as a leader in distance learning initiatives and worker retraining. Hudson Valley has more than 65,000 alumni.