Accretiv's Commitment to Strengthening America's Healthcare Workforce
At Accretiv, we firmly believe that individual aspirations and community well-being go hand in hand. As a dedicated investor in the healthcare sector, we recognize the essential role that nurses play in delivering quality patient care. To address the growing nursing shortage, we are actively supporting the next generation of medical professionals through the Accretiv Nursing Scholarship Program.
Addressing the Nursing Shortage
The U.S. healthcare system faces a significant shortfall in nursing professionals. According to a report by Mercer, by 2028, the country is expected to experience a deficit of 73,000 nursing assistants, exacerbated by an aging population and increasing demand for healthcare services. StatPearls highlights key challenges, including a shortage of nursing educators, high turnover rates, and an aging workforce, with more than 50% of registered nurses over the age of 50.
The Bureau of Labor Statistics (BLS) projects that there will be 193,100 job openings for registered nurses (RNs) each year through 2032, largely due to retirements and increased demand for healthcare services. Furthermore, the Health Resources & Services Administration (HRSA) projects that by 2037, an additional 159,310 Licensed Practical Nurses (LPNs) will be needed to meet the growing healthcare demands of an aging population.
Nurses represent the largest segment of the healthcare workforce, providing critical services such as direct patient care, chronic disease management, and public health education. However, despite their essential role, many aspiring nurses face significant financial barriers to entering the profession.
The Accretiv Nursing Scholarship Program:
Investing in Future Healthcare Leaders
Recognizing these challenges, Accretiv is committed to empowering future healthcare professionals by providing financial assistance through the Accretiv Nursing Scholarship Program, working together with Gateway Community Colleges. This initiative is designed to support nursing students as they pursue their education, alleviating financial stress and ensuring a steady pipeline of skilled professionals in the healthcare system.
"When you’re incapacitated by illness, good nursing care can make all the difference to your comfort and speedy recovery," says Accretiv COO and co-founder Justin Clarke, who is himself a paraplegic and acutely aware of the importance of great nursing. "I can attest to the importance of this vital part of patient care. Nurses kept me alive, got me motivated, and rehabilitated into society, putting me in a position where I can now pay that forward. That’s why we are committed to supporting the education and training of future nurses."
The total cost of a four-year Bachelor of Science in Nursing (BSN) program typically ranges from $40,000 to $120,000, depending on the institution. Financial pressures are a leading cause of student attrition, with the National League for Nursing reporting that one in five nursing students drops out primarily due to economic constraints.
Through the Accretiv Nursing Scholarship Program, we help students cover tuition costs, allowing them to focus on developing critical skills in leadership, patient care, and public health. This funding supports individuals pursuing careers as Certified Nursing Assistants (CNAs), Registered Nurses (RNs), and Nurse Practitioners (NPs)—all of whom play a vital role in improving healthcare access and quality nationwide.
Building a Stronger Healthcare Future
At Accretiv, we recognize that our business extends beyond investments in healthcare infrastructure. By directly contributing to the education of nurses, we are investing in the long-term stability of the U.S. healthcare system.
Our commitment to supporting nursing education is rooted in our belief that a well-trained and well-supported workforce is essential to the health and well-being of our communities. Through the Accretiv Nursing Scholarship Program, we are working to ensure that aspiring nurses have the resources they need to succeed, ultimately strengthening the future of healthcare in America.
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