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Indiana’s Orbis gets $8.65M investment for nursing education services

Positioning itself to take advantage of the well-documented nursing shortage, Orbis Educational Services Inc. has received an $8.65 million investment to further its nursing education programs.

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INDIANAPOLIS, Indiana — Positioning itself to take advantage of the well-documented nursing shortage, Orbis Educational Services Inc. has received an $8.65 million investment to further its nursing education programs, according to a regulatory filing.

The company partners with hospitals and nursing schools that are looking to outsource part or all of their education programs. Orbis helps its clients establish clinical education sites, start online education programs and handles marketing and student recruitment, according to its Web site.

An Orbis representative didn’t immediately return a call.

Orbis does not grant degrees; rather, graduates from its programs earn degrees from its client universities. The company says it typically looks for clients that can support about 300 students. The cost to clients for Orbis’ services on average runs about $400 a month per student.

The company was founded in 2003 and formed its first partnership in 2005 with the University of Oklahoma. Other clients include Marian University and St. Vincent Health in Indianapolis, San Diego State University and Glendale Adventist Medical Center in California.

Numbers regarding the nursing shortage facing the U.S. vary, but one paper published last year in the journal Health Affairs estimated that the shortage would grow to 260,000 registered nurses by 2025. Factors causing the shortage range from the aging of the nursing workforce and the U.S. population in general to a dearth of qualified nursing instructors.

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