I just wanted to follow up since there is so little information regarding a situation like this on the internet.
I consulted my lawyer regarding the disclosure to my current employer and she said that she could not advise me on that decision. I decided not to disclose immediately and just ride it out until I was admitted to CRNA school in a few months... However, while doing some research for one of my pre-requisite classes on the BON website I decided to check the status of my license. It had not been updated at the time, but at the top of the page was a notice regarding a new policy. As of November 2011 the BON will be updating all current employers of any changes to license status REALTIME! I still had a few days until the new policy went into effect, so I immediately informed my manager. It had only been a few days since the decision was made by the board, and my license still showed no reprimand.. She was very pleased that I told her before she found out on her own. She told me that it would not likely affect my current job because it happened after I was hired. (I worked at two hospitals for a short while). She got back to me a few days later and informed me that my job was secure and she felt like I had gone through enough. That was the biggest sigh of relief I have ever breathed!!! If you receive a reprimand, I highly recommend you tell your current employers immediately to avoid the appearance of deceit. This really only applies to someone working at two hospitals because it would already be known to the hospital in which the incident occurs. This is also a VERY good reason to have multiple employers, because if i hadn't had a second job, it would be next to impossible to get hired with a reprimand on my license.