LSU reaches financial terms with hospital manager
BATON ROUGE - LSU has settled the major financial disagreements it had with the manager of the university's Shreveport and Monroe hospitals.
University system health care adviser Jerry Phillips says LSU and the Biomedical Research Foundation of Northwest Louisiana, known as BRF, have completed documents that govern the sharing of security, utilities and computer services.
BRF runs the hospitals as the University Health System. Rodney Huebbers, CEO of the health system, says he's pleased the agreements have been signed and the outstanding issues settled.
The signing of nearly all outstanding paperwork involving hospital management appears to end talk that LSU might consider filing a breach of contract lawsuit. It also could calm some concerns about new upheaval at the hospitals, which were privatized by Gov. Bobby Jindal's administration a year ago.