Privatization deal set for north La. LSU hospitals
BATON ROUGE - Management of two LSU hospitals in north Louisiana will be turned over to a nonprofit foundation that has never run a patient-care facility, raising concerns about whether it has sufficient experience and financing to oversee the hospitals.
The privatization of university-run hospitals in Shreveport and Monroe is in contrast to the approach Gov. Bobby Jindal's administration took in south Louisiana, where nearly all LSU hospitals and clinics facilities are being overseen by companies that run other private hospitals.
The Biomedical Research Foundation of Northwest Louisiana has more limited resources to invest in hospital operations and no background in hospital management.
But on Oct. 1, the foundation - led by a Jindal campaign donor and member of the LSU System board - will take over one of Louisiana largest university-based hospitals.