Earlier this month, the proposal was laid out, and the hospital will not incur any state debt. It will also receive average annual state appropriations of $52.5 million during the first six years of operation.
Construction on University Medical Center is slated to begin soon, and the New Orleans hospital is projected to open in 2015.
Related Articles on Louisiana Hospitals:
Slidell Memorial Hospital in Louisiana Plans Emergency Room, Cardiology Expansion
$1.1B LSU University Hospital Construction Proposal Requires No State Borrowing
Louisiana’s Baton Rouge General to Build 4 ORs in $40M Expansion
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