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LSU Board Approves Leasing 2 Hospitals to Private Operators

The Louisiana State University Board of Supervisors approved plans to lease Interim LSU Public Hospital, better known as University Hospital, in New Orleans and University Medical Center in Lafayette, La., to private operators as part of Gov. Bobby Jindal's initiative to shed costly charity care off the state's budget, according to a report by the Times-Picayune.

Louisiana Children's Medical Center will pay for the lease to run the New Orleans hospital for two years until a new $1.1 billion medical center is constructed, which LCMC would then lease for 40 years, according to the report. LSU's University Medical Center in Lafayette would be leased to Lafayette (La.) General Health System in a similar agreement.

The privatization measure will go before the state Joint Legislative Committee later this year for final budget approval, according to the report.

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