New details regarding the agreement show the organization will use independent arbiters when LSU and the foundation known as BRF can’t reach agreement on basic issues like bill payments. This provision suggests the organizations anticipate possible confrontation in the future.
The agreement also states that BRF will: provide $37 million in additional payments to LSU’s Shreveport medical school, pay the $6.9 million LSU claims the hospital operator owes to the university, as well as $5.3 million in disputed billings LSU also claims it should receive.
While both LSU and its northern hospitals remain “optimistic” about the collaboration, the BRF’s statement in response to the agreement simply acknowledged how the transaction meets the “medical center’s immediate needs,” according to the article.
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