This past October, Franciscan Missionaries of Our Lady Health System, based in Baton Rouge, La., decided it would no longer manage St. Bernard Parish. Under its financing agreement with Goldman Sachs, St. Bernard Parish had to be run by a third party.
However, St. Bernard Parish interim CEO Wayne Landry said Goldman Sachs officials have altered the agreement, saying the hospital now has the “right to self-manage,” according to the report. However, the hospital must undergo a nationwide search for a new CEO, and a consultant must be hired to narrow down the top three choices.
St. Bernard Parish cost $70 million to build and has 40 beds, as well as a 10-bed emergency department. The hospital replaced Chalmette Medical Center, which was damaged by Hurricane Katrina in 2005.
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