LSU Hospitals Face Privatization to Balance State Budget

Louisiana Gov. Bobby Jindal (R) proposed privatizing management of publicly-run Louisiana State University hospitals to help balance his $24.7 billion budget for next year, according to a report by the Shreveport Times.
State legislation passed last year shrank Medicaid funding and will result in the loss of millions in federal money.

To offset that, the governor said he hopes to outsource the public hospitals in LSU's system, though details have not yet been released as to how much that would save the state. The governor noted the move would cut 10,000 LSU workers from its employment rolls but anticipated 90 percent of them would be hired by the private operators.

More Articles on Medicaid Funding:

Virginia Dems Vow to Vote Down Budget Without Medicaid Expansion
New Hampshire Governor Aims to Restore Hospital Indigent Care Funds
House Democrats to Obama: Don't Touch Entitlements

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>