LSU getting out of the hospital business (AP / Shreveport Times)

December 24, 2012 – LSU leaders are finally saying what political watchers knew back in July when Gov. Bobby Jindal made deep budget cuts to the public hospital system. They’re acknowledging the reductions are forcing the university system out of the hospital business. They’re describing it with a positive spin, but they’re confirming that Jindal’s budget-cutting decisions imposed a sweeping change in the way Louisiana cares for its poor and uninsured patients. “LSU is getting out of managing hospitals,” said Stephen Perry, a member of the LSU Board of Supervisors who portrayed it as the university system returning “to the things we excel at.” Jindal stripped more than $300 million in state and federal funding for the LSU health system after Louisiana’s Medicaid financing was reduced by Congress earlier this year.

Link to Full Article: http://www.shreveporttimes.com/viewart/20121224/NEWS01/121223027/Analysis-LSU-getting-out-of-the-hospital-business-

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