Quantcast

Audit: $42M in layoff costs for LSU privatization - KTBS.com - Shreveport, LA News, Weather and Sports

Audit: $42M in layoff costs for LSU privatization

Posted: Updated:
BATON ROUGE, La. -

A new audit says Gov. Bobby Jindal's push to privatize all but one of the LSU-run hospitals across south Louisiana would cost the state $42 million for layoff costs.

The analysis by Legislative Auditor Daryl Purpera's office says privatization of six hospitals in the LSU Health Care Services Division would require an estimated $29 million for termination pay and another $13 million for unemployment payouts

The audit, released Monday, says LSU told auditors the administration knows of projected costs and is seeking funding to cover the expense.

More than 5,000 workers at the hospitals and associated clinics face layoffs because of privatization. They can reapply for their jobs with private hospital operators that would take over management of the operations.

Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KTBS. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
    Advertising | EEO Public File | KTBS 3 Public File | KPXJ 21 Public File