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State scrutinizes LSU-BRF deal - KTBS.com - Shreveport, LA News, Weather and Sports

State scrutinizes LSU-BRF deal

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BATON ROUGE, La. -

The deal to privatize LSU Health faced intense scrutiny on Friday.
 
The state legislature reviewed the contract between the hospital and vetted its new managers for five hours.
  
The BRF doesn't need approval from the legislature for the deal to go through, but they are subject to review. 

State legislators expressed in the meeting they feel like the contract between LSU Health Shreveport and the BRF is just not air tight enough and now they're asking for more details.

Sen. Sherri Buffing ton and Sen. Robert Adley, among others, asked the leaders of the BRF and the Department of Health and Hospitals to go over this contract again with a fine-toothed comb.
 
"The contract has got to be written in a fashion that it cannot be interpreted many different ways," said Adley.

Adley pointed out that patients who pay privately only make up about 17 percent of LSU Health's revenue right now.
 
In order for the hospital to succeed in the future, managers will have to negotiate more insurance contracts and provider agreements. Yet the way to do this is not outlined in the contract. 

"That hospital and that medical school is critical to that area and how we handle it and how we contract for it is important," said Adley.
 
The committee wants no misinterpretation of the contract in years to come.

Shreveport senators Barrow Peacock and Greg Tarver said they feel like Friday's meeting was a big success.

"I think this meeting is going very well. There were a lot of good questions asked. We can always go back and say that this was put on the record of how things are supposed to work," said Peacock.

"This is just good for Shreveport," said Tarver.

Adley stressed that LSU Health will be a private/public hospital. As such, he said the budget committee will continue to ask for transparency from the BRF as the deal goes through.

 

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