Jindal administration cuts to the LSU hospital system will have a negative financial impact on private hospitals in Baton Rouge, Lafayette and elsewhere because they would get more indigent patients, according to a new Moody’s Weekly Credit Outlook report.
Louisiana’s health chief disputed Moody’s conclusion. “It doesn’t look like they have done a lot of their homework,” state Department of Health and Hospitals Secretary Bruce Greenstein said Monday.
The report addresses LSU Health Care Services Division’s plans to lay off employees, reduce the number of hospital beds and discontinue some medical services as it implements a $29 million cut precipitated by Gov. Bobby Jindal’s midyear budget cuts.
Jindal administration cuts to the LSU hospital system will have a negative financial impact on private hospitals in Baton Rouge, Lafayette and elsewhere because they would get more indigent patients, according to a new Moody’s Weekly Credit Outlook report.
