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Questions Remain For Revised Financing Plan For LSU Hospital Privatization Deals

 
Questions Remain For Revised Financing Plan For LSU Hospital Privatization Deals
Posted Wednesday, August 20th 2014 @ 1pm

Gov. Bobby Jindal's revised financing plan for six LSU hospital privatization deals is running into questions from federal health officials who rejected a previous version.

The state health department on Wednesday released the three-page question letter from the U.S. Centers for Medicare and Medicaid Services, or CMS.

Jindal privatized nearly all the LSU hospitals without waiting for federal officials to sign off on financing arrangements that rely on millions of federal Medicaid dollars.

In May, CMS rejected the plans for six hospital deals, saying the agreements don't meet federal guidelines. So, the state Department of Health and Hospitals sent a new proposal.

DHH Secretary Kathy Kliebert says the questions are a typical part of the process and "positive sign" the revised financing plan could be approved.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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