Mar 19, 2013 9:00 AM by AP
BATON ROUGE, La. (AP) - The LSU Board of Supervisors next week will decide whether to turn over management of university-run hospitals in Shreveport and Monroe to the Biomedical Research Foundation of Northwest Louisiana.
LSU board member John George is vice chairman of the board of directors for the nonprofit research foundation that would take over the hospitals if the agreement is approved.
Board members received a proposed outline of an agreement Monday and say they will consider it at a special meeting March 27. George recused himself from Monday's discussion.
The university system is seeking to privatize nearly all of its public hospitals as a way to shrink costs after Gov. Bobby Jindal assigned much of a federal Medicaid funding cut to the LSU hospitals that care for the poor and uninsured.