New Campus Development
By Stan Shelton

As you know, we suspended construction of the new hospital campus in January due to the economic downturn and the resulting collapse of the credit markets.  Since then, additional factors have emerged that impact our timing for moving forward with the project:

• The greater Baton Rouge area is now beginning to feel some of the economic decline other regions of the nation have been grappling with for months.

• We have experienced some drop in patient volumes.

• The hospital’s investment portfolio has experienced some losses.

 Two other significant issues have also arisen: 

• The uncertainty of how national healthcare reform will impact us 

• The proposed cuts in provider payments by the State’s Medicaid program.

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We Can Do This! 
By Teri Fontenot

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