LSU and the Biomedical Research Foundation of Northwest Louisiana (BRF) entered into a Cooperative Endeavor Agreement on Sept. 30, 2013, for BRF to operate the Shreveport Hospital in Shreveport and University Health Conway in Monroe.
LSU is charged by Louisiana statute with the ownership and operation of 10 state-owned hospitals. The Shreveport and Monroe hospitals, along with the LSU School of Medicine at Shreveport, constitute an "academic medical center" for purposes of providing education and training to residents, students and other health care professionals.
On Thursday, Sept. 24, LSU served formal notice to the Biomedical Research Foundation of Northwest Louisiana, or BRF, of breach of the public purpose set forth in the agreed upon Cooperative Endeavor Agreement, or CEA, and that pursuant to the CEA, BRF must withdraw as the parent company of University Health System.
Patients, hospital staff and the community at large can rest assured that the University Health hospitals will continue to operate as usual during this period.
LSU pledges its continued commitment to provide unparalleled medical care in the Shreveport and Monroe communities. Its primary interest is in securing operational and financial stability through a viable partnership so it can continue to grow the hospital and the medical center, and ensure high-quality medical education.