- Associated Press - Wednesday, March 19, 2014

LULING, La. (AP) - An audit finds publicly owned St. Charles Parish Hospital ended the past fiscal year with a cumulative debt of $12.1 million.

Hospital CEO Federico Martinez Jr. tells The New Orleans Advocate (https://bit.ly/1hBymAf ) almost $5 million of the debt was related to a lump-sum pension payment that the St. Charles Parish Hospital Service District, which manages the nonprofit hospital, plans to pay off over a decade.

Martinez said he’s optimistic the hospital will be able to turn around its finances in the near future.

Martinez said in an interview that the hospital is hoping to strengthen an existing relationship with Ochsner Health System, which provides primary and specialty care services at the Luling hospital.


Information from: The New Orleans Advocate, https://www.neworleansadvocate.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide