- Associated Press - Thursday, March 20, 2014

SHREVEPORT, La. (AP) - LSU Medical School in Shreveport could add up to 32 new spots for potential doctors in the next five years.

The Times reports (https://bit.ly/1iGgrev ) administrators are weighing expansion plans even as the school maps out a relationship with the privately managed Shreveport and Monroe hospitals it once operated. They estimate service contracts with the hospitals will yield up to $48 million in the 2014-15 budget year.

Dr. Hugh Mighty, vice chancellor for clinical affairs, said the estimate includes $16 million for faculty members teaching work and supervision of residents. Another $30 million could come from payments to the medical school for faculty members’ care of patients.

He said the actual amounts could vary because of patient volumes at the hospitals and outpatient clinics. However, the estimates are based on four years’ worth of financial and statistical information from hospital operations, he said.

Earlier in March, State Rep. Roy Burrell, D-Shreveport, questioned whether the contract would provide enough money to meet a gap between state funding and medical school operating expenses.

The medical school is working out a system to bill the hospital for services, something faculty members never had to do in the past. The billing will be retroactive to October, when Biomedical Research Foundation took over hospital operations through a nonprofit holding company.

“It’s a culture change,” Mighty said of the work to create a time tracking and billing system at the school.


Information from: The Times, https://www.shreveporttimes.com

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