- Associated Press - Friday, October 21, 2016

BATON ROUGE, La. (AP) - The operator of LSU’s hospitals in Shreveport and Monroe has paid the $5.3 million it owed the state for disputed billings, a few days late.

Gov. John Bel Edwards’ administration confirmed that the payment arrived in the escrow account Friday morning, as promised by the Biomedical Research Foundation of Northwest Louisiana.

The research foundation, known as BRF, missed an earlier deadline this week to make the payment as required by its reworked contractual arrangement with the state.

The $5.3 million is being set aside for billings BRF disputes with LSU, leaving it in escrow while an outside arbiter determines whether the university’s Shreveport medical school should receive the money.

The payment was part of renegotiated terms the Edwards administration reached with the research foundation earlier this month.


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