The Louisiana state government made a motion to terminate its management contract with Shreveport, La.-based Biomedical Research Foundation of Northwest Louisiana, which operates Louisiana State University's hospitals in Shreveport and Monroe, after it refused to accept the terms of the renegotiated contract, according to The Daily Progress.
BRF officials said they rejected the new agreement because the terms offered by the state were unfair, according to the article.
Steve Skrivanos, chairman of the board of directors for Shreveport, La.-based University Health, which is operated by BRF, said in a statement that the administration wants BRF to increase its payments to LSU by roughly $37 million, give millions in electronic health records software and licensing to the university without compensation and agree to new grounds for termination of the contract, according to the article.
The organizations have 45 days to continue negotiations until the state will officially seek to cut ties, according to the article.
Apart from BRF, all the other hospital and clinic operators accepted renegotiated agreements with the administration, according to the article.