A US Senate health committee is investigating Steward Health’s financial mismanagement, a committee co-chaired by Louisiana Senator Bill Cassidy. Brooke Thorington has more.
Cut 1 (34) …I’m Brooke Thorington.”
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Legislative leaders announce there will not be a special session on tax reform this year. Jeff Palermo has the story…
Cut 2 (33) “…I’m Jeff Palermo.”
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The US Senate Health Committee has voted 16-4 to subpoena the CEO of Steward Health, Dr. Richard de la Torra. Committee Co-Chair Senator Bill Cassidy says they are investigating what led to Steward’s bankruptcy which is severely impacting care at hospitals across the country including West Monroe’s Glenwood Regional Medical Center.
Cut 3 (11) “…West Monroe.”
Due to limited resources at Glenwood, the state forced the facility to operate at one-third of its capacity, which has put a strain on hospitals across the river in Monroe. Cassidy says Steward’s financial mismanagement has had deadly consequences.
Cut 4 (06) “…to treat.”
What happened at Glenwood is not unique. Cassidy says at a Steward-owned hospital in Massachusetts, a woman died after giving birth…
Cut 5 (11) “…Steward’s hospitals”
In June the committee asked de la Torre to testify, but he refused, didn’t offer another date, or have another Steward Health representative appear. Cassidy says this has forced the committee to subpoena him.
Glenwood is one of 31 Steward hospitals across the country.
A hearing is set for July 31st for Steward’s Chapter 11 bankruptcy proceedings and American Healthcare Systems’ bid to be the new owner of Glenwood.
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Talk of a special session next month so that lawmakers can vote to hold a constitutional convention…is dead. Lapolitics.com publisher Jeremy Alford says legislative leaders announced today there are no plans to reconvene in Baton Rouge anytime soon.
Cut 6 (12) “…this fall.”
Alford says Senate leaders have shown no interest in holding a constitutional convention this year.
Governor Jeff Landry pushed for a constitutional convention this year. Landry says the convention could lead to positive tax reform that would give state lawmakers more flexibility during tough financial times. But Alford says making major changes to a state constitution is a huge endeavor.
Cut 7 (10) “…a constitution.”
The state will see a reduction of 600-million dollars in state revenue starting next fiscal year when a temporary state sales tax expires on July 1st, 2025. Alford says changes to the constitution could be needed to respond to this potential budget deficit, but legislative leaders are not ready to hold a constitutional convention…
Cut 8 (06) “…could see that.”
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Phase 2 of the state’s SUN Bucks program begins this week. It’s a program that provides a one-time payment of 120-dollars to low-income families who can use the money to help pay for groceries when children are out of school for the summer months. DCFS Economic Stability Director Timothy Jenkins says EBT cards will be sent in waves over the next few weeks…
Cut 9 (07) “…students.”
Phase 2 recipients include children who have Medicaid insurance, or are part of the FITAP or Kinship Care Subsidy Program.
Cut 10 (07) “…Phase 2 benefits.”
75-thousand EBT cards will go out each week and children will receive a one-time payment of $120. Jenkins says the clock starts as soon as the SUN Bucks are issued…
Cut 11 (05) ” …expunged.”
Phase 2 of SUN Bucks will issue close to $38 million in benefits to more than 320 thousand children around the state.
Phase 3 application period for children not automatically certified in Phases 1 and 2 will open in late August.