SLS 10RS-203 ORIGINAL Page 1 of 2 Regular Session, 2010 SENATE CONCURRENT RESOLUTI ON NO. 18 BY SENATOR DONAHUE HOSPITALS. Directs the Louisiana State University - Health Care Services Division to fully implement the recommendations from the Alvarez & Marsal, March 23, 2009, financial and operational assessment of the Interim LSU Public Hosptial. A CONCURRENT RESOLUTI ON1 To direct the Louisiana State University - Health Care Services Division to fully implement2 the recommendations from the March 23, 2009, Interim LSU Public Hospital3 Financial and Operational Assessment performed by Alvarez & Marsal.4 WHEREAS, the state of Louisiana faces a severe decline in revenues through Fiscal5 Year 2012 which, if no corrective action is taken, will leave a significant funding gap in state6 government expenditures and will create serious sustainability issues in financing state7 obligations; and8 WHEREAS, it is essential that the state act now to reduce the cost of state9 government through all means available, including efficiencies, economies, greater10 effectiveness, and other means to streamline government in order to overcome the projected11 severe revenue reductions occurring through 2012 and to ensure that available state tax12 dollars are being spent efficiently and effectively; and13 WHEREAS, in January 2009, the Board of Supervisors of the Louisiana State14 University and Agricultural and Mechanical College engaged Alvarez & Marsal to provide15 the services of an interim chief management officer and to lead and assist the Interim LSU16 Public Hospital with the analysis and evaluation of overall business operations; and17 WHEREAS, Alvarez & Marsal conducted a financial and operational assessment of18 SCR NO. 18 SLS 10RS-203 ORIGINAL Page 2 of 2 the Interim LSU Public Hospital of which recommendations were presented on March 23,1 2009; and2 WHEREAS, the recommendations of the Alvarez & Marsal financial and operational3 assessment identified many areas where state tax dollars could be spent more efficiently and4 effectively; and5 WHEREAS, it is imperative and essential that the Louisiana State University -6 Health Care Services Division act now to reduce the cost of operating the interim public7 hospital through all means available, including efficiencies, economies, greater8 effectiveness, and other means which were identified in the recommendations made in the9 Alvarez & Marsal financial and operational assessment.10 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby11 direct the Louisiana State University - Health Care Services Division to fully implement the12 recommendations from the March 23, 2009, Interim LSU Public Hospital Financial and13 Operational Assessment performed by Alvarez & Marsal.14 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the15 Louisiana State University Board of Supervisors and to the Vice President of the Office of16 Health Affairs and Medical Education within the Louisiana State University System Office.17 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Greg Waddell. DIGEST Donahue SCR No. Directs the Louisiana State University - Health Care Services Division to fully implement the recommendations from the March 23, 2009, Interim LSU Public Hospital Financial and Operational Assessment performed by Alvarez & Marsal.