The current UMC design, which Jerry Jones said was "final" is anything but final. In fact, the entire design is pretty much back on the table:
But Dr. Fred Cerise, LSU’s vice president for health affairs, said the back-and-forth has not yet resulted in changing the size and scope of the medical complex now projected at 424-beds.
Size and scope – the number of beds and what services the hospital will offer – is a primary component of UMC’s projected revenues and expenses, which, in turn, are at the crux of the board’s request that the Federal Housing Administration back a planned $400 million bond sale. That money is necessary to complete to the projected $1.2 billion construction budget.
At a recent UMC board meeting, UMC consultants confirmed FHA analysts had flagged “size and scope” among several broad issues with their “pre-application” for mortgage insurance. Cerise said this week that details about size and scope aren’t likely to change until the consultants complete a more thorough financial feasibility study in advance of submitting a final application to FHA, a division of the Department of Housing and Urban Development.
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