Fox8 seems to be getting it with this piece on today's UMC Board meeting. The report delves into what the Kaufman-Hall presentation might mean for New Orleans:
The consultants said to make the $ 1.2 billion medical complex work $ 75 to $100 million in state funds will need to be infused into it annually to maintain sufficient cash flow.
"And frankly there are a lot of risks out there as well too," said Majka.
"These are not inconsequential risks when I look at the state sources, it's going to be paying for 17 to 20 percent of our budget," said Board member Dr. Byron Harrell.
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