For most of the year a rumor has circulated in our neighborhood regarding the Lindy Boggs Medical Center. That’s the hospital at Jeff Davis and Bienville which old-timers still call Mercy. It’s the same hospital that was knocked out of commission by flooding. Most recently it was in the news when Tenet Health Care sold the property to Victory Real Estate Investments for redevelopment as a massive retail outlet.
After Katrina, when Oschner bought a number of properties from Tenet, they took a pass on the Lindy Boggs facility. And that’s where the rumor comes in: Supposedly, as a part of the big deal between these giants, a covenant was put on the Lindy Boggs facility stipulating that it could not be sold to any health care provider for some number of years.
Standard business procedure, eliminating potential competition. But in a community recovering from a massive disaster, it just leaves a bad taste in your mouth.
It was never covered in the media to my knowledge, but that rumor now seems to be confirmed. A group of physicians was poised to buy the facility and re-open it as a hospital. They would have paid what Victory paid. But they couldn’t close the deal, apparently because of the covenant. My source is a doctor who has first-hand knowledge of the deal.
So there you have it. Oschner screwed us. Instead of the restoration of the health care facility we desired, my neighborhood gets a shopping mall. I have friends who work for Oschner, fine people, and I’m sure they provide decent care. It’s all in the past now anyway, water under the bridge. But I’ll never forget.
I’m so angry I could puke.