CHRISTUS Donates Properties and Building to Diocese; Hospital & Office Buildings to Margaret Place Properties

Vicar General Fr. Rothell Price and CHRISTUS Senior Vice President, Group Operations Stephen Wright at a press conference announcing donations.

by Jessica Rinaudo

On July 12, 2017, CHRISTUS Shreveport-Bossier Health System held a press conference at the former CHRISTUS Schumpert Hospital on Margaret Place in Shreveport to announce two big donations to two organizations.

Stephen Wright, CHRISTUS Senior Vice President, Group Operations, said, “Today we are donating to the Diocese of Shreveport, really three different things. There are two pieces of property that we are donating… to the diocese. We are also donating the building that is at 902 Olive… that is where the Breast Imaging Center was.”

Fr. Rothell Price, Vicar General for the Diocese of Shreveport, was present as the diocesan representative. He responded, “On behalf of Bishop Duca and the people of the Diocese of Shreveport, we are truly grateful for this donation from CHRISTUS Shreveport Bossier. We will use this donation to continue to serve the local community. So from these donations, we intend to continue the work that was done here in the healing ministry and in other forms of outreach. So on behalf of Bishop Duca, thank you very much.”

In the second part of the announcement, Wright said the hospital and several medical office buildings will be donated to a new nonprofit called Margaret Place Properties. This 501(c)(3) was formed to support LSU Health Shreveport through the management of donated property to provide an efficient, cost-effective and integrated health care campus for the residents of Northwest Louisiana. The donation includes the hospital facility, several adjacent medical office buildings and parking garage. In addition, CHRISTUS has offered a one-time monetary gift of up to $6.5 million over three years to defray the initial operating and renovation costs.

The donation was completed on June 30 and includes the 18-acre hospital campus, buildings at 1801 Fairfield Ave., 950 Olive St., the parking garage and several other free standing buildings surrounding the campus. CHRISTUS had previously sold the building at 865 Olive to the Martin Luther King Health Center at under fair market value and donated a parking lot on Margaret Place to Loyola College Prep.

More will be announced soon on the Diocese of Shreveport’s plans for these donations.

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