As part of the Governor’s LSU hospital privatization plan, in 2013, BRF orchestrated the transition of the two LSU hospitals in Shreveport and Monroe from state to private management in just 135 days. BRF operates the safety net hospitals under its wholly owned subsidiary — the University Health System. Both hospitals are academic medical centers affiliated with LSU School of Medicine. The transition retained more than 3,000 jobs and more than $800 million in annual economic impact for north Louisiana.
InterTech Science Park
BRF maintains and promotes the InterTech Science Park, an 800-acre urban Brownfields, smart growth initiative located in the Kings Highway/Mansfield Road area of Shreveport. The resident companies represent pharmaceutical, digital and entertainment media, drug discovery, venture capital support and environmental industries.
Center for Molecular Imaging and Therapy
The Center for Molecular Imaging and Therapy, formerly the PET Imaging Center, was established as the first positron emission tomography imaging center in Louisiana. It specializes in the production and distribution of radiopharmaceuticals, technologically advanced clinical trials and research opportunities for scientists.
Entrepreneurial Accelerator Program
The Entrepreneurial Accelerator Program (EAP), launched in 2014, seeks out and evaluates new products and ideas, and with its team of professional analysts, helps entrepreneurs determine the best business model for their product, and grooms them to present their product to investors.
Office of Research Development and Administration
BRF created the Office for Research Development and Administration (ORDA) in 2015 to seek and pursue new research initiatives and provide support for the conduct of clinical trials towards new treatments and diagnostics, improvement of patient care and economic development of North Louisiana.
Digital Media Institute at InterTech
The Digital Media Institute at InterTech prepares students through a one-year accelerated program offering experience in animation, visual artifacts and computer graphics for film and interactive gaming in a real-world atmosphere. The Institute’s mission is to deliver rapid 21st century training to students to prepare them for careers in digital media.
EdVentures initiates STEM-related programs and projects for thousands of Caddo Parish students, aiming to provide learners with skills and hands-on experience to prepare future workforce members for excellence in a knowledge economy. BRF raises funds annually to provide resources for the initiative’s advanced, technology-based curricula.