BATON ROUGE — The privatized state hospitals that care for the uninsured are likely to take steep financing reductions over the next four months that could lead to rationed patient care and lengthy wait times for services, lawmakers were told Tuesday.

Jeff Reynolds, chief financial officer for the Department of Health and Hospitals, said the best-case scenario of cuts his agency faces to help rebalance Louisiana’s budget would strip about $130 million from the payments to hospital operators before June 30.

The hospital managers, Reynolds told the House Appropriations Committee, would have to reduce patient care in response, which could cause long

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