A significant shortfall in Medicaid funding is expected to impact hospitals. The loss is estimated to be $27 million per day. This reduction is a result of a decision made by the Trump administration.

The administration withheld approval for a substantial amount of funding, approximately $9.8 billion, for the next year. Further details about this decision and its impact are available from the source. The funding reduction is set to begin with the start of the new fiscal year.

For more information on this development, readers can refer to the original report by Terri Langford, The Texas Tribune.