Va. hospitals predict $31B reduction in state’s Medicaid funding if proposed CMS rule passes

Virginia hospitals are sounding the alarm over a proposed federal rule that could slash Medicaid funding by $31 billion if enacted. This rule, part of the reconciliation bill passed last summer, would further cut Medicaid payments to healthcare facilities beyond what Congress and President Trump previously approved. The hospitals argue this move could severely impact patient care and the financial stability of healthcare providers. This development underscores the ongoing tension between federal policy changes and their impact on state-level healthcare systems.