Hospitals are expecting a significant loss in Medicaid funding. The daily loss is anticipated to be $27 million. This shortfall is a result of a decision to withhold approval for certain programs. The affected programs include the Comprehensive Hospital Increase Reimbursement Program, which provides additional funding to hospitals to cover the difference between Medicaid payments and actual costs.

The program helps hospitals that often receive less than their expenses for Medicaid patients. A decision by the Trump administration led to the withholding of approval for about $9.8 billion in funding for the next year. Further details on the impact of this decision are available from the source.