Texas hospitals expect to lose $27 million a day in Medicaid funding starting Tuesday

Starting Tuesday, at the beginning of the state's new fiscal year, Texas hospitals are projected to lose $27 million per day in Medicaid funding. This financial shortfall stems from a decision by the Trump administration to withhold approval for approximately $9.8 billion in funding for the state.

The reduction in federal support represents a significant shift in healthcare financing for Texas. The loss of these funds is expected to impact the operational capacity of hospitals throughout the state as the new fiscal cycle commences.