“Medicaid really is a foundational pillar of hospital financing in the U.S., particularly for those hospitals that serve low-income, elderly or disabled populations across the country,” said Alan Condon, the editor-in-chief of Becker’s Healthcare, a health care business news publication.

Virginia’s hospitals are sounding the alarm after President Donald Trump signed his big beautiful bill into law. The latest data from the non-partisan Congressional Budget Office found that about 11.8 million people could lose their health insurance as a result of cuts made to Medicaid and other programs.