“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.

The One Big Beautiful Bill Act extends Trump's expiring tax cuts and adds new deductions for middle-class Americans, including relief for tipped workers, overtime pay and retirees.