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NJ Hospitals Face $3.6B Medicaid Cut, 350K May Lose Coverage
Published 1 month, 1 week ago
Description
New Jersey hospitals face a staggering $3.6 billion annual hit due to federal Medicaid cuts, potentially leading to closures and loss of coverage for up to 350,000 low-income residents. Governor Sherrills budget proposal partially addresses the issue but leaves state taxpayers as the primary safety net. Hospital leaders warn of dire consequences, while lawmakers negotiate budget adjustments before July 1st.
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