President signs budget bill with $1T in healthcare spending cuts

The healthcare industry will see roughly $1 trillion in federal spending cuts over the next decade now that H.R. 1—better known as the One Big Beautiful Bill Act—has been signed into law. Michael McAuliff of Modern Healthcare joins host J. Carlisle Larsen to discuss how the proposed cuts to Medicaid evolved from a wish list item for policymakers to law, and how lawmakers have responded.

You can read Michael’s article about how providers and payers are preparing for those cuts here.