By Chandelis Duster, Phil Karstetter, and David Preut
VCU InSight
Richmond, VA –Tough times are about to get a little tougher for state-funded services, as almost $4 billion in state spending has been cut out of the budget for the next two fiscal years.
Of that $4 billion, $800 million will be cut from healthcare funding resulting in less state spending on medicaid and academic hospitals like MCV.