The hospital is expected to receive $63 million from the fund this year, down from $88 million last year.
Grady CEO Michael Young has said the layoffs would not affect physicians or nurses.
Read the Augusta Chronicle report on Grady Memorial Hospital.
Read more coverage on Grady Memorial:
– Atlanta’s Grady Hospital Agrees to Provide Dialysis For Illegal Immigrants
– Atlanta’s Grady Hospital Achieves First Profit in 10 Years