Universal Health Services saw revenues increase in the fourth quarter of 2018, but the King of Prussia, Pa.-based company's net income declined year over year.

Dallas-based Tenet Healthcare made more than $1 billion in proceeds from the divestiture of hospitals and other facilities in roughly one year.

Franklin, Tenn.-based Community Health Systems will offer $1.58 billion of senior secured notes and use the proceeds to repay outstanding term loans.

California Assemblymember Patrick O'Donnell, D-Long Beach, has introduced a bill that would require hospitals to provide more notice before closing or eliminating services.

Salem, Va.-based LewisGale Regional Health System emergency room physicians are out of network with Anthem, which has created billing problems for patients, according to The Roanoke Times.

Lawmakers in North Carolina are taking aim at the state treasurer's proposal to shift the state's health plan to a payment model that reimburses providers based on a percentage above what Medicare pays, according to local news station WRAL.

The following six health systems recently released financial updates:

Phoenix Children's Hospital posted a net loss in its most recent fiscal quarter due to investment losses, according to unaudited bondholder documents.

Several large health systems — Rochester, Minn.-based Mayo Clinic; Englewood, Colo.-based Catholic Health Initiatives; Partners HealthCare in Boston; Baylor Scott & White in Dallas; and Duke University Health System in Durham, N.C. — have recently reported significant investment losses, according to Juniper Advisory.

With enrollment in high deductible health plans on the rise, patient payments now make up a larger share of hospital revenue. As collecting patient payments has become more important for hospitals' fiscal health, traditional means of collection fall short of meeting modern patients' consumer experience expectations.

Michael Breslin serves as CFO of NewYork-Presbyterian, a New York City-based academic health system, where he is responsible for areas including financial reporting, financial planning, revenue cycle, budget, reimbursement and cost accounting.

S&P Global Ratings lowered its rating for Milford (Mass.) Regional Medical Center from "BBB-" to "BB+."

Moody's Investors Service affirmed its "A2" rating for Burlington-based University of Vermont Health Network, affecting $313 million of rated debt.

Little correlation exists between what a patient pays for a service and the amount an insurer pays or the overall price of a procedure, according to a new study from right-leaning think tank Pioneer Institute.

Although cost influences patient decisions about where to receive care, 57 percent of health systems did not offer this information before a procedure or treatment in a study conducted by patient financial engagement company VisitPay.

This past holiday season, the Centers for Medicare & Medicaid Services (CMS) decided it was time to turn up the heat on Accountable Care Organizations (ACOs). On December 21st, CMS issued a final rule named “Pathways to Success” that drastically restructures the Medicare Shared Savings Program (MSSP) and expedites the time that ACOs have before they need to take on more risk.

Kentuckiana Medical Center in Clarksville, Ind., and its affiliated clinics will close April 27, according to the News and Tribune.

Nashville, Tenn.-based Vanderbilt University Medical Center reported higher revenue and operating income during the first half of fiscal year 2019 than in the same period of the year prior, according to recently released unaudited financial documents.

Wellness Solutions Geriatrics, a Nashville, Tenn.-based healthcare staffing company, hasn't paid roughly 100 employees in two months, according to the Tennessean.

Below are 10 hospitals and health systems that posted job listings seeking CFOs during the past week.