St. Louis-based BJC HealthCare saw its operating income quadruple in 2019 and also saw its net income climb nearly sevenfold compared to 2018, according to recently released financial documents. 

Nashville, Tenn.-based Vanderbilt University Medical Center saw its operating income and revenue grow in the first half of fiscal year 2020 compared to the same period one year prior, according to recently released unaudited financial documents.

Six Chicago hospital systems and the American Medical Association will invest $6 million in local businesses and organizations on the city's West Side over the next several years.

CFOs need to be trustworthy financial stewards of an organization, and it's critical that employees and external stakeholders view them as such, writes Forbes contributor Joseph Holt. 

Mayo Clinic reported higher revenue in 2019, and the Rochester, Minn.-based health system's operating income surged past $1 billion, according to financial documents released Feb. 25.

Boston-based Dana-Farber Cancer Institute's revenue increased year over year in fiscal year 2019, but its net income declined, according to financial documents released Feb. 24.

Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.

A man in Miami went to Jackson Memorial Hospital last month to receive a test for coronavirus after developing flu-like symptoms. He didn't have the virus, but he was hit with a $3,270 medical bill, according to the Miami Herald.   

On Feb. 24, UnitedHealth Group saw its shares tumble toward their worst day in nearly nine years after Sen. Bernie Sanders, I-Vt., took home a big victory in the Nevada Democratic caucuses, according to MarketWatch.

An Alabama woman received an emergency appendectomy at Flowers Hospital in Dothan, Ala., in May 2016. Three years later, the hospital sued her for nearly $37,000, which included a $31,000 bill plus interest, according to CBS News.

Nashville, Tenn.-based HCA Healthcare no longer plans to close Plantation (Fla.) General Hospital when it completes a new hospital in Davie, Fla., according to the South Florida Business Journal.

Tenet Healthcare saw its revenue increase in the fourth quarter of 2019, which helped the Dallas-based system end the period with a profit.

Philadelphia-based Temple University Health System saw its financial position improve in the six months ended Dec. 31, according to unaudited financial documents released Feb. 21.

CFOs are starting to adapt as more candidates press for higher salaries amid a tight labor market, The Wall Street Journal reports.

Cincinnati Children's has received the largest donation in its history, a $36 million gift from a Cincinnati-based foundation, according to the Cincinnati Enquirer.

Clinics run by UnitedHealth Group, Blue Cross and Blue Shield, and CVS Health have hospitals worried that patients may be steered away from their doors, according to The Wall Street Journal.

Cost-cutting is often seen as a necessary strategy to sustain day-to-day operations of hospitals and health systems. Today, $130 million of $1 billion in revenue is seen as the average amount of cumulative cost reduction needed to maintain a 4 percent operating margin through 2024, according to Moody's Investors Service.

From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals and other healthcare organizations to file for bankruptcy.

The following 11 health systems recently released their financial statements for the three, six or 12-month periods ended Dec. 31:

Insider Monkey, a financial news publication, ranked the most popular healthcare stocks among hedge funds at the end of December 2019.