Jun 20, 2024

A Closer Look At OSF Healthcare’s Provider Incentive Strategy & Automation System

ARTICLE TOPICS

 

OSF Healthcare (OSF), a prominent healthcare organization operating across 15 hospitals in central Illinois, prioritizes delivering high-quality care. ProCARE had a transformative role in driving value and team-based strategies across regions through provider incentive compensation strategy, management, and a robust automation system.

The Partnership

OSF Healthcare partnered with ProCARE in its groundbreaking path to refine its compensation frameworks and confront the intricate challenges of departmental integration, data transparency, and operational efficiency head-on. ProCARE’s revolutionary platform is equipped with a powerful rules engine and robust support from the Professional Services (PS) team, designed to seamlessly integrate complex data streams across Finance, Operations, and Human Resources. 

This strategic move towards employing advanced technology and expert guidance has been pivotal in crafting a comprehensive and adaptable compensation system. By leveraging ProCARE’s capabilities, OSF has not only streamlined administrative processes but also significantly empowered its providers, ensuring alignment with the organization’s strategic objectives. 

The transformation facilitated by ProCARE’s sophisticated rules engine, dedicated PS team, and superior data integration, showcases OSF’s commitment to setting a benchmark for compensation management automation system within the healthcare sector.

Key Outcomes: A Robust Compensation Automation System

OSF’s journey from compensation challenges to a strategic, value-driven approach, leveraging technology and innovation, positions them as an industry leader. The commitment to transparency, continuous improvement, and alignment with evolving healthcare landscapes reflects OSF’s dedication to delivering high-quality care through effective provider incentive compensation management. 

The decision to leverage a flexible compensation platform has set up OSF stakeholders for success and enabled the organization to leverage compensation to achieve its strategic goals. OSF’s provider incentive compensation system exemplifies a commitment to high-quality care, strategic value-based approaches, and team-based strategies. ProCARE’s technology empowers OSF as a leader in maximizing opportunities in the dynamic healthcare delivery landscape.Discover how ProCARE transforms provider incentives with advanced automation and streamlined compensation models.

Read the full case study and hear from the OSF team about their experience with ProCARE!

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ProCARE partnered with a leading cancer treatment center to reduce compensation errors and overhead and improve provider trust.

ProCARE understands the business of compensation. They were our guides for building a platform for today and for the future.”

– Mat Hanley,
   VP of Finance

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