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How a Growing Health System Leveraged an Innovative Solution to Reduce Costs and Enhance Change Management

During a time of significant change for OSF HealthCare — amidst recovery following the COVID-19 pandemic and supporting 40% growth with expansion in five markets — OSF was able to realize significant savings by embarking on an innovative data intelligence engagement. Through a strategic partnership with Pointcore and TADA Cognitive Solutions, they realized over $108 million in cost savings and exponential efficiency gains. 

CHALLENGE

OSF partnered with Pointcore to address operational challenges impacting visibility and performance. Pointcore’s Data Intelligence leaders assessed internal systems and processes across the organization to identify gaps exacerbated by growth, resulting in fragmented visibility. They then aligned the leadership of OSF around a shared strategy and clear path forward. As part of an effort to preserve and improve healthcare, OSF had onboarded five hospital campuses across five markets, leading to growth across all aspects of the health system — namely 67% growth in assets under management, which impacted operations including supply chain, biomedical healthcare technology management and IT. They needed to find a way to drive synergies and efficiencies while building trust and visibility. 

SOLUTION

OSF HealthCare partnered with Pointcore to uncover a solution that would help the health system solve their operational challenges. Pointcore’s Data Intelligence leaders reviewed the internal landscape and processes of various operations at OSF and determined that there were gaps exasperated by growth, causing fragmented visibility. They aligned the leaders of OSF around a common goal.

*TADA US Patent: US 10,909,160 B2 

RESULTS

The new solution used advanced analytics to deliver immediate value to OSF, providing real-time insights and continuously adapting to support smarter decisions across the enterprise.

In HTM, the department was tackling challenges that are common for any health system but exasperated by the growth of OSF. These efforts included control of asset management and planning due to lack of visibility across the organization, effective capital planning to apply logic and priority to the process, resource forecasting and efficiencies, and data integrity and reporting. The HTM module has driven improvements including early successes.

In supply chain, efforts to find ways to improve the operational aspects of contracting and procurement are underway, projected to deliver value through improvements in operations that were untapped with existing processes and ERP systems. 

An example of operational impact for the organization from the Supply Chain module was in improvements from being able to set parameters that allow for “target opportunities” to rise to the top. This effort resulted in a reduction in analytical functions associated with searching for opportunities to standardize spend directed towards non-approved sources and products. Additionally staffing levels were able to be maintained despite 67% growth in assets and 40% growth in markets served. 

Implement Data Intelligence Solutions at Your Health System with Pointcore.

OSF HealthCare is a large, integrated health system founded by The Sisters of the Third Order of St. Francis, headquartered in Peoria, Illinois. OSF employs over 26,000 people and serves communities across Illinois and Michigan through 16 hospitals, 170+ locations and over 2,100 licensed beds. OSF also offers a variety of other services, including colleges of nursing, home health services, philanthropic foundations and more.

In the spirit of Christ and the example of Francis of Assisi, the Mission of OSF HealthCare is to serve persons with the greatest care and love in a community that celebrates the Gift of Life.

TADA empowers businesses with Ultimate Command & Control of their supply chains, delivering real improvements in cost, cash, carbon and revenue. Powered by our AI-Enabled Digital Twin platform, TADA’s low-risk, easy-to-buy solutions connect siloed data and operations to deliver real-time visibility, actionable insights, multi-enterprise collaboration and scenario planning. TADA operates mission-critical solutions for some of the most complex supply chains of Fortune 500 companies in manufacturing, healthcare and CPG, enabling them to act with clarity, optimize operations and better serve the world’s needs.  Learn more about the magic behind TADA’s technology at tadanow.com

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