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OSF HealthCare

OSF HealthCare

Integrated health system operating hospitals

Managed Care Strategist

Full-TimeDeadline 8/3/27
$38.75 - $45.59/hr
Senior
Bachelor's
Peoria, IL, USA
Remote

Remote work is open to applicants residing in the listed U.S. states.

About the job

Requirements
  • A bachelor's degree in business or healthcare is required.
  • Five years of related work experience in managed care contracting is required.
  • Excellent interpersonal and communication skills are required.
  • Solid computer skills, including proficiency with Microsoft software, are required.
  • Strong analytical and problem-solving skills, with the ability to be detail oriented, are required.
  • Working knowledge of state and federal managed care regulations, managed care processes, and healthcare delivery system operations is required.
  • Understanding of hospital and professional coding and reimbursement, including revenue codes, Medicare Severity Diagnosis Related Groups, Current Procedural Terminology, and Healthcare Common Procedure Coding System, is required.
  • Exceptional attention to detail, organizational skills, and the ability to manage multiple priorities in a fast-paced environment are required.
Responsibilities
  • Develop terms for and negotiate OSF HealthCare's managed care agreements.
  • Manage the operational performance of payer relationships.
  • Collaborate with OSF leadership across hospitals, physician practices, and ancillary entities to ensure effective contract implementation.
  • Address operational issues and resolve payer-related challenges.
  • Support OSF leadership by assessing regulatory implications, performing gap analysis, and developing detailed project work plans.
Desired Qualifications
  • Prior experience in a multi-hospital system, physician enterprise, or integrated delivery network is preferred.
  • Experience with healthcare reimbursement methodologies, including risk-based arrangements, value-based payment models, bundled payments, and quality incentive programs, is preferred.
  • HFMA Certified Specialist Payment & Reimbursement certification and/or Certified Revenue Cycle Representative certification is preferred.

About the company

OSF HealthCare runs an integrated network of hospitals, clinics, home health and hospice services, nursing education, and digital health offerings such as OSF OnCall. Its care model combines inpatient and outpatient services with hospital-at-home options and a digital health platform, backed by nursing schools and a broader health care business network. It differentiates itself by linking facilities, education, and innovation under one system and by actively investing in and piloting new health care ideas through OSF Innovation and OSF Ventures, all while focusing on Mission Partner well-being. Its goal is to improve health outcomes and expand access to care across Illinois and Michigan through coordinated care, education, and innovative solutions.

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Peoria, Illinois

Founded

1877

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Simplify's Take

What believers are saying

  • OSF brought cancer care back to Saint Paul Medical Center on March 23, 2026.
  • OSF expanded behavioral health, neurology, MFM, and wound services across Peru in 2026.
  • Management targets a 3.5% FY2026 margin, backed by $120 million improvements.

What critics are saying

  • Ottawa replacement-hospital planning reset on December 8, 2025 delays capital and distracts leaders.
  • Fitch cited FY2025 flat operating results, payor denials, and weaker accounts receivable.
  • A sustained margin miss or liquidity slide below 120% triggers rating pressure and covenant stress.

What makes OSF HealthCare unique

  • OSF’s Catholic ministry spans Peoria, Ottawa, Peru, and Little Company of Mary.
  • Pointcore gives OSF enterprise services in IT, supply chain, facilities, and construction.
  • Fitch affirmed OSF’s A+ rating on September 9, 2026, signaling durable market access.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Company News

PR Newswire
Jul 14th, 2026
410 Medical raises $12M to scale emergency care device LifeFlow

410 Medical has secured $12 million in financing to expand its commercial operations and develop its next-generation LifeFlow infuser. Orlando Health Ventures led the oversubscribed round, with participation from Hatteras Venture Partners, Ballad Health, OSF Healthcare, Rex Health Ventures, and several other healthcare investors. The Durham, North Carolina-based medical device company's LifeFlow products are currently used by more than 500 hospitals and EMS agencies across the US to deliver fluids and blood quickly to patients experiencing sepsis, hemorrhagic shock, and other life-threatening conditions. Nearly 80,000 patients have been treated using LifeFlow technology. The funding will support commercial expansion and the launch of an enhanced LifeFlow infuser, planned for 2027. Founded in 2013, 410 Medical received FDA clearance for LifeFlow in 2016.

The Beverly Review
May 6th, 2025
Walk in step with tradition of care

OSF HealthCare, based in Peoria, merged with Little Company of Mary in 2020.

Shaw Local Media
Apr 21st, 2025
Ottawa YMCA to host Spring Into Health Family Health Fair on April 26

The Ottawa YMCA, in partnership with OSF HealthCare, will host the Spring Into Health Family Health Fair from 10 a.m. to 2 p.m. Saturday, April 26, at 411 Canal St, Ottawa.

25 News Now
Apr 9th, 2025
OSF Healthcare names new CEO for Central Region

PEORIA (25News Now) - OSF Healthcare named Kimberly Russo the new CEO for the Central Region this week.

OSF HealthCare
Apr 9th, 2025
OSF HealthCare Launches Youth Advisory Board to Empower Mendota Area Students

OSF HealthCare is excited to announce the launch of its new Youth Advisory Board (YAB), a pilot program of the I-80 Innovation Hub, and is now accepting applications from students in the Mendota area.