Mr. Allen leads a team of 1,600 partners in the finance division at OSF HealthCare. During his nine years in leadership at OSF, he and his team have rebuilt its financial systems and processes, established a best-in-class capital management process, improved key results in revenue cycle to top quartile and decile, overseen a 50% increase in assets, cash levels and revenue growth, automated work processes, implemented self-service pricing for patients, and eliminated non-value-add budgeting processes. Another of Mr. Allen’s notable accomplishments was leading OSF to operational profitability following the Covid-19 pandemic. After a difficult labor market in fiscal year 2022, he led margin repair efforts to improve the organization’s operating margin by three percentage points or $140 million year-over-year through a reduction in travelers’ cost, cost efficiencies, renegotiated managed care contracts, value-based contract performance results and net patient revenue growth in excess of cost inflation. Previously, Mr. Allen served as CFO at La Crosse, Wis.-based Gundersen Health System and Winona (Minn.) Health.
