Procare HR Company Profile

Background

Overview

Procare HR is a Minnesota-based Professional Employer Organization (PEO) specializing in comprehensive human resources (HR) solutions tailored for organizations that serve seniors and individuals with disabilities. Founded in 2015, the company has grown to become a leading provider in the Midwest, partnering with over 13,000 employees across various care organizations.

Mission and Vision

Procare HR's mission is "caring for people who care for people," reflecting its commitment to supporting care providers by managing the complexities of HR functions, thereby enabling organizations to focus on delivering quality care.

Industry Significance

As a PEO, Procare HR plays a crucial role in the senior and disability care sectors by offering specialized HR services that address the unique challenges faced by these organizations, including compliance, risk mitigation, and workforce management.

Key Strategic Focus

Core Objectives

Procare HR aims to alleviate the burden of managing HR tasks for care organizations, allowing them to concentrate on providing exceptional care to their clients.

Areas of Specialization

HR Strategy & Compliance: Performance management, compensation planning, employee engagement, and retention strategies.

HR Administration: New hire onboarding, terminations, and reporting.

Payroll Processing: Accurate and timely payroll services.

Employee Benefits: Navigating healthcare offerings and administration.

Workers' Compensation: Management of claims and workplace safety programs.

Technology Solutions: Comprehensive HR software suite for data entry, tracking, and reporting.

Talent Acquisition: Recruiting and retaining qualified staff.

Labor Management: Reducing labor costs while maintaining quality care.

Key Technologies Utilized

Procare HR employs a comprehensive technology suite for HR services, including an all-in-one HR software platform that streamlines data entry, tracking, and reporting.

Primary Markets Targeted

The company primarily serves organizations in the senior and disability care sectors, including assisted living facilities, nursing homes, senior housing, and disability services.

Financials and Funding

Funding History

Specific details regarding Procare HR's funding history, total funds raised, and recent funding rounds are not publicly disclosed.

Notable Investors

Information about notable investors in Procare HR is not publicly available.

Utilization of Capital

The company has utilized its capital to expand its service offerings, enhance technological capabilities, and grow its workforce to better serve its clients in the senior and disability care sectors.

Pipeline Development

As a service-oriented company, Procare HR does not have a product pipeline or clinical trials. Instead, it focuses on continuously improving its HR service offerings and expanding its client base within the care industry.

Technological Platform and Innovation

Proprietary Technologies

Procare HR utilizes a proprietary HR software suite that integrates various HR functions, including payroll processing, benefits administration, and compliance tracking, to streamline operations for care organizations.

Significant Scientific Methods

The company employs data-driven approaches to HR management, utilizing analytics to inform performance management, compensation planning, and employee engagement strategies.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, Procare HR's technology suite likely incorporates advanced data analytics to enhance HR decision-making processes.

Leadership Team

Key Executives

Brett Landrum: Founder and Co-CEO. Brett has extensive experience in HR and healthcare leadership, having founded Procare HR in 2015 to address the unique HR challenges faced by care organizations.

Paul Jarvis: Executive Vice President of Sales & Marketing. Paul leads the company's sales and marketing strategies, focusing on expanding Procare HR's reach within the senior and disability care sectors.

Christine Cox-Aubin: Chief Commercial Officer. Christine oversees commercial operations, ensuring that Procare HR's services align with client needs and market demands.

Leadership Changes

Specific details regarding recent leadership changes or appointments within Procare HR are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The HR services market for care organizations is growing, driven by increasing demand for specialized HR solutions that address compliance, risk management, and workforce optimization in the senior and disability care sectors.

Competitor Analysis

Procare HR faces competition from other PEOs and HR service providers specializing in the care industry. Notable competitors include:

Deel: An all-in-one HR platform built to hire, manage, and grow global teams, offering a full suite of HR tools, US and global payroll processing, and comprehensive compliance.

Justworks: Provides payroll, HR, compliance, time tracking, remote hiring, benefits, and more, offering big-company benefits, automated payroll, compliance support, and HR tools all in one place.

Strategic Collaborations and Partnerships

Procare HR has established affiliations with various industry associations and companies to enhance its service offerings and maintain high standards of service and support.

Operational Insights

Procare HR differentiates itself through its exclusive focus on the senior and disability care sectors, offering tailored HR solutions that address the unique challenges faced by these organizations. This specialization allows Procare HR to provide in-depth expertise and personalized service to its clients.

Strategic Opportunities and Future Directions

Strategic Roadmap

Procare HR aims to expand its service offerings, enhance technological capabilities, and grow its workforce to better serve its clients in the senior and disability care sectors. The company is also focused on increasing its market presence across the United States.

Future Business Directions

Procare HR plans to continue developing its HR software suite, incorporating advanced data analytics and AI-driven capabilities to provide more efficient and effective HR solutions for care organizations.

Opportunities for Expansion

The company sees opportunities to expand its client base by offering specialized HR services to a broader range of care organizations, including home health agencies, hospice providers, and long-term care facilities.

Positioning for Future Objectives

Procare HR's commitment to its mission and its specialized focus on the care industry position it well to achieve its future objectives, including expanding its service offerings and increasing its market presence.