Strata Decision Technology

Strata Decision Technology
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Strata Decision is a pioneer and leader in the development of innovative SaaS solutions for financial analytics, business intelligence and decision support. Our solutions are used by over 1,000 healthcare organizations, including many of the largest and most influential healthcare systems in the U.S. We provide a single integrated platform for budgeting, decision support, forecasting, strategic planning, and capital, plus a full range of services, including implementation, integration & support.

Strata Decision Technology

 •  January 31

Press Release - STRATA RANKED #1 IN KLAS FOR BUSINESS DECISION SUPPORT FOR FOURTH CONSECUTIVE YEAR Prestigious “2018 Best in KLAS: Software & Services Report” Once Again Names StrataJazz® the Top Cost Accounting Application Based on Customer Experience CHICAGO, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Strata Decision Technology (Strata), a pioneer and...

Strata Decision Technology

 •  January 17

A recent survey of 100 hospital and healthcare executives conducted by Strata Decision Technology and Becker's Healthcare found 90 percent of respondents don't know their cost to provide services. More than $1 trillion in healthcare spending flows through hospitals annually, making hospital systems critical players in managing and reducing national...

Strata Decision Technology

 •  January 10

View Original Article here View PDF here The recent breathtaking flurry of mega-mergers coupled with increasingly challenging market forces and an ever shifting political landscape has cast a cloud of confusion regarding where the U.S. healthcare delivery system is heading. So, where do you go to find the map? Every year, the JP Morgan Healthcare...

Strata Decision Technology

 •  November 21, 2017

November Print Edition View digital version here View PDF here As the business model of healthcare continues its long- term shift away from fee-for-service to fee-for-value, CFOs are starting to shift their focus from strictly driving the top line to figuring out how to help their organizations drive the bottom line in a value-based...

Strata Decision Technology

 •  October 12, 2017

Annual Strata Decision Technology User’s Conference Provides Comprehensive Look at Best Practices in Healthcare Planning and Performance Aurora Health Care and CGH Medical Center Receive 2017 LEAP Awards “The never-ending changes in healthcare makes it mission critical for leaders in hospitals and health systems to create lift by developing new...

Strata Decision Technology

 •  October 9, 2017

View original article here Health Care's Dirty Little Secret_Crain's Chicago Business As Dan Michelson sees it, few hospital executives know how much medical procedures actually cost. "The dirty little secret in health care is that everybody's flying blind," says Michelson, CEO of Strata Decision Technology. ​ He has a tool that is giving more and...

Strata Decision Technology

 •  September 29, 2017

View original article here View PDF : Fireside Chat with Advocate Healthcare's New CIO_Becker's Healthcare 9.29.2017 Strata Decision Technology CEO Dan Michelson recently sat down with Advocate Healthcare CIO Bobbie Byrne, MD, for a "fireside chat" on her views of current challenges, changing roles and consumerism in healthcare today. Dr. Byrne,...

Strata Decision Technology

 •  September 5, 2017

View original article here View PDF here Bundled payment models have posed new challenges and revealed gaps in financial knowledge that hospitals must address quickly to stay profitable in a value-based industry. Jennifer Ittner, director of continuous improvement at Strata Decision Technology, spoke with Becker's Hospital Review about hospitals'...

Strata Decision Technology

 •  August 7, 2017

Ask 10 different healthcare professionals to define "cost," and their answers may surprise you.
That's because cost accounting in healthcare is increasingly about more than just the resources and capital spent to perform a medical procedure. As hospital systems begin to prepare for care delivery under value-based payment models, understanding their...

Strata Decision Technology

 •  August 7, 2017

The health system's approach to delivering value to patients realizing cost-efficiency gains from consolidation, cost-cutting, and the deployment of a new performance-measurement methodology.
The leadership team at Yale-New Haven Health System, which operates four hospital campuses in Connecticut, is striving to make value a core cultural element...