Leading Digital Health Company Once Again Joins Inc. Magazine’s Exclusive Ranking
Chicago, August 12, 2015 -- Inc. magazine today announced that Strata Decision Technology (Strata) has been named to the 34th annual Inc. 500/5000, an exclusive ranking of the nation's fastest-growing private companies, for the third consecutive year. The list represents the most comprehensive look at America’s independent companies.
Seven million private companies in the U.S. aspire to be on the list annually. Over the years, the exclusive Inc. list has included leading technology companies such as Facebook (FB), Microsoft (MSFT), Intuit (INTU), LinkedIn (LNKD), Oracle (ORCL) and Zappos (AMZN).
“Our team at Strata is honored to be recognized by Inc. as one of the fastest-growing companies in the U.S. for the third consecutive year,” stated Dan Michelson, Chief Executive Officer of Strata. “Our goal is to make a meaningful contribution in solving the healthcare cost crisis, and our growth demonstrates we are making progress. As our annual healthcare spending as a nation is projected to exceed $5 trillion within 10 years, it is clear there is a lot of work to do. With our cloud-based solution used by one of five hospitals nationwide we’re perfectly positioned to help.”
Strata provides an innovative cloud-based financial analytics and performance platform that is used by healthcare providers for financial planning, decision support and continuous cost improvement. Founded in 1996, the company's customer base includes 1,000 hospitals and many of the largest and most influential healthcare delivery systems in the U.S. The company was also named the winner of the 2014 Chicago Innovation Award and is ranked #1 in KLAS, the ‘Consumer Reports’ of healthcare information technology, as the Category Leader in Decision Support in Business.
This marks the last year that Strata is eligible for the Inc. 500/5000 list as the company was purchased in January, 2015 by Roper Technologies (NYSE: ROP). Roper is a publicly-traded company that identifies great niche technology companies and then helps enhance their offerings and support their long-term growth. Strata is now part of the company’s Medical and Scientific Imaging Segment and looks forward to continued growth under Roper’s ownership.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.