Strata Advisory Services
Partner with Trusted Experts
Most organizations lack the capacity and expertise to guide them through significant change, a challenge that is obstructing meaningful progress. When urgency takes priority, health care systems miss the opportunity to align their financial processes with their strategic objectives.
Strata Professional Services deploys functional and operational experts across areas of financial planning, analytics, and performance improvement to design and implement sustainable future state models, managing change across organizations of all sizes and types.
Strata Advisory Services will provide the leverage your organization needs to successfully deploy new approaches, eliminating the need for short-term and ineffective consulting engagements.
We Simplify, Streamline, and Improve
As functional and operational experts, the Strata Advisory Services team assists organizations by helping design advanced planning approaches, augmenting data and structures to inform these approaches, and supporting your team in the communication and rollout of these approaches. We tailor engagements to fit your organization’s unique culture and strategy, ensuring efficient forecasting and individual accountability. Our team can enable the exact mindset, skillset, and toolset necessary to ensure a successful transition to advanced planning methodologies.
- Adopt a Rolling Forecasting
- Optimize Capital Planning for Transparency & Collaboration
- Create a Culture of Performance Management
Strata Advisory Services team guides organizations through the process of developing a robust, data-driven strategic plan that has been stress tested against various market conditions. We help you transform the strategic planning process from an arduous, resource draining, and political process to a shared organizational commitment that unifies the organization and provides operational direction. Our team can establish the strategic vision that unifies the organization and establishes clear, well understood clinical, financial, operational, and strategic imperatives.
- Develop a Data Driven, Scenario Tested Long-Range Plan
- Understand Market Position & Levers for Differentiation
The Strata Advisory Services team helps organizations successfully turn data into action. We leverage change management principles and functional and operational expertise to ensure a successful transition to unleashing your cost data when combined with the right level of service line attribution. Our tailored approach is designed to meet the needs of your organization, with support and deliverables including education, report design, project communications, data use strategy, performance management design, and system infrastructure support. Matching this approach with each organization’s goals and strategy ensures appropriate and sustainable use of this enhanced data.
- Drive Action with Advanced Costing
- Optimize Service Line Structure & Accountability
- Develop a Data Driven Revenue Program
The Strata Advisory Services team helps organizations successfully identify, quantify, and remove excess spend through our proven cost reduction programs. We offer a unique solution set comprised of unequaled technology, with algorithms and benchmarks to identify areas of focus, and unparalleled services, with a deep bench of internal and external consultants with a proven track record of success. We can help you establish a value transformation mindset to cost savings that solves the short-term needs for savings while ensuring efforts enable the long-term needs for growth.
- Execute a High-Cost Transformation Program
- Quantify & Reduce Clinical Variation
With decades of experience utilizing a variety of analytics toolkits to transform data to stories, the Strata Advisory Services team works with organizations to develop a comprehensive analytics suite to support and engage operational users with actionable financial insights. We offer a variety of out-of-the-box analytics to support all components of our platform, as well as customized offerings to tailor the analytics to meet your requirements. Our team can rapidly deploy an analytics program that harmonizes disparate data, engages operational users, and elevates tabular reporting to advanced visualizations and storytelling.
- Shift from Data to Analytics & Insights
- Analytics as a Service
The “Gold Standard” for Financial Planning, Analytics and Performance
#1 in KLAS
For 15 years, we have received the prestigious “Best in KLAS” rating from the “Consumer Reports” of healthcare information technology. This #1 rating for Business Decision Support reflects our focus on delivering world-class experiences for our customers.
Our customer base includes over 400 of our nation’s most prominent healthcare delivery systems. With over 2,000 hospitals in the Strata network, there is not only safety in numbers, but a ton of learning and best practices that are leveraged.
Complete Financial Platform
Our solutions are the enterprise-wide single source of truth for financial planning, decision support, and continuous improvement—one application to cover the entire continuum of care.
Cloud-Based SaaS Solution
Our cloud-based solutions require limited IT staff time for implementation and little to no time for maintenance and upgrades. The end result: lower total cost of ownership.
Our solutions integrate with leading EHR, ERP, and EDW solutions, including two-way integration with EPIC. We are experts at delivering actionable insights by marrying clinical and financial data.
Laser Focused for 20+ Years
For over 20 years we have been 100% focused on building and delivering our solution for healthcare organizations. We are not distracted by other products or markets – we have one product and we built 100% of it.
Rapid Implementation & Results
We consistently implement our solution in less than 50% of the time of other companies. We pride ourselves on delivering a 98% improvement in efficiency and millions of dollars in cost savings.
We are part of Roper Technologies, a publicly-traded holding company (NYSE: ROP) with a $45 billion market cap. Our financial stability allows us to invest and innovate to better serve our clients.
We provide a money-back guarantee and no customer has ever exercised this option. We don’t just reduce the risk of implementing an enterprise application, we eliminate it.