Advisory Services | Strata Decision Technology

The Problem

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.

The Solution

Strata Advisory 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.

Advanced Planning

Optimize financial planning and analytics tools and processes to transition from a budget-based culture to a performance-based culture.

Dynamic Planning: Advance from traditional budgeting to a planning model based on forecasting and performance management.
Capital Planning: Improve the transparency and efficiency of your capital planning, requisitioning and tracking workflows.

Collaborative Improvement

Build a culture of collaboration and drive improvements together with operators and clinicians.

CI Implementation: Transform approaches to analyzing and executing on cost containment objectives through the StrataJazz® Continuous Improvement solution and its automated insights.
CI Transformation Program: Design and deploy a governance and operating model for continuous, collaborative improvement through in-depth comparative analysis, prioritized opportunities and accountability.
Service Line Advancement: Advance service line attribution models, analytics and accountability in alignment with organizational goals.
Performance Management: Develop and roll out financial performance management model with purpose-built metrics, analytics and operating cadence.

Data to Action

Advance the use of data to empower operators and service line leaders with timely and actionable insights.

Provider & Hospital Data Integrity: Optimize complex source data extracts to accurately reflect your organizational objectives and operations.
Data to Action: Deploy purpose-built cost- and margin-focused analytics for operational, clinical and executive stakeholders.
3rd Party Analytics (e.g., Tableau): Design focused analytics packages to address complex and broad business needs.
Costing Augmentation: Integrate legacy cost models and modern costing structures and components to align with your organization’s needs.