During the Summit, Strata announced the availability of Time-Driven Costing (TDC™) to help healthcare systems better understand their cost and margins in support of their clinical imperatives. TDC is a feature within StrataJazz®, the market’s top-rated application for advanced cost accounting and financial decision support.
STRATA DECISION TECHNOLOGY NAMED TO ‘BECKER’S TOP PLACES TO WORK IN HEALTHCARE’ FOR FIFTH CONSECUTIVE YEAR
CHICAGO, April 16, 2018 — Becker’s Healthcare, one of the leading sources of information for the healthcare industry, has named Strata Decision Technology (Strata) to its list of the “Top Places to Work in Healthcare” for the fifth consecutive year. Strata Decision Technology provides an innovative cloud-based financial planning, analytics and performance platform that is used by healthcare providers to help drive margin to fuel their clinical mission. Strata adds this latest honor to a growing list of awards that includes being ranked #1 in KLAS as the Category Leader for Business Decision Support for the last four years.
“Being recognized by Becker’s Healthcare for the fifth year in a row is incredibly exciting and great recognition of the unique culture we are building at Strata,” said Dan Michelson, Chief Executive Officer at Strata. “Our mission is to ‘help heal healthcare’. With the cost of healthcare in the U.S. now averaging over $10,000 per year for every person, delivering on that goal is more important than ever. I am incredibly proud of our team and we will continue to do everything to ensure every person on our team is given the opportunity to grow and help make a difference for our customers and our company.”
The prestigious list highlights hospitals, health systems and healthcare companies that promote diversity, employee engagement and professional growth and have gone above and beyond to be an exceptional place to work. The organizations featured on this list offer benefits and opportunities for employees to build successful careers above and beyond the average healthcare provider or company; they encourage professional development and promote leadership from within. Many members of the list offer unique wellness and personal benefits to ensure employees strike a positive work/life balance as well as employee recognition programs to highlight their accomplishments.
“Our focus is to create a culture that allows our team to grow, serve, celebrate in support of our customers and our mission,” added Heidi Farrell, Vice President of Team Development at Strata. “Our folks are passionate about our company and our team – they speak openly about how much they respect and enjoy the people they work with every day. We strive to create an environment that truly allows our team to do their most inspired work. We are truly honored that effort is being recognized.”
Strata has a long client list that also received recognition from Becker’s including: Advocate Healthcare (IL), BayCare Health System (FL), Bon Secours Health System (MD), Boston Medical Center (MA), Carilion Clinic (VA), Children’s Health (TX), Children’s Healthcare of Atlanta (GA), Children’s Hospital of Philadelphia (PA), Cleveland Clinic (OH), Covenant Health (TN), Gunderson Health System (WI), Hospital for Special Surgery (NY), Intermountain Healthcare (UT), MemorialCare (CA), New York-Presbyterian Hospital (NY), Methodist Health System (TX), Nemours Childrens Health System (FL), Northshore University Health System (IL), Northwell Health (NY), Northwestern Medicine (IL), Orlando Health (FL), ProMedica (OH), RWJBarnabas Health (NJ), Sharp HealthCare (CA), Saint Luke’s Health System (MO), UnityPoint (IA), University of Missouri Health Care (MO), University of Texas Medical Branch (TX), UPMC Pinnacle (PA), UW Health (WI), and Virginia Hospital Center Health System (VA).
View the entire Becker’s list here.
About Becker’s Hospital Review
Becker’s Hospital Review is a monthly publication offering up-to-date business and legal news and analysis relating to hospitals and health systems. Articles are geared toward high-level hospital leaders, and we work to provide valuable information, including hospital and health system news, best practices and legal guidance specifically for these decision-makers. Each issue of Becker’s Hospital Review reaches more than 18,000 people, primarily acute care hospital CEOs, CFOs and CIOs.
About Strata Decision Technology
Strata Decision Technology provides an innovative cloud-based financial planning, analytics and performance platform that is used by healthcare providers to help drive margin to fuel their clinical mission. Founded in 1996, the Company’s customer base includes 1,000 hospitals and 200 of the most prestigious healthcare delivery systems in the U.S.
The Company’s StrataJazz® application is a single software as a service platform that includes modules for capital planning, continuous improvement, contract modeling, cost accounting, cost management, decision support, financial forecasting, management reporting, operational budgeting, performance improvement and strategic planning.
The Company’s headquarters are in Chicago, IL. For more information, please visit www.stratadecision.com.