Category: Advanced Cost Accounting

Q&A: Executives Discuss Cost Accounting Obstacles, Opportunities

Feb. 15—Hospitals and health systems are increasingly pushing to better identify and reduce costs of care. As part of that effort, the HFMA-Strata L7 Cost Accounting Adoption Model, known as the L7 Model, was introduced earlier this week. HFMA interviewed senior executives with two industry-leading providers to get insight on why cost accounting is seen as increasingly…

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Time-Driven Costing™ Released for Cloud-Based Advanced Cost Accounting Solution Currently Deployed at Over 100 U.S. Healthcare Delivery Systems

Understanding how to drive clinical and financial value is critical in this new healthcare environment. Dan Michelson, CEO of Strata Decision Technology, and Steve Allegretto, vice president of value innovation and strategic analytics at Yale-New Haven (Conn.) Health System, are using data analytics to develop this core competency at Yale-New Haven.

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BAPTIST HEALTH SAVES $200,000 BY PROVIDING DASHBOARDS

Strata customer, Baptist Health in Arkansas used StrataJazz to help service line leaders monitor their financial performance, resulting in $200,000 in savings.

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STRATA NAMED “BEST IN KLAS” FOR THE FOURTH CONSECUTIVE YEAR

Strata was recently named “Best in KLAS” for Business Decision Support for the fourth year in a row, reflecting our #1 focus of delivering a world-class experience for our customers.

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