The Journey to Time-Driven Costing

A comprehensive guide to enabling time-driven costing for your organization

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When it comes to cost accounting in healthcare, most organizations have managed with simple, manual workflows and estimations. Many calculate costs using ratios or averages rather than actual data, a practice that has come to represent but not fully depict the reality of the hospital’s operations. With traditional labor costing, data from charges and labor have remained somewhat disjointed, passed through different systems that never entirely match up.
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The Strata Difference

The “Gold Standard” for Financial Planning, Analytics and Performance

#1 in KLAS

For 17 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 clients.


Our client 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.

Proven Integration

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.

Financially Solid

We are part of Roper Technologies, a publicly-traded holding company (NYSE: ROP) with a $50 billion market cap. Our financial stability allows us to invest and innovate to better serve our clients.


We pride ourselves on creating great partnerships with our clients, which is why we provide a six month buyer’s remorse guarantee.