Margin + Mission

We wrote the book on cost.

The goal of Margin + Mission: A Prescription for Curing Healthcare’s Cost Crisis is to share ideas to help solve the cost crisis in healthcare.  Now in its second printing Margin + Mission is helping to fuel conversation. All stakeholders agree that in order for healthcare to be healthy, the time is now to find the prescription and without margin, there is no mission.

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Achieving Success with Bundled Payments: A Case Study with The Ohio State University Wexner Medical Center

Elizabeth Lipinski, MS - Associate Director of Analytics, Anne Stockton - Financial Analysis Consultant & Adam Kowalski - VP Product Management

The Ohio State University Wexner Medical Center, The James Cancer Center Hospital and Solove Research Institute & Strata Decision Technology

Activity Based Budgeting: An Implementation Update with Nebraska Medicine

Kristi Atkinson - Manager, Budget & Cost Accounting

Nebraska Medicine

Advancing Decision Support at Wake Forest Baptist Health

Joseph Hilburn - Manager Decision Support

Wake Forest Baptist Health

Best Practices in Budgeting at a Multi Site Health System

Jennifer Ulrich - Director, Financial Planning & Management Reporting

OSF Healthcare

Best Practices in Staffing and Productivity Monitoring

David Moldawer - Implementation Manager Continuous Improvement

Strata Decision Technology

Capital Planning for the Future

Lynette Jasuta - Director, Capital Planning

Strata Decision Technology

May 16, 2018

Why Age Is Not Enough: A Better Approach to Equipment Replacement

Just a decade ago, many healthcare organizations were eager to add the latest robotic surgery systems, linear accelerators, and other sophisticated equipment to keep pace with the competition—and keep physicians happy. But as margins have shrunk and access to capital has become more restricted, many providers recognize that replacing their equipment requires a more thoughtful, holistic approach, particularly as ubiquitous assets such as beds and lights require updates while more-strategic projects such as new construction command the C-suite’s attention.

Only 10% of healthcare providers know their costs — Here’s why Yale New Haven and Greenville Health are part of that elite group

Two effective ways to address cost obscurity are overhauling budget processes and marrying cost data with clinical language, two panelists said during an April 12 workshop sponsored by Strata Decision Technology at the Becker’s Hospital Review 9th Annual Meeting in Chicago. Terri Newsome, CFO of Greenville (S.C.) Health System, and Steve Allegretto, vice president of value innovation and shared value partnerships at Yale New Haven (Conn.) Health System, explained how they’re raising the curtain on cost data. These are the strategies they deployed at their respective institutions.

May 1, 2018

Advance Decision Support Systems: More Help Is on the Way

Recent investments in electronic health records (EHRs) and enterprise systems have laid the foundation for advanced decision support systems to effectively merge clinical and financial data to drive much needed action in health care. Maintaining separate decision support systems for the clinical and financial realms remains the norm for most healthcare providers. But there’s pressure from both sides to develop better ways to share information to facilitate improvements across the board.

April 16, 2018


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…