By leveraging robust healthcare revenue analytics and advanced technologies, hospitals and health systems can gain the insights they need to negotiate stronger healthcare payor contracts, ensure payment compliance, and improve financial performance.

Making decisions on where to invest limited capital resources is never easy, and it is even more challenging in today’s tight-margin, high-cost healthcare environment.

Strata’s Payor Rate Transparency (PRT) data set gives healthcare leaders that access. It leverages massive machine-readable files released by payors as a result of the Transparency in Coverage Act. Strata uses advanced data science techniques to clean, validate, and enhance the data, making it accessible and easy to analyze.

Implementing a robust service line planning approach can help healthcare leaders avoid many budgeting challenges with more accurate and efficient modeling of new initiatives, efficient top-down volume planning, and more precise workload projections.

Implementing a robust service line planning approach can help healthcare leaders avoid many budgeting challenges with more accurate and efficient modeling of new initiatives, efficient top-down volume planning, and more precise workload projections.

Healthcare leaders nationwide face common challenges, such as the need to standardize care delivery, reduce lengths of stay, and find effective ways to track the progress of initiatives aimed at enhancing care delivery and reducing costs.

Integrating healthcare financial analytics into decision-making processes is increasingly vital as hospitals and health systems nationwide contend with high costs, narrow margins, shifts in patient demand, and other financial and operational pressures.

As the largest share of overall expenses for most healthcare organizations, managing labor expenses is critical to ensuring both effective patient care and financial stability.

July 10, 2020 problem Quantify Impact of Improved Quality of Care While healthcare organizations have long believed that higher quality amounts to lower cost, quantifying the impact of...

Hospital and healthcare leaders need the right decision support tools and a decision support system (DSS) that can help drive their shared goal: to provide high quality care.

For the past half-century, several types of key software have powered financial and clinical decisions at healthcare organizations in the U.S. Coinciding with the rise of electronic health records (EHRs) and electronic medical records (EMRs) in the 1980’s and early 1990’s, healthcare organizations began to look for ways to leverage and unify their new wealth of data for insights and information.

Cost containment in healthcare has always been a top concern for hospitals, especially in recent years due to unexpected events and changes in the market. Before jumping into the hospital cost containment strategies that healthcare leaders have used to weather these storms, we need to understand what hospital cost containment truly is.