As healthcare leaders navigate an ever-changing healthcare environment, they need a strategy that allows them to remain nimble in response to shifting market conditions. Service line planning allows organizations to continually analyze their operations to drive informed decision-making in real time. Yet many organizations face barriers, such as varied service line definitions, misaligned incentives, or unreliable data.
Key findings from our Q4 2024 report include:
Financial performance stabilized for many healthcare organizations throughout 2024, and healthcare leaders are cautiously optimistic they’ll retain those financial gains in 2025. Our annual survey of healthcare finance professionals found that more than two in five (44%) said they expect operating margins will remain about the same from 2024 to 2025, while over a third (36%) expect operating margins will increase.
Join peers, Strata experts, and industry leaders for two days of insightful sessions, and hear how healthcare organizations across the country are tackling today’s biggest challenges. Leaders from peer organizations will share best practices that will help you propel your organization’s financial planning, analytics, and performance processes.
StrataJazz® Continuous Improvement allows organizations to automate routine project management tasks so finance professionals can focus on more targeted, strategic work. The solution leverages built-in algorithms to identify unnecessary variation and waste, and a tracking tool and workflow to support sustainable cost reduction and quality improvement initiatives.
In an increasingly uncertain funding environment, colleges and universities need more timely and accurate data on their grants and awards. Strata’s Axiom™ Grants Planning accelerates the development of spending plans and helps monitor them against actual activity over the life of the project.
