August 7, 2019

As part of an ongoing Strata Speaker Series, Strata Decision Technology hosted NorthShore University HealthSystem (NorthShore) CFO Doug Welday. The series invites industry leaders to speak at Strata’s Chicago headquarters on what they consider the biggest issues facing healthcare today. In this session, Welday spoke about his first 180 days at NorthShore and the top challenges he sees facing healthcare organizations today.

February 25, 2022

March 12, 2020

Founded almost 100 years ago, the mission of the Cleveland Clinic was very simple: “care for the sick, investigate their problems, and educate those who serve.” While this mission remains the same today, the U.S. healthcare industry itself has changed significantly.

January 24, 2022

Over the last two years, health care has been at the center of our lives due to the COVID-19 pandemic. Our nation’s health care providers responded heroically in our time of need, and even as another wave hits, it’s clear they have weathered the worst of the storm, at least from a clinical perspective.

April 26, 2023

Rich Temple, CIO at Deborah Heart and Lung Center, talks about why—and how to get it right.

By Katie Kuehner-Hebert

When information systems leaders have a mutually beneficial relationship with their organization’s finance leaders, everyone wins—including the company.

September 23, 2020

CHICAGO, September 23, 2020 — A comprehensive six-month study of patient and procedure volume at 275 hospitals by Strata Decision Technology (Strata) revealed the significant financial and operational impact of the COVID-19 pandemic on the U.S. healthcare system. The National Patient and Procedure Volume Tracker™ from Strata reveals the clinical and financial implications of COVID-19 treatment, details volume and revenue trends from the past six-months and documents the impact of telehealth adoption.

May 11, 2020

Strata Decision Technology Launches National Hospital Patient and Procedure Volume Tracker, Providing Unprecedented Visibility into the Pandemic’s Impact on 225 Clinical Service Lines

January 05, 2021 – As people sweep up the confetti and put long-stemmed glasses back in the cabinet after New Year’s Eve, many emergency department providers are coming home after a busy night.

The hours between the end of one year and the start of another are notoriously high-volume times for hospitals and health systems. Put that on top of already existing challenges created by the ongoing COVID-19 pandemic, and providers are finding themselves stretched thin this new year.

April 27, 2020

U.S. hospital spending on management consultants has been creeping steadily upward for decades. In the last three years alone, hospitals increased their investment in consultants from $45 billion annually in 2017 to an estimated $63 billion in 2019, according to Consultants.us. Typical engagements for a mid-sized hospital run in the neighborhood of $1 million a month – a hefty cost for organizations struggling to maintain already slim margins.

December 21, 2022

Finance departments have tended to view information system departments as budget breakers. But information system departments are contributors to other departments in an organization that drive profits.