Strata Decision Technology

Financial planning and analytics software provider

Chicago, Illinois, United States

About Strata Decision Technology

Strata Decision Technology provides financial planning, analytics, and performance management software primarily for the healthcare sector. Their main product, StrataJazz, is a platform that assists organizations with budgeting, forecasting, and cost accounting. It helps clients make informed financial decisions, improve operational efficiency, and reduce costs, particularly in the challenging financial landscape of healthcare. Strata stands out from competitors by focusing specifically on the unique financial needs of hospitals and healthcare systems, leveraging insights from a large user community to enhance their solutions. The company's goal is to support organizations in achieving better financial outcomes, ultimately impacting patient care and sustainability.

Chicago, IllinoisHeadquarters
1996Year Founded
ACQUISITIONCompany Stage
Consulting, Enterprise Software, HealthcareIndustries
201-500Employees

Benefits

Hybrid Work Options
Flexible Work Hours
Performance Bonus

Risks

Decline in bariatric surgeries may reduce demand for Strata's analytics solutions.
Rising drug and supply costs could lead to budget cuts affecting Strata's software.
Integration with Syntellis may pose challenges and disrupt service delivery.

Differentiation

Strata offers SaaS solutions tailored for healthcare financial analytics and decision support.
StrataJazz platform excels in budgeting, forecasting, and cost accounting for healthcare.
Strata's 18-year history ensures top-rated customer satisfaction in healthcare IT.

Upsides

Integration with Syntellis enhances Strata's insights and accelerates innovation.
Rising AI adoption in finance offers Strata opportunities to expand analytics solutions.
Two-Midnight Rule expansion may increase demand for Strata's financial planning tools.