Strata Decision Summit Hosts Leading Hospitals And Health Systems From Across The U.S.

CHICAGO, Oct. 25, 2012 /PRNewswire/ -- Strata Decision Technology (Strata Decision) will host over 300 attendees at its annual Strata Decision Summit this week in Chicago. The Summit attracts leading healthcare organizations from across the country including major academic medical centers, community hospitals, children's hospitals and many of the nation's largest and most influential healthcare systems. Strata Decision provides financial planning, business intelligence and decision support solutions to over 1,000 hospitals across the U.S.

"Value is driving a fundamental reorientation of the healthcare system. It is now imperative for all providers of care to develop collaborative approaches that combine strong clinical outcomes with effective cost containment to improve value. The Summit comes at the perfect time for leading healthcare providers to discuss the implications and determine their go forward plan," said Strata Decision's Chief Executive Officer Dan Michelson. "It is critical for executives to gain an understanding of the best practices and tools that are now available to help organizations not just survive, but thrive in this new environment. Finance leaders can and will play a critical role in this strategic transformation."

The Strata Decision Summit provides attendees insight into new innovations that are being developed to help give healthcare organizations both better control of their operation today and clarity relative to how to prepare their organization for the changes in the market in the future.

Keynote Sessions at the Strata Decision Summit

• Joseph J. Fifer, President and Chief Executive Officer of the Healthcare Financial Management Association, will outline the requirements for defining and delivering value in healthcare as well as the strategies and approaches that all providers of care must develop in order to secure strong clinical outcomes with effective cost containment. 
• David Burik, Managing Director for Navigant Consulting, will discuss the changing dynamics of the marketplace and healthcare reform and the analytics platform which healthcare organizations must now leverage to effectively model the impact of reform.
• Bob Miles, Senior Vice President of Strategy and Innovation Planning at Orlando Health, will discuss healthcare quality and why it is now more important than ever for finance teams to take a leadership role in helping to guide their hospitals and health systems toward sustainability performance in a time of significant change.

CHRISTUS Health Receives Strata Decision Excellence Award at Annual User Conference

Co-founder and Chief Client Officer of Strata Decision, Dr. Catherine Kleinmuntz, will announce CHRISTUS Health as the winner of the Strata Decision Excellence Award.  This award recognizes exceptional hospitals and health systems for outstanding performance in the areas of financial, operational, and strategic planning in the context of using StrataJazz™.

"The Strata Decision Excellence Award recognizes the critical role of an organization's financial performance in supporting its overall mission to improve and serve their community," said Dr. Kleinmuntz. "CHRISTUS Health was selected as this year's award winner because of their ability to implement a single, comprehensive financial planning approach across over 350 facilities while improving both the effectiveness and efficiency of their planning process."

CHRISTUS Health is an international, Catholic, faith-based, not-for-profit health system comprised of almost 350 services and facilities, including more than 60 hospitals and long-term care facilities, 175 clinics and outpatient centers, and dozens of other health ministries and ventures.

About Strata Decision Technology

Strata Decision Technology is a pioneer and leader in the development of innovative SaaS (Software as a Service) solutions for financial and business intelligence and decision support in healthcare. Founded in 1996, the Company's solutions are used by over 1,000 healthcare organizations in all settings, sizes, and specialties.

The Company provides a single integrated software platform for budgeting, decision support, financial forecasting, strategic planning, capital purchase planning and tracking, management reporting, and performance management. The solutions are enhanced by a full range of services, including software implementation, data integration, application hosting, and technical support.

The Company's headquarters are in Chicago, IL
For more information, please visit www.stratadecision.com.

Contact:
Christie Markiewicz, Strata Decision Technology, (312)827-7799, [email protected]

SOURCE Strata Decision Technology