Strata Decision Technology

How to Use Telemedicine With Your Older Patients - HealthLeaders Media | 9/30/2020

… When you use telehealth, you are seeing the ultimate in the activities of daily living and emotional status.” Christopher Cheney is the senior clinical care​ editor at HealthLeaders. KEY TAKEAWAYS A new report from Strata Decision Technology shows utilization of telehealth visits by older patients has been comparable to utilization by younger patients during the coronavirus pandemic. Dealing with the technology requirements of telehealth visits is the primary telemedicine challenge …

Strata Report Reveals COVID-19 Impact on U.S. Healthcare Delivery | Globe Newswire | 9/23/2020

SIX-MONTH ANALYSIS OF PATIENT AND PROCEDURE VOLUME AT 275 HOSPITALS SHOWS AN INDUSTRY IN SLOW RECOVERY September 23, 2020 08:50 ET Source: Strata Decision Technology , L.L.C. photo-release Six Key Takeaways from the National Patient and Procedure Volume Tracker Six Month Summary Data scientists at Strata Decision Technology reveal SIX KEY TAKEAWAYS on the tracking of over 160,000 COVID-19 cases at 275 hospitals. CHICAGO, Sept. 23, 2020 (GLOBE …

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Over 1,500 Attendees From 200+ Healthcare Systems Attend Strata Virtual Summit | Globe Newswire | 9/22/2020

Lift20 Is a Free Digital Conference to Help Healthcare Providers Shape Their Comeback From the COVID-19 Pandemic September 22, 2020 07:50 ET Source: Strata Decision Technology , L.L.C. CHICAGO, Sept. 22, A record of over 1,500 attendees from over 200 healthcare delivery systems across the nation are coming together for Lift20 , the Strata Decision Technology (Strata) virtual users conference. Over the course of two days, attendees will hear from national …

Coverage and Use of Fertility Services in the U.S. | 9/15/2020

… and non-urgent diagnostic procedures. Since then, ASRM has provided updated guidance on what conditions should be met and measures should be taken before safely resuming fertility care. During this time, a study by Strata Decision Technology of 228 hospitals across 40 states found patient encounters for infertility services were down 83% from March 22 to April 4, 2020 compared to this time the year prior. Cost of Services Many …

Strata Completes 50th Virtual Implementation for Healthcare Delivery Systems During COVID-19 Pandemic | Globe Newswire | 9/10/2020

StrataVIA Helps Hospitals Accelerate Use of Planning, Analytics and Performance Improvement Applications to Drive Financial Recovery September 10, 2020 12:00 ET Source: Strata Decision Technology , L.L.C. photo-release Strata’s Virtual Implementation Approach (VIA™) VIA guarantees an efficient, automated, secure, and successful deployment by combining these using six components to effectively replace the need for in-person training and support. CHICAGO, Sept. 10, 2020 (GLOBE NEWSWIRE) – Over 50 healthcare delivery systems …

Prominent physicians protest political influence in public health | 9/3/2020

… covid A look at the operations of 275 hospitals during six months of the pandemic gives a snapshot of the financial impact covid is having on health care. The report , from the data company Strata Decision Technology , found that covid inpatients in the top seven DRGs had a 20% higher length of stay than noncovid patients with the same DRGs, which it says justifies increase reimbursement. The report also noted …

Allscripts Healthcare Solutions Inc. [MDRX] Is Currently 18.58 above its 200 Period Moving Avg: What Dose This Mean? | 8/3/2020

Read more Allscripts Healthcare Solutions Inc. [NASDAQ: MDRX] traded at a high on 07/31/20, posting a 18.58 gain after which it closed the day’ session at $9.00. The company report on July 30, 2020 that Strata Decision Technology to Acquire EPSi From Allscripts. Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has …

Monday Morning Update 8/3/20 | HISTalk | 8/2/2020

August 2, 2020 News 2 Comments Top News From the Allscripts earnings call , following the posting Q2 results that sent shares up 19% on Friday: The $365 million sales price of EPSi to Strata Decision Technology represents 7.5 times trailing 12-month revenue at 18.5 times adjusted EBITDA. The company sold no new Sunrise systems, although some existing customers extended their agreements. Allscripts will migrate the 450-clinician US Department …

Allscripts sells its EPSi financial planning business to Strata | Healthcare IT News | 8/1/2020

Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary. July 31, 2020 05:48 PM Strata Decision Technology , which develops financial-planning software, analytics and performance-benchmarking tools for healthcare, has agreed to acquire Allscripts’ financial-decision-support subsidiary EPSi for $365 million. The deal is expected to close later this year, subject to regulatory approval and customary closing conditions, the companies said …

Google Alert - technology | 8/1/2020

technology As-it-happens update ⋅ August 1, 2020 NEWS Allscripts sells EPSi business to Strata Decision Technology for $365M FierceHealthcare Allscripts has sold its EPSi business to Strata Decision Technology for $365 million, the company announced during its second-quarter earnings call … Flag as irrelevant Bucs, NFL use new technology to distance safely during training camp Tampa Bay Times The device, called SafeZone, is made by German-based company Kinexon …

Allscripts to sell budgeting, analytics business Epsi for $365M | Becker’s Hospital Review | 7/31/2020

Allscripts announced July 30 that Strata Decision Technology will acquire its healthcare decision analytics and budgeting business Epsi for $365 million. The transaction is expected to close later this year, subject to regulatory approval and customary closing conditions. The two companies will continue to operate independently until the deal closes, when Epsi’s customer base and associates will then transition to Strata. “By bringing these two outstanding companies together, we believe …

Allscripts sells EPSi business to Strata Decision Technology for $365M | FierceHealthcare | 7/31/2020

Allscripts sells EPSi business to Strata Decision Technology for $365M by Heather Landi Jul 31, 2020 7:45am Allscripts executives said its data, analytics and care coordination segments provide multiple streams of high margin growth opportunities. (eb_ra/Getty Images) Allscripts has sold its EPSi business to Strata Decision Technology for $365 million, the company announced during its second-quarter earnings call Thursday. EPSi is a provider of financial decision support …

Weekender 7/31/20 | HISTalk | 7/31/2020

July 31, 2020 Weekender 1 Comment Weekly News Recap HIMSS pushes out its 2021 conference from March to August in Las Vegas. Allscripts will sell its EPSi business to Strata Decision Technology for $365 million. New investment in WellSky values the company at $3 billion. Irregularities are found in HHS’s $10 million contract with TeleTracking for a COVID-19 hospitalization tracking database. The COVID Tracking Project says that COVID-19 …

Allscripts to sell decision support subsidiary EPSi for $365M - MedCity News | 7/31/2020

Strata Decision Technology will acquire Allscripts subsidiary EPSi for $365 million. The deal, which is expected to close later this year, would merge together two business decision support systems, which provide health systems analytics on the cost of care. “By bringing these two outstanding companies together, we believe that we can build one of the most important companies in helping to solve the biggest problem in healthcare – the cost of …

Allscripts stock surges on mixed Q2 results | Healthcare Dive | 7/31/2020

… to help make selling, general and administrative expenses more efficient following a $182 million loss in 2019. Allscripts also announced Thursday it’s selling hospital financial decision support business EPSi to cloud-based tech company Strata Decision Technology for $365 million, in a deal expected to close in the third quarter this year. Allscripts plans to use the proceeds from divesting EPSi, which it’s owned since 2010, to pare down debt …

Strata Decision Technology to acquire EPSi from Allscripts | 7/31/2020

… will operate independently until the deal closes. RBC Capital Markets, LLC served as Allscripts’ exclusive financial advisor in connection with the sale of EPSi and Zeigler served as financial advisor to EPSi management. About Strata Decision Technology 1 (current) 2 Sign up for Health IT stories Sign up for Weekly Top stories …

Strata Decision Technology to acquire EPSi from Allscripts for $365M | 7/31/2020

Chicago — (Business Wire) — Strata Decision Technology (Strata), a top provider of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has reached a definitive agreement to acquire EPSi from Allscripts (NASDAQ: MDRX) for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems. The combination of Strata and EPSi will bring healthcare providers a set of …

Allscripts’ revenue drops 8% in Q2, plans to sell financial unit | Modern Healthcare | 7/30/2020

… was 19% for the quarter, compared to 16.9% in the same period last year. Allscripts on Thursday also entered into an agreement to sell EPSi, a business unit focused on financial decision support, to Strata Decision Technology for $365 million. Allscripts and Strata Decision Technology expect to complete the transaction in the third quarter. “The after-tax proceeds will be used to de-lever and further strengthen our liquidity position …

Allscripts sees 8% drop in Q2 revenue, plans to sell financial unit | Modern Healthcare | 7/30/2020

… was 19% for the quarter, compared to 16.9% in the same period last year. Allscripts on Thursday also entered into an agreement to sell EPSi, a business unit focused on financial decision support, to Strata Decision Technology for $365 million. Allscripts and Strata Decision Technology expect to complete the transaction in the third quarter. “The after-tax proceeds will be used to de-lever and further strengthen our liquidity position …

Allscripts Announces Second Quarter 2020 Results | Malvern Daily Record | 7/30/2020

… EBITDA totaled $77 million in the second quarter of 2020, compared with $75 million in the second quarter of 2019. Earlier today, Allscripts signed a definitive agreement to sell its EPSi business unit to Strata Decision Technology , a unit of Roper Technologies, Inc. for $365 million. The transaction is expected to close later in the third quarter once customary closing conditions are satisfied. Upon transaction close, the EPSi client base …

Healthcare’s Evolving Reimbursement Imperative | 7/30/2020

… current market climate. Already operating within razor-thin margins, today’s hospitals and health systems must now address current and future reimbursement and revenue risks introduced by the COVID-19 pandemic. In a recent study, Strata Decision Technology estimated that 97% of health systems will lose an average of $1,200 per coronavirus case, or as high as $8,000 in some instances—even with the 2% Medicare payment increase. That loss comes …

Premise Health and Healthcare Bluebook Partner to Help Employers Ensure High-Value Specialty Care for Employees in a Turbulent Health Care Market | PR Newswire | 7/22/2020

… As a result of these losses, hospitals are likely to explore price increases for 2021 and may strive to capture additional volume and shift care to more profitable settings. According to an analysis from Strata Decision Technology , hospital revenues are down $60.1B per month since the start of the year, primarily because of decreased surgery volumes. “We recognize many of our members and their families will need to see a …

Strata Decision Technology Named a Best Place to Work in Healthcare by Modern Healthcare | Globe Newswire | 7/13/2020

July 13, 2020 14:08 ET Source: Strata Decision Technology , L.L.C. CHICAGO, July 13, 2020 (GLOBE NEWSWIRE) – Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, has been selected by Modern Healthcare as one of the 2020 Best Places to Work in Healthcare . The award program identifies and recognizes a small group of outstanding employers from across the …

Tales from the Trenches: Dan Michelson, CEO of Strata Decision Technology | 6/25/2020

Featured in Matter’s Tales from the Trenches™, CEO of Strata Decision Technology, Dan Michelson, will share stories from his close to 30-year career in healthcare, the wins and the losses from his career and time as a CEO and Strata’s vision for the future. The event will be moderated by Ross Levine, chief financial officer of VillageMD …

CEO Dan Michelson Is On A Mission To Serve, Separate and Innovate | 6/25/2020

CEO of Strata Decision Technology , Dan Michelson sits down with BizCast HQ to discuss the daily challenges of a company that serves over 220 health systems across the entire nation. One of those challenges is the ability to focus on long-term solutions while running the day to day operations of the company. For Dan, he is constantly focused on what Strata Decision Technology can to do make a real …

COVID-19

Strata Report Reveals COVID-19 Impact on U.S. Healthcare Delivery | Globe Newswire | 9/23/2020

SIX-MONTH ANALYSIS OF PATIENT AND PROCEDURE VOLUME AT 275 HOSPITALS SHOWS AN INDUSTRY IN SLOW RECOVERY September 23, 2020 08:50 ET Source: Strata Decision Technology, L.L.C. photo-release Six Key Takeaways from the National Patient and Procedure Volume Tracker Six Month Summary Data scientists at Strata Decision Technology reveal SIX KEY TAKEAWAYS on the tracking of over 160,000 COVID-19 cases at 275 hospitals. CHICAGO, Sept. 23, 2020 (GLOBE …

Coronavirus

How COVID-19 Has Impacted Top Clinical Service Lines at Hospitals | RevCycle Intelligence | 5/21/2020

… Strata Decision Technology. In its original report , using data from the National Patient and Procedure Volume Tracker, Strata found that the number of unique patients who sought hospital care decreased by an average of 54.5 percent in March and April as a result the cancellation of elective procedures and other concerns during the COVID-19 crisis. Dig Deeper AHA: Hospitals Losing $50.7B a Month Fighting the Coronavirus Hospital volumes across …

American Hospital Association

Hospital Volumes Slashed by More Than Half During Pandemic | WebMD | 5/12/2020

… outlines the damage that the COVID-19 pandemic has done to the facilities’ patient volumes and revenues. The study, by Strata Decision Technology, a Chicago-based financial analytics firm, suggests that across all service lines … this estimate more than doubles the recent estimate of the American Hospital Association, which predicted that hospitals would lose $202.6 billion from March 1 to June 30 of this year because of the pandemic. Reopening …

Nurse Staffing

Hospitals Face Cash Crunch in 60-90 Days Due to COVID-19: Report | WebMD | 3/31/2020

… top of the operational and human aspects of coping with the COVID-19 crisis, according to a new report from Strata Decision Technology, a company that analyzes and benchmarks financial data for about 220 healthcare … that the complexity of the cases causes a decline in nurse staffing ratios. Nurses and staff must slow down to ensure that their PPE is properly fitted. Costs are also higher because of expanded cleaning …

CDC

Hospitals to Lose $1K Per COVID-19 Case Despite Medicare Rate Bump | RevCycle Intelligence | 3/30/2020

… Strata Decision Technology. For some health systems, those losses could translate to $6,000 to $8,000 depending on payer mix. COVID-19 cases incur unusually high costs, the analysis found using research from Italy, China, and the CDC to simulate characteristics of COVID-19 patients. “The complexity of the patients is causing a decline in nurse staffing ratios as nurses and staff are required to help each other validate that their …

Healthcare Financial Management Association

Strata Ranked No. 1 in KLAS for Business Decision Support for Sixth Consecutive Year | Globe Newswire | 1/31/2020

… Report” Again Names StrataJazz® the Top “Business Decision Support Application” Based on Customer Ratings January 31, 2020 06:01 ET Source: Strata Decision Technology, L.L.C. photo-release Straight A’s for Strata Best in KLAS 2020 ratings … the communities that they serve.” Strata recently partnered with The Healthcare Financial Management Association (HFMA) to launch the HFMA-Strata L7 Cost Accounting Adoption Model™ (L7 Model), healthcare’s first roadmap to help healthcare providers access …

Healthcare Financial Management

Over 100 Top U.S. Health Systems Attend 2019 Strata Decision Technology Summit to Help Bend Healthcare’s Cost Curve | Globe Newswire | 10/24/2019

English Français Over 100 Top U.S. Health Systems Attend 2019 Strata Decision Technology Summit to Help Bend Healthcare’s Cost Curve Virginia’s VCU Health and Kentucky’s Owensboro Health Receive LEAP Awards as Centers of Excellence for … Financial Officer of OSF Healthcare and board chair of the Healthcare Financial Management Association (HFMA), outlined the steps that finance executives need to and can take right now, including moving away from the traditional ineffective …

HFMA

Over 100 Top U.S. Health Systems Attend 2019 Strata Decision Technology Summit to Help Bend Healthcare’s Cost Curve | Globe Newswire | 10/24/2019

English Français Over 100 Top U.S. Health Systems Attend 2019 Strata Decision Technology Summit to Help Bend Healthcare’s Cost Curve Virginia’s VCU Health and Kentucky’s Owensboro Health Receive LEAP Awards as Centers of Excellence for … Healthcare and board chair of the Healthcare Financial Management Association (HFMA), outlined the steps that finance executives need to and can take right now, including moving away from the traditional ineffective approach to budgeting to …

Advanced Analytics

Over 100 Top U.S. Health Systems Attend 2019 Strata Decision Technology Summit to Help Bend Healthcare’s Cost Curve | Globe Newswire | 10/24/2019

English Français Over 100 Top U.S. Health Systems Attend 2019 Strata Decision Technology Summit to Help Bend Healthcare’s Cost Curve Virginia’s VCU Health and Kentucky’s Owensboro Health Receive LEAP Awards as Centers of Excellence for … more than 200 health systems and 1,100 hospitals to deliver advanced analytics, insights, benchmarks and industry-level financial management standards. All Strata customers can opt in to StrataSphere at no cost. The OnePlan Advanced Planning …

American Medical Association

Strata Decision Technology Introduces StrataJazz OnePlan | Globe Newswire | 10/23/2019

Strata Decision Technology Introduces StrataJazz OnePlan Healthcare’s First Purpose-Built Advanced Planning Platform Brings FinTech to Budget Process for Hospitals 01 ET Source: Strata Decision Technology, L.L.C. photo-release The top six reasons the hospital … According to a recent study in the Journal of the American Medical Association (JAMA) , there is close to $1 trillion in waste per year in U.S healthcare. With over 50 percent of the cost of …

Comparative Analytics

Strata Decision Technology Launches StrataSphere | Markets Insider | Business Insider | 10/22/2019

CHICAGO, Oct. 22, 2019 (GLOBE NEWSWIRE) – Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, today launched StrataSphere™, a unique data-sharing … including: Benchmarking of Key Performance Indicators (KPIs) Industry Insights and Comparative Analytics Predictive Modeling Development of Financial Standards StrataSphere Addresses the Shortfalls of Other Comparative Benchmarking Tools Existing comparative analytics and benchmarking solutions fall short …

Allscripts

Monday Morning Update 8/3/20 | HISTalk | 8/2/2020

August 2, 2020 News 2 Comments Top News From the Allscripts earnings call , following the posting Q2 results that sent shares up 19% on Friday: The $365 million sales price of EPSi to Strata Decision Technology represents 7.5 times trailing 12-month revenue at 18.5 times adjusted EBITDA. The company sold no new Sunrise systems, although some existing customers extended their agreements. Allscripts will migrate the 450-clinician US Department …

Allscripts sells its EPSi financial planning business to Strata | Healthcare IT News | 8/1/2020

Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary. July 31, 2020 05:48 PM Strata Decision Technology, which develops financial-planning software, analytics and performance-benchmarking tools for healthcare, has agreed to acquire Allscripts’ financial-decision-support subsidiary EPSi for $365 million. The deal is expected to close later this year, subject to regulatory approval and customary closing conditions, the companies said …

Microsoft Health

Allscripts sells EPSi business to Strata Decision Technology for $365M | FierceHealthcare | 7/31/2020

Allscripts sells EPSi business to Strata Decision Technology for $365M by Heather Landi Jul 31, 2020 7:45am Allscripts executives said its data, analytics and care coordination segments provide multiple streams of high margin growth opportunities … estimates as analysts forecast revenue of $399 million. RELATED: Allscripts, Microsoft strike 5-year cloud partnership to enhance EHR software Bookings were $188 million in the second quarter of 2020. This result compares with $276 …

Allscripts sells EPSi business to Strata Decision Technology for $365M | FierceHealthcare | 7/31/2020

Allscripts sells EPSi business to Strata Decision Technology for $365M by Heather Landi Jul 31, 2020 7:45am Allscripts executives said its data, analytics and care coordination segments provide multiple streams of high margin growth opportunities … estimates as analysts forecast revenue of $399 million. RELATED: Allscripts, Microsoft strike 5-year cloud partnership to enhance EHR software Bookings were $188 million in the second quarter of 2020. This result compares with $276 …

Healthcare Bluebook

Premise Health and Healthcare Bluebook Partner to Help Employers Ensure High-Value Specialty Care for Employees in a Turbulent Health Care Market | PR Newswire | 7/22/2020

… resulting from the COVID-19 pandemic, Premise Health, the world’s leading direct health care provider, is leveraging its partnership with Healthcare Bluebook, an industry-leading cost and quality transparency solution, to help its large employer … care to more profitable settings. According to an analysis from Strata Decision Technology, hospital revenues are down $60.1B per month since the start of the year, primarily because of decreased surgery volumes. “We recognize many …

Premise Health and Healthcare Bluebook Partner to Help Employers Ensure High-Value Specialty Care for Employees in a Turbulent Health Care Market | PR Newswire | 7/22/2020

… resulting from the COVID-19 pandemic, Premise Health, the world’s leading direct health care provider, is leveraging its partnership with Healthcare Bluebook, an industry-leading cost and quality transparency solution, to help its large employer … care to more profitable settings. According to an analysis from Strata Decision Technology, hospital revenues are down $60.1B per month since the start of the year, primarily because of decreased surgery volumes. “We recognize many …

Gilead

The pandemic will recast America’s health-care industrial complex | CBS News | 5/7/2020

… a biotech firm with a promising antibody cocktail, reported first-quarter sales of $1.8bn, a third more than last year. Gilead has received emergency approval to use remdesivir, an antiviral agent it is developing, in … make the most money for hospitals, are down by 65-80%. Strata Decision Technology, which makes software for hospitals, estimates that hospital revenues have dropped by $90bn a month. Mr Dowling says Northwell, with annual revenues …

The pandemic will recast America’s health-care industrial complex | Business Insider | 5/7/2020

… a biotech firm with a promising antibody cocktail, reported first-quarter sales of $1.8bn, a third more than last year. Gilead has received emergency approval to use remdesivir, an antiviral agent it is developing, in … make the most money for hospitals, are down by 65-80%. Strata Decision Technology, which makes software for hospitals, estimates that hospital revenues have dropped by $90bn a month. Mr Dowling says Northwell, with annual revenues …

Regeneron

The pandemic will recast America’s health-care industrial complex | CBS News | 5/7/2020

… have outperformed the broader index since March, when covid-19 first hit America hard (see chart 1). On May 5th Regeneron, a biotech firm with a promising antibody cocktail, reported first-quarter sales of $1.8bn … make the most money for hospitals, are down by 65-80%. Strata Decision Technology, which makes software for hospitals, estimates that hospital revenues have dropped by $90bn a month. Mr Dowling says Northwell, with annual revenues …

The pandemic will recast America’s health-care industrial complex | Business Insider | 5/7/2020

… have outperformed the broader index since March, when covid-19 first hit America hard (see chart 1). On May 5th Regeneron, a biotech firm with a promising antibody cocktail, reported first-quarter sales of $1.8bn … make the most money for hospitals, are down by 65-80%. Strata Decision Technology, which makes software for hospitals, estimates that hospital revenues have dropped by $90bn a month. Mr Dowling says Northwell, with annual revenues …

Xtelligent Healthcare Media

Hospitals to Lose $1K Per COVID-19 Case Despite Medicare Rate Bump | RevCycle Intelligence | 3/30/2020

… Xtelligent Healthcare Media. Hospitals could lose about $1,200 per COVID-19 case even with the 20 percent increase in Medicare reimbursement included in the stimulus package, according to a new analysis from Strata Decision Technology. For some health systems, those losses could translate to $6,000 to $8,000 depending on payer mix. COVID-19 cases incur unusually high costs, the analysis found using research from Italy, China, and the CDC to …

Hospitals to Lose $1K Per COVID-19 Case Despite Medicare Rate Bump | RevCycle Intelligence | 3/30/2020

… Xtelligent Healthcare Media. Hospitals could lose about $1,200 per COVID-19 case even with the 20 percent increase in Medicare reimbursement included in the stimulus package, according to a new analysis from Strata Decision Technology. For some health systems, those losses could translate to $6,000 to $8,000 depending on payer mix. COVID-19 cases incur unusually high costs, the analysis found using research from Italy, China, and the CDC to …

Steward Health Care System

Firings, Furloughs, and Pay Cuts in Advance of COVID-19 Surge | WebMD | 4/2/2020

… front lines of the COVID-19 pandemic need a pat on the back (and some more N95 respirators too). But Steward Health Care System, which runs the hospital and dozens of others around the country … 1800 on every COVID-19 case, according to projections by Strata Decision Technology, a healthcare financial planning and analytic company. Some, they estimate, may lose much more, between $6000 and $8000 per patient. And hospitals …

Firings, Furloughs, and Pay Cuts in Advance of COVID-19 Surge | WebMD | 4/2/2020

… front lines of the COVID-19 pandemic need a pat on the back (and some more N95 respirators too). But Steward Health Care System, which runs the hospital and dozens of others around the country … 1800 on every COVID-19 case, according to projections by Strata Decision Technology, a healthcare financial planning and analytic company. Some, they estimate, may lose much more, between $6000 and $8000 per patient. And hospitals …

Dan Michelson

Allscripts sells its EPSi financial planning business to Strata | Healthcare IT News | 8/1/2020

Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary. July 31, 2020 05:48 PM Strata Decision Technology, which develops financial-planning software, analytics and performance-benchmarking tools … problem in healthcare – the cost of it,” said Strata CEO Dan Michelson in a statement. “Our focus will be to accelerate innovation to provide broader and deeper solutions to help our customers.” It will also …

Allscripts sells its EPSi financial planning business to Strata | Healthcare IT News | 8/1/2020

Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary. July 31, 2020 05:48 PM Strata Decision Technology, which develops financial-planning software, analytics and performance-benchmarking tools … problem in healthcare – the cost of it,” said Strata CEO Dan Michelson in a statement. “Our focus will be to accelerate innovation to provide broader and deeper solutions to help our customers.” It will also …

Rick Poulton

Allscripts sells its EPSi financial planning business to Strata | Healthcare IT News | 8/1/2020

Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary. July 31, 2020 05:48 PM Strata Decision Technology, which develops financial-planning software, analytics and performance-benchmarking tools … home for EPSi,” said Allscripts President and Chief Financial Officer Rick Poulton in a statement. “This agreement is a triple win for EPSi customers and Allscripts shareholders as it allows us to efficiently recirculate capital …

Allscripts sells its EPSi financial planning business to Strata | Healthcare IT News | 8/1/2020

Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary. July 31, 2020 05:48 PM Strata Decision Technology, which develops financial-planning software, analytics and performance-benchmarking tools … home for EPSi,” said Allscripts President and Chief Financial Officer Rick Poulton in a statement. “This agreement is a triple win for EPSi customers and Allscripts shareholders as it allows us to efficiently recirculate capital …

Heather Landi

Allscripts sells EPSi business to Strata Decision Technology for $365M | FierceHealthcare | 7/31/2020

Allscripts sells EPSi business to Strata Decision Technology for $365M by Heather Landi Jul 31, 2020 7:45am Allscripts executives said its data, analytics and care coordination segments provide multiple streams of high margin growth opportunities. (eb_ra/Getty Images) Allscripts has sold its EPSi business to Strata Decision Technology for $365 million, the company announced during its second-quarter earnings call Thursday. EPSi is a provider of financial decision support …

Allscripts sells EPSi business to Strata Decision Technology for $365M | FierceHealthcare | 7/31/2020

Allscripts sells EPSi business to Strata Decision Technology for $365M by Heather Landi Jul 31, 2020 7:45am Allscripts executives said its data, analytics and care coordination segments provide multiple streams of high margin growth opportunities. (eb_ra/Getty Images) Allscripts has sold its EPSi business to Strata Decision Technology for $365 million, the company announced during its second-quarter earnings call Thursday. EPSi is a provider of financial decision support …

Aurora Aguilar

Strata Decision Technology Named a Best Place to Work in Healthcare by Modern Healthcare | Globe Newswire | 7/13/2020

July 13, 2020 14:08 ET Source: Strata Decision Technology, L.L.C. CHICAGO, July 13, 2020 (GLOBE NEWSWIRE) – Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance … as COVID-19 ravages our communities and your workplaces,” said Aurora Aguilar, Modern Healthcare’s editor. “But the organizations recognized on this year’s list rose to the top and continued to be a source of strength …

Strata Decision Technology Named a Best Place to Work in Healthcare by Modern Healthcare | Globe Newswire | 7/13/2020

CHICAGO, Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, has been selected by Modern Healthcare as one of the 2020 Best … as COVID-19 ravages our communities and your workplaces,” said Aurora Aguilar, Modern Healthcare’s editor. “But the organizations recognized on this year’s list rose to the top and continued to be a source of strength …

Michael Dowling

The pandemic will recast America’s health-care industrial complex | CBS News | 5/7/2020

… OCTORS AND nurses at Northwell Health have treated nearly 40,000 covid-19 cases, more than any other American provider. But Michael Dowling, who runs New York state’s largest hospital firm, is not triumphant. “This crisis … make the most money for hospitals, are down by 65-80%. Strata Decision Technology, which makes software for hospitals, estimates that hospital revenues have dropped by $90bn a month. Mr Dowling says Northwell, with annual revenues …

The pandemic will recast America’s health-care industrial complex | Business Insider | 5/7/2020

… OCTORS AND nurses at Northwell Health have treated nearly 40,000 covid-19 cases, more than any other American provider. But Michael Dowling, who runs New York state’s largest hospital firm, is not triumphant. “This crisis … make the most money for hospitals, are down by 65-80%. Strata Decision Technology, which makes software for hospitals, estimates that hospital revenues have dropped by $90bn a month. Mr Dowling says Northwell, with annual revenues …

Chicago, Illinois

Allscripts stock surges on mixed Q2 results | Healthcare Dive | 7/31/2020

… in its second quarter results released aftermarket Thursday, reporting revenue of $406 million, down almost 9% year over year. The Chicago-based IT company had a mixed quarter, with a wide miss on bookings of … financial decision support business EPSi to cloud-based tech company Strata Decision Technology for $365 million, in a deal expected to close in the third quarter this year. Allscripts plans to use the proceeds from …

Strata Decision Technology to acquire EPSi from Allscripts for $365M | 7/31/2020

Chicago — (Business Wire) — Strata Decision Technology (Strata), a top provider of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has reached a definitive agreement to acquire EPSi from Allscripts (NASDAQ: MDRX) for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems. The combination of Strata and EPSi will bring healthcare providers a set of …