Strata Decision Technology

HEALTHCARE: According to a recent report from Strata Decision Technology highlighted in Becker's Healthcare - Hospital Review, health system margins have dropped to 1.9%. As leaders cut back on layers, agility and data-driven decision-making are essential for navigating these changes. Organizations need leaders who can pivot quickly and foster collaboration. At Strata, we’re committed to equipping health systems with the insights necessary to thrive in this evolving landscape. Learn more here: https://bit.ly/3NbO9wJ #HealthcareLeadership #DataDriven #StrataDecisionTechnology

HEALTHCARE: Join Strata at SHSMD Connections 2024 in Denver from October 13-15! Visit us at booth #706 to discover our innovative solutions that empower healthcare leaders to enhance efficiency and improve patient outcomes. Connect with our experts, explore live demos, and engage in shaping the future of healthcare together! ?? to SHSMD Connections 2024 site: https://bit.ly/47Pbvlv #SHSMD2024 #HealthcareInnovation #Strata #FutureOfHealthcare

HEALTHCARE: Have You Registered for Lift24 Yet? Don’t miss your chance to get an exclusive look at Strata's 2025 roadmap and our innovative healthcare platforms October 22-23! Connect with peers and industry leaders for two days of insightful sessions. Learn how organizations nationwide tackle today’s biggest challenges and gain valuable best practices to enhance your financial planning and analytics. Choose from 10+ CPE-accredited sessions on industry trends, financial strategies, and our latest product innovations. Register now and be part of the future of healthcare! https://lnkd.in/g_wu-yv2

HEALTHCARE: Performance metrics were mixed for U.S. healthcare organizations in August, with patient demand stalling as expenses continued to rise, according to new data from Strata Decision Technology. Health systems nationwide saw median operating margins narrow for a second consecutive month, from 2.1% in July to 1.9% in August. Discover the full story and how these trends could impact the future of healthcare in this month's Healthcare Industry Financial Benchmarks report: https://bit.ly/44lQ35R

HEALTHCARE: Hospitals are seeing stabilization across various sectors, with job growth continuing and the resignation rate declining. Moderation in wage growth has enabled organizations to keep up with strong hiring demands. According to Strata Decision Technology, hospital labor expenses rose by 5.7% year-over-year in July, but improvements in discharge efficiency helped reduce overall costs. As the industry addresses workforce shortages, a balanced approach between recruitment, retention, and cost management is vital for long-term stability. Discover the full insights here: https://bit.ly/47DXuHb #HealthcareLabor #StrataInsights #HospitalJobs #HealthcareStaffing

HIGHER EDUCATION: Thank You for Joining Us at the NACUBO Planning, Budgeting, and Analytics Forum! Last week in Chicago, we had the privilege of hosting a fantastic session with Dave Kieffer, Principal Analyst at Tambellini Group and Disha Venkatesan, Vice President of Sales at Strata Decision Technology. They delved into the impact of emerging technologies and the key macrotrends shaping the higher education landscape. A huge thank you to everyone who attended and contributed to the discussions! Your insights were invaluable as we explored strategies for financial sustainability and growth in our campuses. Stay connected, and let’s continue the conversation on how we can navigate the challenges and opportunities in higher education! #NACUBOPBA2024 #HigherEducation #StrataDecision #TambelliniGroup

HEALTHCARE: We're busy putting the final touches on a wide range of Lift24 sessions created just for you! Sessions will cover a range of topics, from how to stem patient revenue leakage, to tips for implementing effective service line planning. LIFT24 will also feature panel discussions with health system leaders on how to optimize labor performance management, and how to use benchmarking to drive effective process and margin improvements, among other topics. View the full agenda here: https://lnkd.in/gAprNnYR

HIGHER EDUCATION: Strata is excited to be attending the CACUBO 2024 Annual Conference in Indianapolis from September 29th to October 1st! Join us at Booth #200 to learn how Strata Decision Technology is helping higher education institutions enhance their financial planning and decision-making. This year’s theme, "Racing Toward Excellence," promises valuable insights, networking opportunities, and professional development for accounting and business professionals across the higher ed sector. Looking forward to seeing you there! ?? to site: https://bit.ly/3B9PpxQ #CACUBO2024 #HigherEducation #FinancialPlanning #StrataDecisionTechnology

HEALTHCARE: Our VP of Advisory Services, Ryan Self, shares valuable insights from leading healthcare executives on harnessing analytics to drive financial and operational success for healthcare organizations. Read the full article in HIT Consultant Media for the 5 tips for healthcare organizations: https://bit.ly/3zlOsC0

This week, 22 members of the St. Louis team and two members of the executive leadership team, Frank Stevens, Chief Growth Officer, and John Martino, Chief Executive Officer, gathered at Chicken N Pickle for some friendly pickleball competition and to celebrate ongoing Strata Circle Regional Hub events. Along with pickleball, the group enjoyed great food, drinks, and the chance to connect with both familiar and new faces. The St. Louis crew embraced the Colorful Connections theme, proudly wearing green for the event.?? #StrataCircle #TeamBuilding #ColorfulConnections