What Does Strata Decision Technology Do?

Total employees644
HeadquartersChicago
Founded1996

Strata Decision Technology is a pioneer and leader in the development of SaaS (Software-as-a-Service) solutions for financial and business analytics and decision support in U.S. healthcare. Their cloud-based platform, StrataJazz®, is used by over 2,000 hospitals and 400+ healthcare delivery systems to improve financial planning, cost accounting, operational budgeting, capital planning, contract modeling, and productivity. From an end-user perspective, Strata helps healthcare finance professionals move beyond spreadsheets to more sophisticated, integrated, and data-driven decision-making. This allows them to better understand costs, optimize resource allocation, negotiate payer contracts, and ultimately support their organization's mission of providing quality patient care in a financially sustainable way. The platform aims to simplify complex financial processes, enabling users to focus on strategic insights rather than data wrangling.

Where Is Strata Decision Technology's Headquarters?

Strata Decision Technology officeStrata Decision Technology officeStrata Decision Technology officeStrata Decision Technology office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for executive leadership, product development, software engineering, sales, marketing, customer support, and overall strategic operations for its healthcare financial technology solutions.

Notable Features:

Located in the 'One North Franklin' building, a prominent office tower in Chicago's Loop district, offering modern amenities and a central location. Specific internal features are not widely publicized but are expected to be contemporary, fostering collaboration and innovation.

Work Culture:

The work culture at Strata Decision Technology's headquarters is reported to be collaborative, innovative, and mission-driven, focusing on solving complex challenges in healthcare finance. Employees often highlight a supportive environment with opportunities for growth and a strong sense of purpose in helping healthcare organizations thrive.

HQ Significance:

The Chicago headquarters is significant as it's the nerve center for the company's operations, product innovation, and strategic direction, driving its leadership in the healthcare financial technology market across the U.S.

Values Reflected in HQ: The choice of a modern, well-located office in a major city hub likely reflects values such as professionalism, innovation, accessibility for talent, and a commitment to providing a high-quality work environment for its employees.

Location:

While Strata Decision Technology's physical offices are primarily in the United States, its cloud-based SaaS solutions are utilized by a vast network of U.S. hospitals and healthcare systems. The company's impact is therefore primarily focused on the U.S. healthcare market, where it supports functions like financial planning, cost management, and decision support for a significant portion of the nation's healthcare providers. Their platform is designed for the U.S. healthcare regulatory and financial environment.

Street Address:

One North Franklin, Suite 2600

City:

Chicago

State/Province:

IL

Country:

USA

Where Else Does Strata Decision Technology Operate Around the World?

Champaign, Illinois, USA

Address: 2001 S First St, Suite 201, Champaign, IL 61820

Supports specific development or operational functions, drawing from the tech ecosystem and academic resources in the Champaign-Urbana area. May focus on R&D or specialized product components.

Buying Intent Signals for Strata Decision Technology

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Strata Decision Technology? Meet the Executive Team

As of April 2025, Strata Decision Technology' leadership includes:

John Martino - Chief Executive Officer
Dan Michelson - Executive Chairman
Steve Wasson - Chief Technology Officer
Liz Quaglia - Chief Customer Officer
Alan Minea - Chief Financial Officer
Jaime Brew - Chief People Officer
Ruth Ann Norton - Chief Business Development Officer

Who's Investing in Strata Decision Technology?

Strata Decision Technology has been backed by several prominent investors over the years, including:

Roper Technologies (Parent Company)
Veronis Suhler Stevenson (Previous Investor)
Accel-KKR (Previous Investor)

What Leadership Changes Has Strata Decision Technology Seen Recently?

Hire1
Exits0

Strata Decision Technology appointed Ruth Ann Norton as Chief Business Development Officer in mid-2023. This follows the earlier significant leadership transition of John Martino to CEO in January 2023, with Dan Michelson becoming Executive Chairman. The executive team has otherwise seen stability in the last 12 months.

New Appointments:

Ruth Ann Norton, Ruth Ann Norton appointed as Chief Business Development Officer.

What Technology (Tech Stack) Is Used byStrata Decision Technology?

Discover the tools Strata Decision Technology uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Strata Decision Technology Email Formats and Examples

Strata Decision Technology primarily utilizes an email format combining the employee's first initial followed by their last name. This is the most common pattern for professional communication within and from the company.

[first_initial][last]@stratadecision.com

Format

jdoe@stratadecision.com

Example

90%

Success rate

What's the Latest News About Strata Decision Technology?

PR NewswireJanuary 10, 2024

Strata Decision Technology Named Best in KLAS for Business Decision Support for Ninth Consecutive Year

Strata Decision Technology announced it has been awarded the prestigious 2024 Best in KLAS designation for Business Decision Support in the '2024 Best in KLAS Awards: Software & Services' report. This marks the ninth consecutive year Strata has received this top ranking, highlighting its consistent leadership and customer satisfaction in providing financial planning and analytics tools for healthcare organizations....more

Strata Decision Technology NewsroomOctober 24, 2023

Strata Decision Technology Survey Reveals Top Financial Priorities for Healthcare CFOs in 2024

Strata Decision Technology released findings from its national survey of healthcare CFOs, identifying key financial priorities for 2024. Top concerns include managing labor costs, optimizing revenue cycles, and investing in data analytics, underscoring the critical role of financial planning tools in navigating the evolving healthcare landscape....more

Business WireJuly 19, 2023

Strata Decision Technology and Vizient Expand Partnership to Help Hospitals and Health Systems Improve Financial Performance and Reduce Costs

Strata Decision Technology and Vizient, Inc. announced an expanded partnership aimed at providing enhanced cost management and financial performance solutions for U.S. hospitals and health systems. The collaboration will integrate Vizient's clinical and operational data with Strata's StrataJazz® platform, offering healthcare providers more comprehensive insights to reduce costs and improve financial outcomes....more

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