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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.
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.
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.
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.
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.
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.
One North Franklin, Suite 2600
Chicago
IL
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.
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As of April 2025, Strata Decision Technology' leadership includes:
Strata Decision Technology has been backed by several prominent investors over the years, including:
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.
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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
PR Newswire • January 10, 2024
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 Newsroom • October 24, 2023
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 Wire • July 19, 2023
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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