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Strata Decision Technology offers SaaS financial planning, analytics, and performance management tools aimed at healthcare. Its flagship StrataJazz helps hospitals and health systems with budgeting, forecasting, cost accounting, and financial insights through a subscription model with continuous updates. The company differentiates itself with deep healthcare domain knowledge, strong customer satisfaction, and a broad client base plus best-practice insights from its user community. Its goal is to help organizations make better financial decisions, improve efficiency, and lower costs to support sustainable patient care.
Industries
Data & Analytics
Consulting
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Acquired
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1996
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Health system operating margins rebound to 0.4% in May amid shift in patient demand patterns. Chicago, IL - July 21, 2026 - U.S. hospitals and health systems reported modest improvements in May as operating margins recovered to levels not seen since March, though diverging patient volume trends signal emerging challenges, according to new data from Strata Decision Technology. Health system operating margins bounced back to 0.4% in May, returning to March's level after a slight dip in April, though performance remains significantly below May 2025's 1.1%. The modest rebound was tempered by a notable shift in patient demand patterns, with outpatient volumes experiencing a sharp contraction even as inpatient admissions stabilized. "The sharp decline in outpatient volumes in May is a notable signal, but stable inpatient admissions and continued year-over-year revenue growth point to a more mixed performance picture," said Alina Henderson, Vice President for Healthcare Solutions and Partnerships at Strata Decision Technology. "For CFOs, the question is what those patterns mean in terms of service-line performance. Putting volume and revenue trends alongside forecasts and cost data can help leaders identify which service lines warrant growth investment and where margin improvement should take priority." Key Performance Trends in May: Outpatient volumes experienced a dramatic reversal in May, declining 8.4% month-over-month and 1.8% year-over-year, a sharp departure from recent trends. In contrast, inpatient admissions showed relative stability, growing 2.4% year-over-year and 0.8% month-over-month. Emergency department visits declined 1.2% month-over-month and 2.6% year-over-year. Revenue growth remained solid on a year-over-year basis, with gross operating revenue rising 5.9% and outpatient revenue growth continuing to exceed inpatient at 6.1% versus 5.7%. However, month-over-month trends showed weakness, with total gross operating revenue declining 2.6% and outpatient revenue down 4.5%. Non-labor expenses remain the primary cost driver, rising 6.2% year-over-year despite a 2.1% month-over-month decline. Supply expense growth of 4% and drug expense growth of 3.3% year-over-year continue to pressure margins. Labor costs showed relative stability, increasing 3.9% annually. Physician practices faced continued pressure, with per-physician expenses growing 3.6% year-over-year. Investment levels per physician FTE accelerated to 7.36% year-over-year growth, reflecting increased health system support, while net patient services revenue per FTE increased only 1.42% year-over-year. These findings are drawn from Strata Decision Technology's latest Monthly Healthcare Industry Financial Benchmarks report. About the Data This report uses data from Strata's Comparative Analytics solution and StrataSphere database. Comparative Analytics offers access to near real-time data drawn from more than 149,000 providers from over 15,000 practices and 139 specialty categories, and from 500+ unique departments across more than 2,200 hospitals. StrataSphere is a comprehensive data-sharing platform representing approximately 25% of all provider spend in U.S. healthcare. About Strata Decision Technology Strata Decision Technology provides a cloud-based platform for software and service solutions to help organizations better analyze, plan, and perform in support of their missions. More than 2,300 organizations rely on Strata to provide their financial analytics, planning, and performance solutions. Strata has been named the market leader for Business Decision Support for 18 consecutive years. Strata delivers market-leading solutions and world-class service, with an increased focus on accelerating innovation. For more information, please visit www.stratadecision.com.
CHICAGO, July 14, 2026 (GLOBE NEWSWIRE) -- Strata Decision Technology (Strata), a leading provider of enterprise performance management solutions for financial institutions, today announced the acquisition of c. myers, a trusted advisory firm that has worked...
Strata Decision Technology acquires c. myers to unite strategic planning, ALM, and FP&A for financial institutions. The acquisition brings together trusted strategic planning and ALM expertise with Strata's Axiom(R) platform to help financial institutions make better decisions. CHICAGO, July 14, 2026 (GLOBE NEWSWIRE) - Strata Decision Technology (Strata), a leading provider of enterprise performance management solutions for financial institutions, today announced the acquisition of c. myers, a trusted advisory firm that has worked with more than 600 financial institutions over the course of its 30-plus-year history. As part of the acquisition, Adam Johnson, CEO of c. myers, and the c. myers team will join Strata. Together, Strata and c. myers create a stronger partner for financial institutions navigating an increasingly complex operating environment. For CEOs and boards, the combination expands access to strategic planning, leadership development, and succession planning. For CFOs, it brings together c. myers' industry-leading ALM expertise with Strata's Axiom(R) platform for financial planning, reporting, and profitability, creating a connected foundation for better planning, stronger financial insight, and more confident decision-making. "This acquisition marks an important milestone for Strata," said John Martino, CEO of Strata. "Financial institutions need both modern technology and trusted experts to navigate today's challenges. By welcoming Adam Johnson and the c. myers team to Strata, we're combining decades of strategic advisory and ALM expertise with the Axiom platform to help CEOs, boards, and CFOs make better decisions and achieve stronger results." BUILT FOR A MORE COMPLEX OPERATING ENVIRONMENT Financial institutions today face persistent challenges, including interest rate volatility, margin pressure, evolving competitive dynamics, and increasing demands on leadership teams. Too often, these decisions are made across disconnected systems and planning processes, making it harder to respond quickly and confidently. Together, Strata and c. myers address these challenges by combining complementary strengths. c. myers has long helped financial institutions use ALM as a strategic discipline, not simply a regulatory requirement, through dynamic scenario modeling and experienced leadership services. Combined with Strata's Axiom platform, institutions can better align treasury and finance, improve planning across the organization, and make more informed strategic decisions. "Joining Strata creates an extraordinary opportunity to scale the impact we've had with financial institutions and bring new capabilities to the organizations we serve," said Adam Johnson, CEO of c. myers. "Strata's FP&A and profitability capabilities are exactly what our customers have been asking about and together we can deliver a level of strategic capability no one else in this market can match." KEY BENEFITS FOR FINANCIAL INSTITUTIONS For CEOs and Boards A stronger strategic partner to help shape the future of the organization through strategic planning, executive leadership development, CEO readiness, and succession planning. For CFOs A differentiated combination of c. myers' industry-leading ALM expertise and Strata's Axiom platform, bringing together asset-liability management, financial planning, reporting, profitability, and scenario analysis in a connected environment that supports faster, more informed decisions. For Every Financial Institution A shared commitment to long-term customer relationships. The combination of c. myers' customer-centric approach and Strata's customer success model brings together trusted guidance, deep industry expertise, and modern technology to help financial institutions navigate complex decisions with confidence. A DELIBERATE INVESTMENT IN FINANCIAL INSTITUTIONS This acquisition reflects Strata's long-term commitment to financial institutions and its continued investment in building a differentiated platform for the industry. The Axiom platform already serves many of the nation's leading financial institutions. The addition of c. myers expands Strata's capabilities with industry-leading advisory expertise and ALM, strengthening its ability to help financial institutions make better strategic and financial decisions. About Strata Decision Technology Strata Decision Technology provides an innovative, cloud-based platform of software, data, and service solutions that help organizations acquire insights, accelerate decisions, and enhance performance. More than 2,300 organizations across healthcare, financial institutions, and higher education rely on Strata's StrataJazz(R) and Axiom(R) solutions for enterprise performance management. Within financial institutions, the Axiom platform helps banks and credit unions improve financial planning, reporting, and profitability management. About c. myers c. myers is a trusted advisor to financial institutions, helping them strengthen strategic decision-making through strategic planning, leadership services, talent development, and asset liability management. Over its 30+ year history, c. myers has helped over 600 financial institutions improve performance, develop leaders, and prepare for the future.
Strata Decision Technology has launched Predictive Analytics, an AI-driven solution designed to help healthcare systems forecast financial performance and identify risks earlier. The platform addresses challenges facing health systems operating with shifting volumes, reimbursement uncertainty and tight margins, where traditional manual forecasting often leaves finance teams with outdated views. The solution offers monthly predictions using volume and financial data, refreshed automatically as new information becomes available, and annual predictions that provide a continuously evolving view of year-end performance. Powered by StrataSignal, Strata's AI intelligence engine, the platform integrates with existing StrataJazz products to deliver early signals about performance changes and their financial impact. Over 2,300 organisations currently use Strata's enterprise performance management software and data-driven intelligence solutions.
Health system operating margins turned negative to start 2026, falling to negative 0.6% in January from 1.3% in December 2025, according to Strata Decision Technology's latest performance report. The decline resulted from revenue decreasing faster than expenses, with gross operating revenue down 2.3% month-over-month whilst total expenses fell just 0.6%. Non-labour expense growth has outpaced labour expense increases since Q4 2024, with the gap widening throughout 2025. By Q4 2025, non-labour expenses rose 13.4% compared to the Q4 2023 baseline, whilst labour expenses increased 10.1%. Drug expenses drove much of this growth, rising 17.4% per adjusted patient day compared to 7.2% for medical supplies. Gross outpatient revenue grew 16.8% versus 9% for inpatient revenue, reflecting ongoing shifts in care delivery.
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Industries
Data & Analytics
Consulting
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Acquired
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1996
Find jobs on Simplify and start your career today