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Strata Decision Technology

Healthcare financial planning and analytics platform

Consultant - Healthcare Revenue Cycle, Software

Full-Time
$70k - $90k+ Discretionary variable pay
Mid
Chicago, IL, USA
In PersonTravel to customer locations within the US is required up to 20–35%.
Solution EngineeringImplementation & Technical Account Management

About the job

Requirements
  • Experience in healthcare revenue cycle, reimbursement, or payor contracting.
  • Understanding of payor/provider contract modeling, payor negotiations, Medicare and/or Medicaid reimbursement, clinical coding terminology, and chargemaster management.
  • Experience leading clients through complex projects with a focus on timeline and budget.
  • Strong problem-solving skills and the ability to translate data into business insights.
  • Ability to communicate clearly with technical and non-technical audiences, including executive leadership.
  • Advanced Excel skills, including Pivot Tables, VLOOKUPs, and IF Statements.
  • Willingness to travel within the US to customer locations up to 20–35%.
Responsibilities
  • Partner with customers to design and implement payor contract strategies by modeling reimbursement terms, evaluating financial impact, and optimizing net revenue performance.
  • Model the financial impact of payor/provider contract terms, reimbursement changes, and strategic scenarios to support decision-making.
  • Advise clients on best practices in revenue cycle performance, chargemaster strategy, and market positioning.
  • Lead customer design sessions to define user requirements, configure payor contract models, and validate results.
  • Use StrataJazz software reporting capabilities to build reports, review net revenue results at the payor and claim level, and ensure payor model accuracy.
  • Review and analyze customer chargemaster details to advise on trends and market comparisons.
  • Collaborate with internal teams to continuously improve product capabilities and customer outcomes.
  • Lead onsite and web-based customer training on specific StrataJazz features and functions.
  • Collaborate across Decision Support teams, including Cost Accounting.
  • Communicate proactively with team members, managers, project managers, and executives about issues and risks during customer engagements; develop and execute action plans to mitigate risks and ensure successful project completion.
  • Contribute to operational improvement and strategic growth projects to scale operations and continually improve customer service.
Desired Qualifications
  • Experience creating what-if scenarios and building reports and dashboards.
  • Experience implementing and configuring software.
  • Experience with healthcare cost accounting.
  • Exposure to data tools such as SQL.

About the company

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Strata Decision Technology

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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.

Company Size

201-500

Company Stage

Acquired

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1996

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Simplify's Take

What believers are saying

  • July 2026 acquisition expands Strata into 600-customer financial-institution advisory workflows.
  • Predictive Analytics launched with automatic monthly refreshes, strengthening renewal and upsell momentum.
  • Healthcare margins worsening in 2026 drives urgent demand for StrataJazz cost and forecasting tools.

What critics are saying

  • Hospitals' January 2026 operating margin fell to negative 0.6%, squeezing Strata customers.
  • Bariatric surgery volumes dropped 32% since August 2022, eroding profitable hospital procedures.
  • Integration risk: c. myers deal distracts management if financial-institution cross-sell stalls in 2027.

What makes Strata Decision Technology unique

  • Strata bundles healthcare FP&A, profitability, and ALM into one platform.
  • July 2026 c. myers acquisition deepens advisory expertise beside Axiom for banks.
  • StrataSignal-powered Predictive Analytics gives monthly healthcare forecasts from live operational data.

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Benefits

  • Hybrid Work Options
  • Flexible Work Hours
  • Performance Bonus

Company News

GlobeNewswire
Oct 19th, 2026
Strata earns HFMA Peer Review designation for 13 consecutive years.

Strata earns HFMA Peer Review designation for 13 consecutive years. Recognition reflects Strata's commitment to delivering customer value and advancing healthcare financial decision-making. CHICAGO, Oct. 19, 2026 (GLOBE NEWSWIRE) - Strata Decision Technology today announced that after rigorous review by the Healthcare Financial Management Association (HFMA), StrataJazz(R) Financial Analytics and Performance platform has once again achieved the "Peer Reviewed by HFMA(R)" designation. This milestone marks 10+ years that Strata has achieved the HFMA Peer Review designation, reflecting a continued focus on delivering value to healthcare providers with innovative solutions that help leaders turn data into better decisions. The HFMA Peer Review program is designed to help healthcare executives identify high-quality products and services based on key purchasing criteria. The rigorous, 11-step process includes a Peer Review panel composed of current customers, prospects who have not made a purchase and industry experts. In the HFMA Peer Review survey, 100% of respondents agreed or strongly agreed that they would recommend StrataJazz to colleagues. Further, 94% agreed or strongly agreed that StrataJazz enhances productivity and delivers good value for the cost. "We're honored to once again receive HFMA's Peer Reviewed designation, particularly because it reflects the confidence of the healthcare organizations we serve," said John Martino, CEO of Strata Decision Technology. "Our longstanding partnership with healthcare finance leaders has shaped a platform purpose-built for the complexities of their business. We're committed to continually advancing the trusted data, financial intelligence and planning capabilities they need to understand performance, make more informed strategic decisions and improve financial outcomes." StrataJazz is built for connected financial decision-making, bringing together trusted financial and encounter-level data, advanced analytics and enterprise planning solutions in one healthcare-focused platform. Together, these capabilities help finance leaders understand what's driving performance, evaluate strategic options, build financial and operational plans and measure results - supporting better decisions across the business of healthcare. Continuing its investment in the StrataJazz platform, Strata recently introduced Financial Decision Intelligence, an AI-powered solution that combines proactive insights, conversational analysis and predictive analytics to identify financially significant trends, understand what's driving them and anticipate their future impact. "HFMA's Peer Review process is designed to give healthcare leaders greater confidence when evaluating solutions that support critical financial and operational decisions," said HFMA Chief Mission Impact Officer Richard L. Gundling, FHFMA, CMA. "Strata's continued achievement of the Peer Reviewed designation reflects a sustained commitment to delivering financing solutions that have been independently evaluated for effectiveness, quality and value." About HFMA The Healthcare Financial Management Association (HFMA) equips its more than 150,000 members nationwide to navigate a complex healthcare landscape. Finance professionals in the full range of work settings, including hospitals, health systems, physician practices and health plans, trust HFMA to provide the guidance and tools to help them lead their organizations, and the industry, forward. HFMA is a not-for-profit, nonpartisan organization that advances healthcare by collaborating with other key stakeholders to address industry challenges and providing guidance, education, practical tools and solutions, and thought leadership. We lead the financial management of healthcare. Learn more at www.hfma.org. About Strata Decision Technology Strata Decision Technology provides a cloud-based platform of software, data, and services that helps healthcare organizations gain insights, accelerate decisions, and enhance performance. More than 2,300 organizations rely on Strata's StrataJazz and Axiom solutions for enterprise performance management software and data-driven intelligence. Learn more at www.stratadecision.com. Press inquiries should be directed to: Brad Dennison Healthcare Financial Management Association (708) 492-3385 [email protected]

Strata Decision Technology
Jul 21st, 2026
Health system operating margins rebound to 0.4% in May amid shift in patient demand patterns.

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.

StreetInsider
Jul 15th, 2026
Strata Decision Technology Acquires c. myers to Unite Strategic Planning, ALM, and FP&A for Financial Institutions

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...

GlobeNewswire
Jul 14th, 2026
Strata Decision Technology acquires c. myers to unite strategic planning, ALM, and FP&A for financial institutions.

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.

Associated Press
Mar 31st, 2026
Strata Decision Technology launches AI-driven predictive analytics for healthcare finance

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.