While many industries use predictive analytics to forecast demand, healthcare finance has been slower to adopt these tools. With AI and machine learning, predictive analytics can transform how healthcare organizations forecast demand and manage finances.

This webinar will explore how finance and strategy leaders can integrate data science innovations into traditional forecasting to improve planning efficiency and precision.

Key learnings:

  • The challenges and limitations of traditional financial forecasting methods
  • How systems are using AI in enterprise performance management to improve planning decisions
  • The essential data sources required for AI-driven analysis and prediction

Join peers, Strata experts, and industry leaders for two days of insightful sessions, and hear how healthcare organizations across the country are tackling today’s biggest challenges. Leaders from peer organizations will share best practices that will help you propel your organization’s financial planning, analytics, and performance processes.  

Choose from more than 15 CPE-accredited sessions on leading industry trends, financial planning and analysis strategies, lessons learned from peers, and our latest product innovations.

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Innovative Solutions

Learn about new innovations to help move your organization forward in this vast era of change.

 

Industry Best Practices

Hear from our Strata network and family of users from leading healthcare organizations. Learn how your peers are tackling commonly faced challenges.

 

Optimize How You Use Strata Products

Connect with company leaders and product experts to get the most out of your Axiom and StrataJazz solutions.

 

In 2017, Strata Decision Technology developed the L7 Cost Accounting Model in partnership with HFMA to address the need for more accurate cost accounting. This model provided the industry’s first cost accounting roadmap aimed at helping hospitals and other healthcare organizations assess the true costs of providing care. This webinar revisits the L7 Model with a few updates to take advantage of the lessons learned and the expanded technology now available. We’ll highlight examples of how incorporating peer comparisons to enhance data integrity in the model can highlight where organizations deviate from benchmark cost data and the impact that just a couple percentage points of deviation can have on your bottom line. Sponsored by: Strata Decision Technology

Location: Lakeside Center McCormick Place | Chicago, IL

 Connect with your business officer colleagues and higher education service providers to explore how you can elevate your impact on your team, your institution, and higher education through leadership, innovation, and collaboration.

Location: Mandalay Bay Convention Center  | Las Vegas, NV

Find us at Booth 137!

Stop by the coffee bar sponsored by Strata to recharge your brain cells. Then visit our booth #137 to explore our enterprise performance and intelligence platform. We offer financial analytics infused with data from the largest healthcare data set in the industry. Find out why we’re #1 in KLAS and trusted by 2,000+ hospitals.

our team

Joel Gerber

Senior Vice President, Product Management

Alina Henderson

Vice President, Solutions & Marketing

Jonathan Johnson

Senior Vice President, Healthcare Sales

Greg House

Vice President, Business Development

Location: Boston Marriott Copley Place | Boston, MA

The FMS Forum Annual Conference is designed specifically for finance professionals, comprised of topics selected by your peers.  With topics covering the most pressing issues in the industry, keynote general and breakout session speakers focus on the latest hot topics.  The diverse lineup allows for you to create your own schedule by selecting the sessions of your choice during the day that will best support your professional development and institution.

Find us at Booth #407

Drop by our booth, explore our solutions and check out the top 5 things to do in Chicago while you’re here!

Over 4 days of sessions, you will hear hundreds of elite hospital and health system executives discuss topics such as health IT, consumerism, workforce, finance, executive leadership, value-based care, telehealth, physician burnout, payers, health equity and pharmacy costs.

meet our team

Cara Boaz

VP, Client Success Management

Steve Wasson

Chief Data & Intelligence Officer

Alina Henderson

VP, Solutions & Marketing

Greg House

Senior Director, Regional Business Development

Strata’s Top 5 Things to Do in Chicago

1. Visit Chicago’s Riverwalk

Discover Chicago’s architectural wonders on a river boat tour, then explore the Riverwalk’s shops and riverside dining options for a complete experience.

Directions from the Hyatt

2. Have Dinner at Chicago Cut Steakhouse

Take in breathtaking views of the city at Chicago Cut Steakhouse or check out other fantastic spots like Girl & The Goat, Frontera Grill, Aba, or Ramen-San.

Directions from the Hyatt

3. Immerse in Chicago’s Iconic Art Institute

The Art Institute of Chicago, located on Michigan Ave in Grant Park, was recognized by TripAdvisor as the best museum in the world in 2022, making it a must-visit when in Chicago.

Directions from the Hyatt

4. Enjoy a Cup of Coffee at Starbucks Reserve Roastery

Discover the world’s largest Starbucks in Chicago and treat yourself to crafted coffee drinks and unique cocktails.

Directions from the Hyatt

5. Visit Strata’s Chicago Office

Find a peaceful workspace just one block away from the hotel at Strata’s Chicago office. Visit our team and explore the space while enjoying one-of-a-kind stunning views of the city from the 50th floor of the AON center.

Directions from the Hyatt

Book a place at our office!

Texas Health Resources is using real-time workforce data to improve the nursing experience and empower their nurse managers (and leadership) to make more informed staffing decisions.

During this webinar, leaders will share how they used their performance management tool to unite staffing and scheduling data, trended volumes and census-based targets into a single source of truth for nurse managers to create action plans and communicate decisions to leadership. Hear feedback from front-line managers on how real-time workforce data has created efficiency in decision-making.

Key learnings:

  • The value real-time insights have brought to their nursing teams
  • How real-time data can empower nursing leaders to make cost-informed staffing decisions
  • How a single source of truth can allow for more efficient staffing huddles and resource allocation conversations

In order to optimize staffing with real-time labor data, organizations must equip their leaders with trustworthy data, in the right format, at the right time. This means analyzing your source data, using a tool to present actionable analytics, and defining a process which incentivizes agile-decision making. Join leaders from Strata Decision Technology to discuss building a culture centered around incorporating real-time data and insights into staffing decisions. Original Live Webinar Date: August 17, 2023

Key learnings:

  • Understand organizational mindset required to incorporate real-time data into daily staffing decision-making
  • Identify necessary steps to enable accurate and actionable labor management data that can be generated and used in real time
  • Recognize the importance of comprehensive timekeeping policies required to empower the use of real-time data
  • Understand the skillsets required for department leadership to leverage real-time insights for more accurate decision making

Find us at Booth 125!

Grab a free coffee on us at the Strata-sponsored coffee station, located in the Delta Lobby alongside the HFMA registration booth. From there, visit us at Booth 125 during exhibit hours to speak with Strata’s experts, see our solutions, and design a financial dashboard of your own with one of our Solution Engineers.

meet our team

Cara Boaz

VP, Client Success Management

Steve Wasson

Chief Data & Intelligence Officer

Alina Henderson

VP, Solutions & Marketing

Greg House

Senior Director, Regional Business Development

Introducing Real-Time Workforce Management

A brand new offering for Stratajazz, Real-Time Workforce Management is a one-stop-shop for unit managers, supervisors and nursing leadership to investigate and react to immediate staffing needs. Our intuitive solution presents true operational data and empowers trusted decision-making.

Aggregates data from multiple source systems every 15 minutes for intuitive, efficient and “real- time” insights

Calculates accurate census projections and presents true patient census to highlight variances

Accelerates visibility into true payroll expense using detailed payroll rules to mirror internal systems

Curates persona-based dashboards, visualizations and commentary, serving as the center for huddles and labor review meetings

Exclusive Session

Join leaders from Texas Health Resources as they discuss the impact of using real-time data in driving accountability, financial stewardship and labor efficiency.  Review the systems they’ve used to empower nurse leaders to make informed staffing decisions.

Date and Time

6/28/22 4:05 PM – 4:55 PM MT

Location

Presidential A | TCDA

Speakers

Strata: John Baker, Joe Grimaldi

Texas Health Resources: Luke Gorman, Elizabeth Asturi

Learning Objectives
  • Discuss how organizations are engaging staff in productivity conversions and accountability processes.
  • Develop an adoption and rollout strategy of a real-time workforce management platform and process.
Session Credit

CPEs: 1.0

Program Level: Basic

Field of Study: Specialized Knowledge

Prerequisite: None