Strata Report Reveals COVID-19 Impact on U.S. Healthcare Delivery

September 23, 2020

CHICAGO, September 23, 2020 — A comprehensive six-month study of patient and procedure volume at 275 hospitals by Strata Decision Technology (Strata) revealed the significant financial and operational impact of the COVID-19 pandemic on the U.S. healthcare system. The National Patient and Procedure Volume Tracker™ from Strata reveals the clinical and financial implications of COVID-19 treatment, details volume and revenue trends from the past six-months and documents the impact of telehealth adoption.

How Time-Driven Costing in Healthcare Boosts Staffing, Revenue Cycle

January 05, 2021 – As people sweep up the confetti and put long-stemmed glasses back in the cabinet after New Year’s Eve, many emergency department providers are coming home after a busy night.

The hours between the end of one year and the start of another are notoriously high-volume times for hospitals and health systems. Put that on top of already existing challenges created by the ongoing COVID-19 pandemic, and providers are finding themselves stretched thin this new year.

How Two Health Systems Got Off the Consultant Merry-Go-Round

April 27, 2020

U.S. hospital spending on management consultants has been creeping steadily upward for decades. In the last three years alone, hospitals increased their investment in consultants from $45 billion annually in 2017 to an estimated $63 billion in 2019, according to Consultants.us. Typical engagements for a mid-sized hospital run in the neighborhood of $1 million a month – a hefty cost for organizations struggling to maintain already slim margins.