Strata finalizes $365M acquisition of Allscripts budgeting, analytics business

Strata Decision Technology announced Oct. 15 it completed its $365 million acquisition of Epsi, Allscripts' healthcare decision analytics and budgeting business.

With the acquisition, Strata's clientele now includes more than 400 health systems and 2,000 hospitals. The software company offers a cloud-based financial analytics platform to support healthcare financial planning and decision support.

Epsi customers will also have the option to transition to Strata's platform, but do not have to, and can continue working with their same team for implementation, support and optimization.

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