PinnacleHealth is a not-for-profit healthcare system based in Harrisburg, Pennsylvania with four hospitals and over 1,300 affiliated physicians. PinnacleHealth serves the central Pennsylvania region, and when measured against all 257 Pennsylvania hospitals, PinnacleHealth ranks in the top 5 percent for patient experience for major joint replacements, heart catheterization and stenting, open-heart surgery, kidney transplants and spine/back surgery.
“It was clear that we needed a single platform for both financial planning, budgeting and management, as well as for better understanding and managing cost in support of our clinical mission,” said Bill Pugh, Chief Financial Officer, PinnacleHealth System. “Strata’s comprehensive and integrated financial planning and performance platform has become the gold-standard in the market. Their proven work in integrating with Epic will allow our clinical data to come together with cost data and enable us to better understand and communicate to our clinical professionals the relationship between variation in clinical care delivery processes and the impact on cost. This improved understanding of cost variation will support both clinical and administrative decisions that translate into greater value for the community.”
StrataJazz provides a cloud-based platform and single database for budgeting, forecasting, planning, cost accounting, and contract analytics while integrating with virtually any data source. Strata Decision’s extensive library of best practices enhances the accuracy, efficiency and effectiveness of critical financial planning and management processes.
“The rapidly changing dynamics of healthcare delivery and reimbursement mean that hospitals and health systems must shift their focus from the top line to the bottom line from a clinical and financial perspective,” said Dan Michelson, Chief Executive Officer of Strata. “PinnacleHealth understands that to deliver value-based care requires cost data that is accurate, accessible and actionable. We are thrilled to have the opportunity to support them in their mission.”
