SRHS, based in South Carolina, has earned several prestigious awards including Spartanburg Medical Center (SMC) being named one of the 40 Best Hospitals for Common Care ratings by the U.S. News & World Report. A total of 4,600 hospitals were evaluated nationwide and SMC was the only South Carolina hospital to earn this honor. SMC earned high-performing status in five specialty areas: chronic obstructive pulmonary disease, heart bypass surgery, heart failure, and hip and knee replacement.
“We chose Strata because of their proven track record in helping providers better understand and manage cost,” said Bruce Davis, Vice President of Finance at SRHS. “Having better access to actionable and accurate data around costs will enable us to use our resources more effectively and deliver on our mission.”
A major focus of this agreement is bringing clinical and financial data together to make more informed decisions that drive better value for their patients. SRHS will integrate StrataJazz with their existing enterprise systems, including their Electronic Health Record (EHR) from EPIC and their Enterprise Resource Planning (ERP) application from Lawson.
“Leading healthcare providers like Spartanburg Regional Healthcare System are broadening their focus from simply driving volume to truly delivering value, from both a clinical and financial perspective,” said Dan Michelson, Chief Executive Officer at Strata Decision. “StrataJazz provides a platform to help them ensure that they are using their resources to support their clinical mission.”
StrataJazz is a single integrated SaaS platform for operational budgeting, decision support, financial forecasting, strategic planning, capital management, management reporting, and performance management. Strata Decision’s extensive library of best-practices enhances the accuracy, efficiency and effectiveness of critical financial planning and management processes.
To read the full press release and to learn more about Strata Decision and SRHS, click here.
