Strata Decision Technology ranked No. 1 in cost accounting and service line analytics in the 2015/2016 Best in KLAS Report.
Strata develops cloud-based financial analytics and performance solutions to aid healthcare providers in financial planning, decision support and operating improvements. This is Strata's second consecutive year receiving top honors in the Decision Support-Business category.
"As we move toward a value-based reimbursements system, cost accounting has become a mission critical application," said Strata Decision CEO Dan Michelson. "Our focus is giving hospitals and health systems the insight they need to reduce unnecessary waste and variation so they use their finite resources more effectively in support of the community they serve."
KLAS's annual report reviews client user experiences and satisfaction scores to rank service and technology providers.
Strata Decision Technology currently serves more than 1,000 hospital clients.