UVA Health System Selects StrataJazz

Strata Decision Technology reported that University of Virginia Health System (UVA Health System) has selected StrataJazz for decision support and cost accounting.

The company noted that UVA Health System will add cost accounting to their current deployment of StrataJazz modules which the organization uses for financial planning and forecasting. Adding cost accounting and decision support to the StrataJazz platform will enable UVA Health to bring clinical and financial data together to make more informed decisions that drive better value for their patients.

"The time has come in healthcare where understanding cost and making that data actionable is a requirement, not just for finance, but for clinical leaders. Bringing together clinical and financial data for our providers will allow us to continue to enhance the value that we provide to the community we serve," said Rick Skinner, Chief Information Officer at UVA Health System.

According to a release from the company, UVA will integrate StrataJazz with their existing enterprise systems, including their Electronic Health Record (EHR) from EPIC Systems and their Enterprise Resource Planning (ERP) from Peoplesoft (Oracle).

"In order to adjust to the changing dynamics in healthcare delivery and reimbursement, the top systems are moving quickly to both understand cost and more effectively manage it. UVA Health System has built a reputation for delivering world-class care and our work together moving forward will ensure that they have cost data that is accurate and actionable to build upon that track record while adjusting to new market requirements," stated Dan Michelson, Chief Executive Officer of Strata Decision. "Our team is thrilled to have the opportunity to expand our partnership and extend our overall relationship for five more years."

UVA Health System is an academic health system.

Strata Decision Technology is a developer of SaaS (Software as a Service) solutions for financial and business analytics and decision support in healthcare.

More information and complete details:

www.stratadecision.com

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