Strata Decision Technology Names Dan Michelson as CEO
Jun 19, 2012 (Close-Up Media via COMTEX) --
Strata Decision Technology, a company focusing on the development of software tools for financial and business analytics in the U.S. healthcare market, has announced the appointment of Dan Michelson as CEO.
With over 20 years of experience, including over a decade leading the healthcare information technology market, the Company said that Michelson is a well-respected healthcare industry veteran with a track record of driving growth in healthcare businesses.
Michelson most recently served as Chief Marketing and Strategy Officer for Allscripts Healthcare Solutions. In his 12 years with the Company, he helped grow the organization from 100 to over 6,000 employees and from $26 million to over $1.4 billion in annual revenue, one of the great growth stories in healthcare information technology over the last decade. During his time at Allscripts, he led teams in product management, strategic planning, marketing and sales.
Strata Decision noted that its SaaS (Software as a Service) solutions are used by over 1,000 healthcare organizations, including academic medical centers, community hospitals, children's hospitals and healthcare systems in the U.S. including Adventist Health, Christus Health System, Cleveland Clinic, Dignity Health (formerly Catholic Healthcare West), Duke University Health System, Intermountain Healthcare, Legacy Health System, NYU Medical Center, Spectrum Health and Yale New Haven Health.
"Strata Decision is exceptionally well positioned with unparalleled analytics capabilities, real insights that improve financial performance, and, ultimately, result in more and better healthcare," said Michelson. "With a solid foundation, including an innovative set of solutions and strong client base of top-tier organizations, I couldn't be more excited to join the team and help drive the next stage of growth for the company."
Michelson's prior experience includes providing strategy and operations redesign consulting for many hospitals and health systems in the U.S. as well as serving in a number of roles at both Baxter International, a medical supply company, and AstraZeneca, a pharmaceutical company.
"Dan brings significant leadership experience guiding high-growth companies at the intersection of healthcare, and information technology. He has worked across multiple market segments including hospitals, health systems, and physician practices and across many management disciplines, with a particular strength in product strategy, marketing, sales, and general management," said David Bainbridge, a member of Strata Decision's Board and a Managing Director for Veronis Suhler Stevenson (VSS), a global private investment firm. "He is a strong addition to a very solid management team."
Dr. Catherine Kleinmuntz and Dr. Don Kleinmuntz, the co-founders of Strata Decision, will continue to serve on the Company's executive team in significant senior leadership roles. Dr. Catherine Kleinmuntz, a professional in healthcare financial management and strategic planning, will serve as Executive VP and Chief Client Officer. Dr. Don Kleinmuntz, a specialist in business analytics, decision-making tools and processes, and information technology, will serve as Executive VP and Chief Analytics Officer, overseeing product direction for the Company. He will also serve on Strata Decision's Board, along with Michelson.
"This is a very strong company with extremely attractive growth prospects in a dynamic market," said Dr. Don Kleinmuntz. "Both Catherine and I are very proud of where the company is today and look forward to partnering with Dan to take the company to the next level."
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