Stratum Makes Strategic Investment in SA Ignite

Stratum Medical Group Alliance Members to Benefit from SA Ignite’s Experience in Medicare and Medicaid Value-Based Programs 

August 30, 2017 – SA Ignite, Inc., a leading provider of solutions that automate the management of complex value-based programs, today announced that Stratum, an alliance of some of the nation’s most recognized physician groups, has invested in the company as part of its recent round of fundraising. Stratum views SA Ignite as a strategic partner based on its comprehensive platform, proven results, and extensive experience with value-based programs.

Representing both physician-owned and health system-employed physician groups, Stratum provides a collaborative structure for approximately 10,000 physicians to come together for networking, negotiating, and shared learning. The organization was impressed by SA Ignite’s comprehensive cloud-based solutions; a combination of software and advisory services to enable healthcare organizations to gain efficiencies, improve scores, avoid penalties, and increase revenue for value-based programs. 

“We made the decision to invest in SA Ignite, not only for its unique solutions, but also because its education-first approach is aligned with our own mission,” said Trent Kramer, vice president and chief administrative and development officer of Stratum. “We are certain that SA Ignite’s deep regulatory expertise, coupled with its strategic vision for expanding its IgniteQ platform to manage additional value-based programs, will meet the on-going needs of our members.”

SA Ignite’s recent round of funding will fuel the expansion of its platform to help providers manage an evolving array of value-based programs. By simplifying value-based program management, SA Ignite enables its clients to improve performance and reduce financial and reputational risks.

“For more than 20 years, Stratum has selectively formed relationships with leading healthcare companies across the country for the benefit of its physician members,” said Dave Crofts, director of strategic partnerships of SA Ignite. “SA Ignite is thrilled to be recognized for its industry and regulatory expertise and as a leading solution provider that can meet the needs of Stratum members today and into the future.”

 About SA Ignite, Inc.

SA Ignite’s compliance management and predictive analytics platform simplifies the complexities of evolving value-based initiatives. Some of the nation’s largest healthcare organizations optimize their quality scores to reduce reputational and financial risk with the help of timely, actionable insights from SA Ignite. For more information, visit www.saignite.com.

About Stratum

Stratum, incorporated in 1996, is a medical group collaborative comprised of physician-owned and health system-employed physician groups with 15 shareholders located in Indiana, Illinois, Iowa, Michigan, Missouri, Kansas and Wisconsin as well as 70 healthcare clients across the United States of America. For more information visit www.stratummed.com.

 

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