Roper Buys Strata Decision Technology - Quick Facts

(RTTNews) - Roper Industries Inc. (ROP) announced that it has acquired Strata Decision Technology, L.L.C. Strata's management team, led by Dan Michelson, will continue to lead the business. The company will operate as part of Roper's Medical segment.

Strata Decision Technology provides a cloud-based financial analytics and performance platform that is used by healthcare providers for financial planning, decision support and continuous cost improvement. The company's customer base includes 1,000 hospitals and many of the largest and most influential healthcare delivery systems in the U.S.