About Us
Stratum, incorporated in 1996, is a physician owned and governed services company
with Shareholders located in Indiana, Illinois, Iowa, Michigan, Ohio
and Wisconsin. Stratum was formed by nine highly successful Midwestern medical groups.
Stratum has selectively added Shareholders to expand strategically and now consists
of seventeen shareholders, the vast majority of which can be classified as independent,
multi-specialty group practices. Each Shareholder is both an owner and a customer
of Stratum's products and services. Currently, there are approximately 2,100 physicians
associated with Stratum.
Stratum is an Illinois corporation with 1 million shares of common stock outstanding.
This stock is held by the Shareholders highlighted in the
"Shareholders"
section of this site. The Shareholders are either physician professional corporations
(clinics) or hospitals who have related physician organizations. Each Shareholder
enters into a Service Agreement with Stratum to buy services. These services are
provided via Stratum’s distinct product lines:
Stratum Shareholders share the following philosophies and ideals which creates the
driving force behind Stratum's business model:
- Leverage, whenever possible, Stratum’s collective buying power when negotiating
with vendors or service providers
- Avoid "re-inventing the wheel" each time a common project or initiative surfaces
when a Stratum product, endorsed by all Shareholders, can be rolled out.
- Driven by best practice standards, standardize processes where possible and migrate
toward common systems.
- Create a "second to none" peer group where issues can be shared and discussed.
- Share the talents and capitalize on the wealth of intellectual capital that exists
amongst Shareholders.