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Giants' Pierce to meet with NYC investigators- Antonio Pierce is finally going to talk to investigators about what he did on the night Plaxico Burress shot himself.
Cardinal Health, Sentry Data Systems Introduce New Technology to Help Health Care Providers More Cost-Efficiently Care for Underserved
DUBLIN
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The 340B Drug Pricing Program offers drug discounts to help eligible hospitals and other federally qualified health care facilities provide care for the nation's underinsured and uninsured patients.
Participation in the program can lower pharmacy costs by an average of 24 percent(1). However, only a fraction of the more than 1,400 hospitals and 12,000 other eligible health care facilities are fully participating, primarily because managing program implementation and compliance can be labor- intensive. Entities that participate in the program are required to adhere to strict compliance measures to ensure the drug discounts are only claimed for drugs dispensed to eligible patients.
"Many health care facilities would like to participate more fully in the
340B Drug Pricing Program, but staffing and compliance challenges make it
difficult," said
Through an exclusive alliance with Sentry Data Systems,
- Sentinel RCM(TM) (Revenue Cycle Manager) automates pharmaceutical
procurement and replenishment for 340B, wholesale acquisition and group
purchasing organization contracts. It also tracks drug purchases,
dispensations and billing across all hospital departments. Going beyond
traditional inventory management to provide real-time integration of
comprehensive data including medication purchases, patient, physician,
dispensing and billing information, Sentinel RCM(TM) enables health
care providers to identify all possible 340B drug savings opportunities
- while also ensuring an end-to-end audit trail to facilitate
compliance.
- Sentrex(TM) provides all the functionality of Sentinel RCM, and also
enables disproportionate share hospitals to further extend community
care by extending 340B drug discounts to patients through outpatient
and/or retail pharmacies.
Sentinel RCM and Sentrex are built on a dynamic, rules-based engine that
has been designed to comply with 340B rules and regulations, and with the
covered entities' 340B policies and procedures. The technology interfaces with
About Sentry Data Systems, Inc.
Sentry Data Systems, Inc. is a market leading healthcare technology services company offering a wide range of products and services built upon its proprietary informatics platform. Sentry's flagship products, Sentinel RCM(TM) and Sentrex(TM), assist health systems with addressing a wide variety of pharmaceutical compliance, operational and revenue management challenges. Advanced audit mechanisms combined with detailed data translate into actionable intelligence for healthcare organizations, leading to reduced costs and safer outcomes.
Headquartered in Deerfield Beach, Fla., Sentry's Web-delivered solutions are sold via a Software-as-a-Service (SaaS) business model, allowing organizations to reap the considerable financial benefits afforded by its products using a minimal hardware footprint. Learn more at http://www.sentryds.com.
About Cardinal Health
Headquartered in Dublin, Ohio,
(1) 340B Drug Pricing Program: Results of a Survey of Participating
Hospitals, A Joint Publication of The NORC Walsh Center for Rural
Health Analysis, Working Paper #2007-03 and The North Carolina Rural
Health Research & Policy Analysis Center, Working Paper #90; May, 2007
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