Sentinel RCM(TM) Now Provides Compliance to a Challenging New Federal
DEERFIELD BEACH, Fla., April 22 /PRNewswire/ -- Sentry Data Systems, Inc. today announced the availability of DRA Tool(TM), a new feature of its Sentinel RCM(TM) pharmacy revenue cycle management product. DRA Tool(TM) is a reporting and claims editing module that comprehensively supports the additional reporting requirements of Section 6002 of the Federal Deficit Reduction Act (DRA).
About The Deficit Reduction Act
The Federal Deficit Reduction Act (DRA), Section 6002, requires Medicaid participating ambulatory care providers to report the National Drug Code (NDC) when billing for physician administered medications on Medicaid claims. NDC numbers uniquely identify a pharmaceutical's vendor, product, and trade package size, and are maintained by the Food and Drug Administration. The previously unreported NDC is now required on claims submitted to Medicaid in addition to the currently required CPT/HCPCs codes and units.
DRA Tool(TM) Brings Comprehensive, Automated Compliance
Sentry's DRA Tool(TM) automatically matches the correct 11 digit NDCs with appropriate outpatient procedure codes to allow for uninterrupted claims payment by a state's Medicaid Program. Tracking the 11 Digit NDC provides a new mechanism for individual states to maximize their Medicaid rebates from manufacturers and is financially critical for states and responsible entities.
"Sentinel RCM's DRA Tool(TM) provides hospitals with immediate billing compliance by either electronically editing claims as they are submitted and by providing reports that comply with each state's individual requirements, " said Travis Leonardi RPh., C.P. President and Founder of Sentry Data Systems.
Existing Sentinel RCM(TM) customers need only contact Sentry for activation, and new customers can benefit from Sentry's experience in installing the required interfaces on a comprehensive list of Hospital Information Systems.
"New regulations and new compliance guidelines typically mean more work for a hospital's technical staff, but the power of the Sentinel RCM(TM) system is such that we can simply activate new features," said John Peebles, Sentry's CIO.
Sentry has a strategic alliance with Cardinal Health (NYSE: CAH) to bring these solutions to hospitals and health systems across the country. Steve Lawrence, Senior Vice President of Marketing for Cardinal Health's Healthcare Supply Chain Services - Pharmaceutical segment said, "Through our partnership with Sentry Data Systems, Cardinal Health is uniquely positioned to offer our customers a valuable service offering to address the challenges of the Deficit Reduction Act's reporting requirements to the state Medicaid offices."
About Sentry Data Systems, Inc.
Sentry Data Systems offers technology solutions which maximize efficiency while minimizing the administrative burden of pharmacy procurement. These products enforce compliance with an entity's policies and procedures relating to program regulations and processes. Built upon Datanex(TM), a robust informatics platform, they include Sentry's flagship products Sentinel RCM(TM) and Sentrex(TM), which address a wide variety of pharmaceutical compliance, operational and revenue management challenges.
Headquartered in Deerfield Beach, FL, Sentry currently serves clients in 15 states and its systems currently process over 260,000 healthcare transactions per day. For more information about Sentry, please visit http://www.sentryds.com/.
|SOURCE Sentry Data Systems, Inc.|
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