Navigation Links
New 340B Integrity Provisions in the Affordable Care Act Could Result in Substantial Financial Penalties
Date:6/22/2011

DEERFIELD BEACH, Fla., June 22, 2011 /PRNewswire/ -- Sentry Data Systems, Inc., a healthcare business intelligence technology solutions company, is poised to help hospitals and entities that may come under review due to the Affordable Care Act. Recently, the 340B drug pricing program has had heavy scrutiny from the Pharmaceutical Research and Manufacturers of America (PhRMA). Sentry offers hospitals 340B solutions that maintain compliance and produce an audit trail of transactions.

"Today we support hundreds of hospitals across the US," Travis Leonardi, President and CEO of Sentry said. "These hospitals trust Sentry because of our extensive 340B experience. Our solutions not only give hospitals and health systems the confidence that their entity is in compliance, but they also provide a maximum capture rate and improve financial performance."

When utilizing a 340B Contract Pharmacy to extend the benefits of 340B to your patients, the technology needed to maintain compliance is significantly more complex than the requirements needed for a Federally Qualified Health Center (FQHC) or Community Health Center (CHC). Sentry has hundreds of contract pharmacies using its systems today, and it has the experience and infrastructure in place to provide both a comprehensive and fast deployment for new clients. As the 340B program continues to be further scrutinized by various agencies, it is critical that hospitals and contract pharmacies reevaluate their current 340B accounting procedures and are fully prepared for an audit. "Our mission is to constantly demonstrate and deploy 340B 'Best Practices,' as well as to educate and provide the proper tools to maintain compliance and stay within the intended use of the invaluable 340B drug pricing program. With the proper tracking and auditing tools, there is no need to increase the costs associated with increased regulation," said Travis Leonardi.

"As drug manufacturers attempt to redefine the definition of a patient, inquiry letters are being sent to covered entities every month about their current 340B utilization," Leonardi said. "We are positioned to help these entities respond to those inquiries with confidence that they are using the 340B program in compliance with regulations."

Sentry's solutions are user-friendly and include a range of features, such as real-time point of sale eligibility, execution on entity's specific policies and procedures, automated utilization of charges to entity's specific 11 digit NDC purchases, "just in time" inventory tracking, and much more.

About Sentry Data Systems

Located in Deerfield Beach, FL, Sentry Data Systems, Inc. is a healthcare intelligence company offering technology solutions that address a wide variety of workflow, compliance, technical and financial challenges. Sentry's products serve hundreds of hospitals and pharmacies across the country and have saved clients millions of dollars to date. Sentry processes millions of eligibility, financial, clinical, and pharmacy transactions per day on over 15 million patients.

For additional information on Sentry's industry-leading technology solutions, go to www.SentryDS.com or call 800.411.4566.


'/>"/>
SOURCE Sentry Data Systems, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Kingman Adds Craneware Revenue Integrity Solution - InSight Denials®
2. Harco Partners With ConMediSys to Deliver Patient Safety and Equipment Integrity
3. Emdeon Acquires Chapin to Enhance Provider-Focused Payment Integrity
4. MAQUET Cardiovascular Introduces New VASOSHIELD Pressure Controlling Syringe to Help Preserve Graft Integrity for Coronary Artery Bypass Surgery Patients
5. Craneware Shares Patient Estimation Revenue Integrity Insights
6. New York States Largest Integrated Health System Chooses Craneware Revenue Integrity Solutions
7. Intermountain Healthcare Selects Craneware Revenue Integrity Solutions
8. Pulmo BioTech Inc. Announces that Its Pulmonary Vascular Diagnostic Product Candidate PulmoBind(TM) Shows Early Indications of Being Able to Diagnose a Wide Range of Medical Conditions Affecting the Physical and/or Biological Integrity of the Pulmon
9. Reportlinker Adds Impact of Counterfeits on Parallel Trade & Pharmaceutical Distribution: Issues, initiatives and insights for supply chain integrity
10. Senior Executive to Share Views On Physician Payment Sunshine Provisions
11. NACDS, NCPA: Victory for Patients, Pharmacy as CMS Moves to Withdraw Provisions of AMP Rule Currently Blocked by Injunction
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... , February 12, 2016 /PRNewswire/ ... nicht anders vermerkt)   http://www.sedar.com ... http://www.telestatherapeutics.com abrufbar.    --> ... des Unternehmens http://www.telestatherapeutics.com abrufbar.    ... (TSX:TST; PNK:BNHLF) veröffentlichte heute seinen Konzernabschluss des ...
(Date:2/12/2016)... , Kalifornien, 12. Februar 2016  Sequent ... der Aufnahme von Patienten für eine Studie zur ... Aneurysmen („WEB") speziell für die Behandlung von rupturierten ... , MD, Leiter der Neuroradiologie an der Universitätsklinik ... und Hauptprüfarzt der CLARYS-Studie hat den ersten Patienten ...
(Date:2/12/2016)... 2016 On Thursday, Feb. 11, 2016, surgeons ... David,s North Austin Medical Center successfully completed the first ... ® Surgical System with Trumpf Medical,s advanced operating ... Lakshman , M.D., colorectal surgeon at the Texas Institute ... Table Motion technology, which seamlessly combines the da Vinci ...
Breaking Medicine Technology:
(Date:2/12/2016)... ... ... CDRH Enforcement Trends: , Back to the Future , Feb. 25, 2016 — 11:00 a.m. ... “Those who don’t learn from history are doomed to repeat it.” , An analysis of ... year. But that takes time. , Take a close look at the warning letters ...
(Date:2/12/2016)... ... , ... As a former television executive, owner Tal Rabinowitz knows how stressful ... decompress, Rabinowitz found herself drawn to a casual meditation class while working at NBC ... implementing a 20-minute-per-day meditation practice with her team. After her tenure at NBC, she ...
(Date:2/12/2016)... ... February 12, 2016 , ... The ThedaCare Center for ... General Hospital on April 5-7. The series is a multi-day, multi-workshop event designed ... workshops cover a broad range of topics, including coaching skills, the scientific method ...
(Date:2/12/2016)... ... February 12, 2016 , ... Fisher House Foundation Chairman and CEO ... Lee, Nevada Military Support Alliance president Scott Bensing, and Peggy Kearns Director, VA Southern ... Nevada Healthcare System. This will be the first Fisher House in Nevada, and ...
(Date:2/12/2016)... ... February 12, 2016 , ... Vail knee specialist Robert LaPrade, MD, ... in 2016 . The list consists of physicians establishing, leading and partnering with ambulatory ... , An Ambulatory Surgery Center, also known as an ASC, is a modern ...
Breaking Medicine News(10 mins):