Sentry Data Systems Ranked #1 KLAS Category Leader for 2014 in 340B Management (Inpatient)

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Mar 19, 2015, 07:00 ET

DEERFIELD BEACH, Fla., March 19, 2015 /PRNewswire/ -- Sentry Data Systems, Inc. (Sentry) proudly announces that it has been named the KLAS Category Leader 2014 in 340B Management (Inpatient) as part of the "2014 Best in KLAS" report.ⁱ KLAS is an industry research firm that improves the delivery of healthcare technology by independently measuring and reporting on vendor performance. The Best in KLAS report ranks healthcare vendors and their solutions by the professionals who use them—healthcare providers.

The annual Best in KLAS Awards report lists the highest-performing vendors in healthcare IT, as rated by their clients. A Category Leader designation identifies the top-rated vendor product for each market segment and is determined by end-of-year KLAS performance scores. Category Leaders hold the distinction for a full year, until the next Best in KLAS Awards report is published.

Sentry's Category Leader distinction is a follow-up to the KLAS "340B Management Systems: Relieving the Audit Pressure" Performance Report, published in March 2014ⁱⁱ, in which Sentry was ranked highest for provider confidence for HRSA audit preparation with "94% of Sentry customers confident their product had sufficiently prepared them for an audit." Within this same report, Sentry also ranked #1 for customer satisfaction in four additional 340B-specific categories: Internal Reporting/Analytics, NDC Cross-Reference Issues, Working with Contract Pharmacies and Response Time to Legislative Changes.

"We are extremely proud of the consistent recognition we receive from KLAS for our 340B Management software," said Travis Leonardi, Sentry's CEO and Founder. "Sentry customers are some of the most satisfied in the industry, and we thank them for their ongoing support," adds Leonardi.

According to Leonardi, hospitals are facing tough economic times; they are tightening belts and securing every penny of cost savings available. The 340B Program allows safety net providers the ability to offset their unreimbursed pharmaceutical costs of care—without increasing federal subsidies. It is a critical program for hospitals and other facilities caring for high un- and under-insured patient populations. Sentry's Sentinel solution helps these hospitals manage their hospital mixed-use purchasing and 340B contract pharmacy relationships to maintain compliance with evolving healthcare legislation.

"It has always been our goal for customers to be confident in Sentry's ability to help them manage their 340B program, remain compliant, and successfully prepare for HRSA audits," concludes Leonardi. Sentry's Sentinel product is designed for hospital pharmacy procurement and 340B compliance, while its Sentrex product helps manage contract pharmacy programs. Both solutions identify eligible 340B dispensations, provide a complete audit trail to ensure compliance, and include self-auditing tools and preconfigured reports to help ensure that an organization's 340B program is operating as expected.

About Sentry Data Systems
Located in Deerfield Beach, Fla., Sentry Data Systems, Inc. provides technology solutions that help healthcare providers address their three biggest challenges: reducing total cost of care, managing compliance and producing better outcomes. More than 5,200 hospitals, clinics, integrated delivery networks (IDNs) and pharmacies across the country rely on Sentry's integrated platform for their analytics, procurement, drug utilization and compliance solutions. Since 2003, Sentry's solutions have processed more than 5 billion dispensations on more than 650 million claims and currently provide decision support for more than 62 million patients. To date, we have helped hospitals, hospital systems and IDNs realize more than $2 billion in savings to help them better meet their safety net mission and continue serving their communities.

About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare executives and clinicians, KLAS gathers data on software, services, medical equipment and infrastructure systems to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving supplier performance. KLAS was founded in 1996, and their staff and advisory board average 25 years of healthcare information technology experience. Follow KLAS on Twitter at www.twitter.com/KLASresearch.

Media Contact:
Karen Atkinson, VP of Marketing
Sentry Data Systems
[email protected]
800.411.4566 x2697 office
214.532.2552 cell

ⁱⁱKLAS "340B Management Systems: Relieving the Audit Pressure," March 2014. © 2014 KLAS Enterprises, LLC. All rights reserved. The report is available online and free to providers at: www.klasresearch.com

SOURCE Sentry Data Systems, Inc.