Sentry's Leadership in 340B Compliance Technology Featured at the Ninth Annual 340B Coalition Winter Conference

DEERFIELD BEACH, Fla., Jan. 23, 2013 /PRNewswire/ -- A team from Sentry Data Systems, Inc., will represent the 340B software industry leader at the Ninth Annual 340B Coalition Winter Conference from January 23-25, 2013 in San Francisco, Ca.

The event, which takes place at the San Francisco Hyatt Regency, features education, discussion, and exhibition by stakeholders and vendors related to the 340B drug discount program. Sentry continues its support of the conference and SNHPA through providing multiple sponsorships including our role with the Grand Prize Passport program and as the official Registration Package Presenter with every attendee receiving a Sentry messenger bag. As a Premium Exhibitor, Sentry will display information on its 340B compliance solutions designed for hospitals and pharmacies and illustrate its theme: "We've Got 340B Covered."

Sentry was founded and is managed by pharmacists who are focused on meeting the specific and complex data needs of healthcare institutions involved in the 340B program. Because of Sentry's focus, experience and its audit-ready 340B solutions, more than 1,000 Covered Entities and Community/Outpatient pharmacies across the country use Sentry's software to manage their 340B participation.  Sentry's technology offerings include, Sentinel RCM, Revenue Cycle Management for 340B mixed-use compliance management, and Sentrex, a Contract Pharmacy Solution. Both offerings meet the highest standards for healthcare data transfer with SSAE16 certification and HIPAA compliance.

Sentry's experience is evidenced by the participation of its leadership at the conference, including William Sander, our Executive Vice President of Sales, contributing to a roundtable discussion entitled "Contract Pharmacy: For Providers & Vendors." Sander will offer insights about Contract Pharmacy relationships applicable to both interested parties and organizations looking to maximize their existing involvement.

As part of Sentry's commitment to 340B stakeholders, it will also be giving out free copies of a new white paper called 340B Contract Pharmacies at the event.

Michael J. Sovie, Pharm.D., MBA, Senior Vice President of Sales at Sentry, authored and published 340B Contract Pharmacies, the second installment to a three-part white paper series about the 340B program.

"My goal was to aid the reader in analyzing the financial, operational, and compliance challenges present in contract pharmacy involvement," Sovie says. "This white paper provides a framework for reviewing the technology and software available for dealing with the unique situation340B Covered Entities and Community/Outpatient pharmacies face when working together."

Sovie will be at the conference to discuss the paper, which was crafted to assist both eligible hospitals and potential retail contract pharmacy stakeholders in understanding the opportunity related to 340B contract pharmacy arrangements while discussing common regulatory hurdles, business challenges, and complexities that go along with it. 

"Many Covered Entities are using sub-par software for managing 340B contract pharmacy relationships, and as a result they fall short in the area of compliance," says Travis Leonardi, CEO and Founder of Sentry. "It was important for us as industry leaders to educate stakeholders on the necessity of using a solution that is specifically designed for 340B program management."

To read 340B Contract Pharmacies, visit Sentry's booth during the Ninth Annual 340B Coalition Winter Conference or go to www.sentryds.com/340b-contract-pharmacies to download a copy.

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 on over 40 million patients to date. Sentry processes millions of eligibility, financial, clinical, and pharmacy transactions per day.

Press Contact:
Deborah McAvoy
Director of Marketing
Sentry Data Systems, Inc.
(800) 411-4566 x2700
[email protected]

SOURCE Sentry Data Systems, Inc.