() and Sentry Data Systems inform New Technology to Help Health Care Providers More Cost-Efficiently Care for Underserved 11/13/2007
DUBLIN. Ohio. Nov. 13 /PRNewswire-FirstCall/ -- Cardinal Health today announced an exclusive alliance with Sentry Data Systems to deliver Web-based technology that helps eligible health care facilities apply manage and meet the stringent compliance requirements of the federal 340B medicate Pricing Program.
The 340B medicate Pricing Program offers medicate discounts to back up eligible hospitals and other federally qualified health compassionate facilities provide care for the nation's underinsured and uninsured patients.
Participation in the program can displace 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 act in the program are required to agree to strict compliance measures to verify the medicate 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 Scott Storrer group president of Cardinal Health's Healthcare Supply Chain Services - Pharmaceutical business. "Our new offerings help hospital pharmacies fully alter 340B compliance to maximize medication savings and make it easier for providers to extend quality compassionate in their communities."
Through an exclusive alliance with Sentry Data Systems. Cardinal Health now offers Sentinel RCM(TM) and Sentrex(TM) the health compassionate industry's only 340B solutions that are delivered via a Software-as-a-Service (SaaS) model which provides the benefits of commercially licensed internally operated software without the associated complexity and high sign be.
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 Cardinal Health's pharmaceutical distribution services through standard electronic data alter (EDI) connections and with leading pharmacy management and billing systems. For additional hospital pharmacy convenience the technology also interfaces with key Cardinal Health products such as Pyxis MedStation(R) automated medication management system. Cardinal com ordering system and CardinalASSIST(R) automated pharmaceutical replenishment system.
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 analyse 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 collect the considerable financial benefits afforded by its products using a minimal hardware footprint. Learn more at http://www sentryds com.
Headquartered in Dublin. Ohio. Cardinal Health. Inc is an $87 billion global company serving the health care industry with products and services that help hospitals physician offices and pharmacies decrease costs improve safety productivity and profitability and deliver better care to patients. With a focus on making supply chains more efficient reducing hospital-acquired infections and breaking the make pass of harmful medication errors. Cardinal Health develops market-leading technologies including Alaris(R) IV pumps. Pyxis(R) automated dispensing systems. MedMined(TM) infection surveillance services and the CareFusion(TM) patient identification system. The company also manufactures medical and surgical products and is one of the largest distributors of pharmaceuticals and medical supplies worldwide. Ranked No. 19 on the Fortune 500 and No. 1 in its sector on Fortune's ranking of Most Admired firms. Cardinal Health employs more than 40,000 people on five continents. More information about the affiliate may be open at http://www cardinalhealth com.
CONTACT: Media. Tara Schumacher. +1-614-757-6250,tara schumacher@cardinal com; Investors. Bob Reflogal. +1-614-757-3413,bob reflogal@cardinal com both of Cardinal Health. Inc.
Forex Groups - Tips on Trading
Related article:
http://www.devicespace.com/news_story.aspx?StoryID=77284&full=1
comments | Add comment | Report as Spam
|