Launches ambitious strategy to transform clinical and financial performance
Sentry Data Systems, a leader in 340B compliance and advanced healthcare analytics solutions, announced recently that Auburn Community Hospital (ACH), a not-for-profit, 99-bed, acute care facility serving a population of approximately 80,000 in the Auburn, New York, area, has selected Sentry’s healthcare analytics, 340B compliance and drug procurement solutions to help transform the hospital’s clinical and financial performance.
According to Travis Leonardi, CEO of Sentry Data Systems, “We’ve led the market in the 340B world for more than a decade and are now proud to complement this offering with the most advanced analytics solution available in the healthcare industry today. ACH realized the value of combining our solutions to improve patient care, maximize quality, increase operating efficiencies and reduce costs across the organization, and we’re confident their ROI will be dramatic.”
ACH expects to gain efficiencies by integrating Sentry’s comprehensive suite of solutions, including Agilum Service Line Costing and Profitability (SLCP), Sentinel 340B compliance & drug procurement, and Sentrex 340B contract pharmacy management.
ACH has dedicated significant resources to facilitate the transition to value-based care through detailed analysis of cost, quality and productivity trends and outliers. However, they realized they lacked the true data transparency and near real-time data required to make immediate and actionable changes. Sentry’s Agilum SLCP solution in particular will enable the hospital to access its data in near real-time and analyze critical quality, volume, cost and margin metrics within each of its service lines.
According to ACH’s CFO, Jason Lesch, “We have made great progress in our financial reporting during the two years I have been here. Sentry’s data analytics software is the next step in this process. Our hospital is very good at addressing issues when we know what they are. The problem has been the time it takes to identify them. If we can identify trends and outliers on an almost concurrent basis, and drill down into the detail, the sooner we can address issues financially and operationally. It is very easy in a community hospital to lose a significant amount of money in a short period of time. It is much more difficult to do the opposite.”
ACH will leverage the combined power of Sentry’s Agilum SLCP, Sentinel and Sentrex solutions to improve its enterprise-wide clinical and financial performance. Lesch noted, “Our organizational goal is to know on a daily basis how we are doing in all aspects of our business, from quality to financial, so that we can continually improve performance from a clinical and financial standpoint. We look forward to partnering with Sentry in this journey.”
About Sentry Data Systems, Inc.
Located in Deerfield Beach, FL, Sentry Data Systems, a pioneer in automated pharmacy procurement, utilization management and 340B compliance, is leading the healthcare industry in turning real-time data into real-world evidence through comparative, rapid-cycle analytics™ to reduce total cost of care, improve quality and provide better results for all. More than 10,000 hospitals, clinics, integrated delivery networks (IDNs) and pharmacies across the country rely on Sentry’s unique proprietary data set for their analytics, procurement, drug utilization and compliance solutions. Since 2003, Sentry’s solutions have processed over 7.8 billion dispensations on more than 1.5 billion claims and currently provide decision support for more than 99 million patients. To date, Sentry has helped hospitals, health systems and IDNs realize more than $7 billion in savings to help them better meet their safety net mission and continue to serve their communities.
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Sentry Data Systems