When you collect more data and process it with better systems, the financial outcome can often be staggering. A pair of major healthcare systems have learned the truth of this lesson, as both have seen a dramatic increase in savings and eligibility capture after switching to Sentinel RCM™.
Alegent Health and Saint Barnabas Health Care System both immediately and significantly improved their 340B savings over their past software solutions. The difference is in the data and advanced charge master decision support that Sentinel RCM’s core application provides. Combined with the 340B Module, the hospitals were able to track missing 340B patient eligibility and resolve incorrect mappings which resulted in more savings.
“We’re projecting three times as much in savings as we would with our previous vendor over a year’s period,” said Mike Tiesi, Director of Pharmacy for Alegent Health.
Sentinel RCM also gave both customers the opportunity to reclaim historical 340B eligibility that had been missed by other vendors. Combining this significant savings with ongoing performance, it’s clear why Drew Misuro, Corporate VP of Saint Barnabas, said the healthcare system was “light years” ahead in results with Sentry as their software provider.
For more information, read the full case studies below: