
Sentry Data Systems
Technology solutions that help healthcare providers.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
$400m Valuation: $400m | Acquisition | ||
Total Funding | 000k |
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Sentry Data Systems, Inc. operates in the healthcare technology sector, providing an integrated platform that optimizes pharmacy procurement, drug utilization, and compliance solutions. Serving over 11,000 hospitals, clinics, integrated delivery networks (IDNs), and pharmacies across the United States, Sentry's solutions have processed nearly 11 billion dispensations on over 2.8 billion claims since 2003. The company has helped health systems realize more than $21 billion in savings, aiding them in meeting their safety net mission and continuing to serve their communities.
Sentry's business model focuses on offering software solutions that simplify the complexities of pharmacy procurement, utilization, and compliance. The platform features advanced NDC (National Drug Code) mapping functionality and flexible configuration options tailored to meet specific business processes and 340B program requirements. The company also provides built-in audit tools and reports, supported by a dedicated team of 340B Apexus Certified Experts, ensuring clients are well-prepared for HRSA (Health Resources and Services Administration) audits.
Revenue is generated through subscription fees for its software solutions and additional services related to compliance and audit support. The primary market includes healthcare providers who participate in the 340B Drug Pricing Program, which allows them to purchase medications at reduced prices.
Keywords: healthcare technology, pharmacy procurement, drug utilization, compliance solutions, 340B program, HRSA audits, NDC mapping, software solutions, healthcare providers, cost savings.
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Investments by Sentry Data Systems
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