Agilum provides enterprise business intelligence solutions that helps health systems improve operating performance through increased transparency and access to actionable financial information.
Sentry hopes that the acquisition will help it continue with development and expand comprehensive financial analytics via its proprietary platform. It claims that more than 76 million patients and 7,000 hospitals, clinics, integrated delivery networks (IDNs) and pharmacies are a part of the platform.
It also claims that since its inception in 2003, Sentry has helped healthcare organizations save more than $4 billion in savings.
“In Agilum, we see a highly compatible organization with great potential to strengthen and augment our proprietary platform,” said Travis Leonardi, CEO and Founder, Sentry.
“This acquisition is the next step in delivering on Sentry’s core vision to make available the data analytics and business intelligence critical for managing the entire healthcare enterprise.”
Mark McCurry, CEO, added, “Together with Sentry, we’re going to help our customers transform their business operations to thrive in today’s challenging, competitive environment, where value-based purchasing and other cost pressures put their margins at risk.”
