Craneware, a healthcare market business offering automated value cycle solutions, has completed the acquisition of Sentry Data Systems Inc., a pharmacy procurement, compliance and utilization management provider, from Abry Partners. Craneware has also acquired Agilum Healthcare Intelligence, a pharmacy and financial analytics company focused on utilizing real-world data to deliver objective evidence for hospitals, life sciences companies and payers.

“Faced with increasing pressure to better manage costs and improve patient outcomes, U.S. healthcare providers must effectively use automation to generate actionable insights that enhance operational efficiency and compliance resulting in sustainable margins that can be re-invested in providing better care for those who are in need,” said Craneware CEO Keith Neilson. “We’re thrilled to add the healthcare industry’s leading 340B platform along with end-to-end compliance and performance improvement software to our robust value cycle solutions suite. These complementary additions provide healthcare organizations with innovative new ways to measurably impact operational and financial performance.”

“I’m excited that Sentry will now be part of Craneware to continue the mission of improving healthcare quality and reducing the total cost of care,” said Travis Leonardi, RPh, CEO of Sentry Data Systems. “The combined Sentry and Craneware organization represents a powerful opportunity to truly impact healthcare in a meaningful way by building upon our solid foundation of leading talent, innovative technologies and proven reputation across the spectrum of care.”

DLA Piper represented Abry Partners.