LogicStream featured in ‘The Line’
Following the successful presentation at the Minnesota Venture Conference, Brian Martucci profiled LogicStream in ‘The Line,’ which ‘celebrates the Twin Cities by unearthing and telling stories about our new creative economy. By that we mean entrepreneurs and their start ups; makers and maker culture; architects and developers changing our cities; technology, education, and transit; arts and culture; restaurants, gardens, and the farm-to-table movement; the neighborhoods we love; and the best places to work and play.’
Martucci did a great job capturing the details of CEO Patrick Yoder’s presentation and the essence of what LogicStream has set out to do: Transform Health Systems. You can get the full article by visiting ‘The Line’ online.
Here are a couple snippets:
But the healthcare industry is notoriously inefficient. “Up to 30 percent of every dollar spent on healthcare is wasted due to unnecessary variations in care,” says Patrick Yoder, founder and CEO of LogicStream Health.
LogicStream is built around the aptly named LogicStream Intelligence Platform, an algorithmic “learning system built for standardization,” as Yoder described it in an October 1 presentation at the MN Venture Conference. The goal of the LogicStream Intelligence Platform is to “improve clinical quality, provider satisfaction and cost efficiencies throughout the enterprise [while reducing or even eliminating] some critical hospital acquired conditions,” according to the company’s website.
As more clients discover LogicStream’s solution, Yoder expects the LogicStream Intelligence Platform to scale rapidly. At MN Venture, he projected three- to four-fold growth in total protocol content between Q3 2015 and Q1 2017, a huge boost to the platform’s power and reach. The company currently has 12 employees, and that count is likely to increase through 2016.