LogicStream Health Achieves Transition Milestones with TreeHouse Health
TreeHouse Health, who invests in emerging healthcare companies and helps accelerate their growth, is proud to announce that LogicStream Health, a company that helps transform health systems by improving the clinical care process, is the first company to successfully achieve all transition milestones.
LogicStream Health joined TreeHouse Health in March 2014 as the fourth portfolio company, at which time they received capital investment as well as space. Entering TreeHouse Health as a revenue generating company with distinguished customers, LogicStream continued to make great strides during the past 18 months, including successful fundraising rounds, the addition of several new clients and positive user outcomes from the LogicStream Intelligence Platform. All these moves solidified the company’s goals of improved quality of care, cost containment and improved patient and provider satisfaction. LogicStream helps their customers by assessing and implementing improvements in the clinical care process.
During the time companies spend at TreeHouse Health, they are exposed to leading established healthcare organizations, investors, and other expert resources. Companies also gain media presence and further develop their business plan.
“We value the time we spent at TreeHouse Health,” said Patrick Yoder, CEO of LogicStream Health. “Our goals going in were to make greater connections within the local business community, hone our messaging and grow our business. TreeHouse Health helped us accelerate the timeline and our ability to achieve all those transition milestones. We look forward to our continued interaction with TreeHouse Health as a non-resident portfolio company.”
Once TreeHouse Health portfolio companies have sufficient traction in the form of revenue and fundraising they are typically ready to transition to their own space. However, it is the goal of TreeHouse Health to continue to support business development for non-resident portfolio companies.
“TreeHouse Health is extremely pleased with the progress LogicStream made during the 18 months they were here. We are proud of what they accomplished at TreeHouse Health and we look forward to continuing our support for them in the future as they work to solve critical problems in healthcare,” said J.D. Blank, Managing Director of TreeHouse Health.
Currently, the LogicStream Intelligence Platform supports more than 60 hospitals and 300 clinics in health systems across the county. Their new offices are headquartered in the North Loop neighborhood in Downtown Minneapolis. TreeHouse Health is currently looking for additional portfolio companies to add to the ecosystem.
About TreeHouse Health LLC
TreeHouse Health, established in 2013, helps emerging healthcare companies accelerate their growth by facilitating collaboration with Anchor Tenants while simultaneously providing investment, expertise and guidance around business development and brand exposure. To date, TreeHouse Health has invested in nine early-stage healthcare companies and has two Anchor Tenant relationships with Hennepin County Medical Center (HCMC) and Blue Cross and Blue Shield of Minnesota (BCBS). To learn more, visit TreeHouse-Health.com.
About LogicStream Health
LogicStream Health improves healthcare outcomes, patient/provider satisfaction and financial performance through innovative software and solutions. The LogicStream Intelligence Platform delivers results to health systems by reducing unnecessary care variation and providing the ability to assess, implement and measure the care delivery process to improve patient outcomes. With a strong and experienced team focused on innovation, LogicStream provides a scalable and sustainable method to improve quality and reduce the cost of healthcare. For more information, visit Logic-Stream.net.