How One Pharmacy Entrepreneur is Solving the Drug Shortage Crisis
On this episode of the Your Financial Pharmacist (YFP) podcast, Tim Ulbrich, YFP co-founder, interviews Dr. Patrick Yoder, co-founder and CEO of LogicStream Health.
Together, they discuss Patrick’s journey as a pharmacy entrepreneur, getting his PharmD from the University of Iowa, starting as a clinical pharmacist at Lake Regional Health System, serving as the Director and then VP of Clinical Development and Informatics at Wolters Kluwer to being the Co-Founder and CEO of LogicStream Health since 2013.
When Patrick graduated from pharmacy school, there was a shortage of pharmacists. He chose to become a clinical pharmacist, leading him into taking on more business roles in companies.
These roles motivated Patrick to use technology to change the way pharmacists work with electronic health records. He took risks to co-found LogicStream Health and continued his business-oriented journey. He currently serves as the company’s CEO. In 2018, The Drug Shortage App from LogicStream Health™ had its debut.
Patrick shares advice on starting an app, why serving in the community is important and also what should be done to expose more pharmacists to an entrepreneurial path in pharmacy school in this episode.
About Patrick Yoder
Patrick developed a passion for innovation by reengineering bicycles to better suit the needs of childhood. He started his career in medical research, then as a clinical pharmacist and an informaticist. He developed experience leading innovative teams at Wolters Kluwer. There, he spearheaded the creation of a solution that established the company as the recognized leader in the market within four years. He also led the informatics team at Hennepin County Medical Center before co-founding LogicStream Health. Patrick enjoys scuba diving, running and cycling in his time away from LogicStream Health.
LogicStream Health is trusted by a community of high-performing healthcare providers across the United States. The company’s clinical process control and improvement software-as-a-service (SaaS) platform stands alone in its ability to help customers gain instant insights to improve vital clinical processes and patient care. As a result, customers reduce cost and improve outcomes.
Also available is The Drug Shortage App from LogicStream Health™. It reduces risk to patients, controls medication spend and increases staff productivity as a result of the ongoing drug shortage epidemic. The LogicStream Health SaaS platform is ‘must-have’ technology enabling clinical teams to quickly improve clinical processes in near-real-time. It’s also designed for rapid implementation and easy adoption by end-user clinicians, informaticists, data analysts and executive teams.
LogicStream Health software today is supporting hundreds of hospitals on a scalable and sustainable technology platform to standardize processes and deliver highly reliable healthcare. For more information, please visit www.LogicStreamHealth.com.