“Gaining comfort with the predictions took time, but now, I always act on them, and having a few weeks of early notice makes a huge difference for operations and patient care.”
–Strategic Sourcing Pharmacist–
The first step in managing drug shortages is to become aware of newly emerging shortages as early as possible. LogicStream’s AI powered predictive model notifies health systems of new shortages weeks ahead of public notifications. We pool supply chain data across the hundreds of hospitals — data that includes manufacturer quality, wholesaler deliveries, prescribing, inventory levels and utilization — as the basis for Artificial Intelligence models.
A new shortage requires swift action based on vital clinical information, beginning with True Use — insights that arm clinical pharmacists with data to answer crucial questions about medication usage. What (and where) is our inventory? How is utilization trending? How many days on hand? Which departments and providers account for most of the utilization? LogicStream provides data about needed adjustments to wholesale purchasing as well as necessary shifts to substitute meds. Other insights include how order sets are influencing utilization. LogicStream gives pharmacists and the rest of your clinical staff True Use information and workflow tools needed to act in a coordinated way.
Those same crucial questions — and many more — apply to the thousands of other drugs managed by your Pharmacy department, not just shortages. LogicStream gives your pharmacists, technicians and buyers access to True Use insights for all these medications. We retrieve purchasing data from your wholesalers; inventory and transaction data from your automated dispensing systems; ordering and administration data from your electronic health records. We combine all this into LogicStream’s own unified, clinical data model.
We give clinical end users self-service access to the LogicStream data model. LogicStream reduces your dependence on IT projects to create reports or analytics resources. Has your pharmacy staff recently completed a Medication Use Evaluation (MUE) or cost management initiative and been hindered by access to data? With True Use and many other supply chain insights, LogicStream fills those gaps and gives you more complete and more timely results.
LogicStream delivers cloud-based, Software as a Service (SaaS) solutions. Initial implementation requires minimal IT effort. We use out-of-the box integration with data sources — no need to build interfaces or extract, transform and load (ETL) processes. We take pride in our responsiveness to customers’ support needs and their requests for new product features. We view every new customer engagement as the first step to a long-term partnership.
Let us show you how LogicStream Health is helping other health system Pharmacies use clinical data to make sound decisions about drug shortages, and drug supply in general. Read an overview about the Shortage Navigator, get answers to your questions and schedule your demo by clicking the button below!