The Drug Shortage App from LogicStream Health Wins 2019 MedTech “Clinical Efficiency Innovation Award”
Annual ‘Breakthrough Awards Program’ Recognizes Outstanding
Technological Innovations in the Health and Medical Industries
MINNEAPOLIS–(BUSINESS WIRE)–LogicStream
Health today announced that The
Drug Shortage App From LogicStream HealthTM won the
“Clinical Efficiency Innovation Award” by MedTech
Breakthrough, an independent organization that recognizes
technological innovation in the health and medical industries. This
award comes from MedTech Breakthrough’s annual awards program, which
garnered more than 3,500 nominations from across the globe.
The Drug Shortage App addresses the growing concern of the drug shortage
crisis in the U.S. healthcare system, and its many negative
repercussions. According to the U.S. Food and Drug Administration, the
number and duration of prescription drug shortages is growing; these
shortages lead to: rising drug costs; a negative impact on pharmacist
productivity levels; compromised or delayed medical procedures and drug
therapy efforts; and healthcare professionals forced to turn to other
medications, which can led to increased risks to patient safety.
The Drug Shortage App, however, works to provide healthcare
professionals and hospital pharmacists necessary early-warning
information to manage both supply and demand for specific medications
during a shortage. The app allows professionals to see which clinicians
frequently prescribe and dispense certain medications, to manage
inventory levels, and evaluate when the shortage is over.
Patrick Yoder, PharmD, Co-Founder and CEO, LogicStream Health, said,
“Our groundbreaking drug shortage app has tremendous momentum this year
with several new major U.S. health systems signing up and a healthy
ongoing demand and pipeline. We are thrilled to accept this honor from
MedTech Breakthrough and will continue to strive for innovation and
excellence in all we do in our mission to combat the nationwide drug
shortage crisis.”
“The annual awards program celebrates the world’s most outstanding
Digital Health and Medical Technology products, services and companies,
and LogicStream Health’s Drug Shortage App is certainly one to
celebrate,” said James Johnson, managing director, MedTech Breakthrough.
“This organization and product is actively working to address a real
concern within the healthcare industry, and they continue to use
innovation and creativity to do so. We are proud to recognize
LogicStream Health as a marquee innovator in our 2019 MedTech
Breakthrough Awards program.”
This annual MedTech Breakthrough awards program recognizes many
innovative companies and products from across the globe. Along with the
Clinical Efficiency Innovation Award, MedTech Breakthrough also names
winners in the following categories: Best Computerized Decision Support
(CDS) Solution, Patient Engagement Innovation Award, Best Overall
Healthcare Cybersecurity Company, Best Health Network Technology
Implementation, and dozens more.
About LogicStream Health:
LogicStream
Health is trusted by a community of high-performing healthcare
providers across the United States. The company’s software-as-a-service
(SaaS) platform as well as The Drug Shortage App stand alone in their
ability to help customers gain instant insights to improve vital
clinical processes and better control patient care. As a result,
hospitals and health systems reduce cost and improve outcomes.
Healthcare customers are saving millions of dollars on the LogicStream
Health platform. For more information about The Drug Shortage App, visit www.thedrugshortageapp.com.
About MedTech Breakthrough
Part of Tech
Breakthrough, a leading market intelligence and recognition platform
for global technology innovation and leadership, the MedTech
Breakthrough Awards program is an independent program devoted to
honoring excellence in medical and health related technology companies,
products, services and people. The MedTech Breakthrough Awards provide a
platform for public recognition around the achievements of breakthrough
health and medical companies and products in categories that include
Patient Engagement, mHealth, Health & Fitness, Clinical Administration,
Healthcare IoT, Medical Data, Healthcare Cybersecurity and more. For
more information, visit MedTechBreakthrough.com.
Contacts
Media Contact:
Jodi Perkins
847-508-0877
Jodi@outloomkarketingsrv.com
