LogicStream, a Minneapolis, MN-based provider of Clinical Process improvement solutions has raised $6 million in Series B funding led by Noro-Moseley Partners with participation from existing investors. The company plans to use the latest round of funding to expand its technology platform, sales, and marketing teams.
Founded in 2013, LogicStream allows health systems to standardize processes, understand how care delivery impacts clinical outcomes, and drive clinician adoption. With self-service access to the information operational stakeholders need throughout health systems, LogicStream clients are experiencing improved clinical outcomes and reducing the cost of care.
“We are seeing rapid growth in the market demand for robust Clinical Process Improvement solutions, as evidenced by several recent new customers,” said LogicStream Health CEO Patrick Yoder in a statement. “As health systems come to understand the need for self-service access to the critical process information needed to improve quality and clinical outcomes, they recognize the importance of our solutions. Leveraging this new capital and Noro-Moseley Partners’ experience in healthcare information technology, we can accelerate our growth to meet this market demand and build out our vision for true Clinical Process Improvement.”
