Uniquely empowers customers to proactively combat drug shortages and rising pharmacy costs through predictive analytics and insights that support inventory management, clinical utilization, and provide benchmarking so health systems can achieve greater value through operating more effectively and efficiently SUGAR LAND, Texas , July 25, 2024 /PRNewswire/ -- QuVa Pharma, Inc. ("QuVa"), announced today the acquisition of LogicStream Health, Inc. ("LogicStream"), the Minneapolis, MN , based SaaS software informatics platform providing market-leading, cloud-based intelligence to healthcare system pharmacies.
LogicStream's machine learning and predictive analytics generate differentiated insights needed for customers to solve their most difficult problems, including addressing drug shortages. LogicStream will operate as a wholly owned subsidiary of QuVa. The combination establishes a progressive platform of integrated healthcare solutions combining the national scale of QuVa's market leading sterile compounding services and direct distribution capabilities , with LogicStream's innovative clinical process improvement pathways, drug shortage predictive analytics and management workflow, and robust drug diversion detection expertise.
As QuVa is the largest 503B Outsourcing company serving U.S. hospitals and health systems, the combination offers QuVa's customers unparalleled support harnessing data and insights through earlier detection and mitigation of drug shortages, and efficient.