WESTPORT, Conn., December 9, 2024 – LogicSource, the leader in procurement services and technology solutions, is proud to announce it has been honored in Modern Healthcare’s 2024 Best in Business awards. This award recognizes LogicSource’s success in achieving cost savings and operational efficiency for top health systems, including WellSpan Health, Greater Baltimore Medical Center, and The University of Vermont Health Network.
The American Hospital Association reports a steady increase in health costs by hundreds of billions. Hospitals continue to seek best practices to save money and boost efficiency. This award spotlights LogicSource as an innovator in the hospital supply chain. Cleveland Clinic, a world-class health leader and master-level supply chain, according to Gartner, recently announced its collaboration with LogicSource to deliver industry-wide best-in-class procurement strategies and lessons learned.
“This award highlights the positive outcomes we’ve achieved for our clients and reflects our team’s dedication to driving improvement in healthcare procurement,” said David Pennino, CEO of LogicSource. “Our mission is to empower healthcare providers to optimize their supply chain so they can focus on what matters most: exceptional patient care.”
Modern Healthcare’s Best in Business awards highlight organizations that drive excellence in healthcare and seek to relieve persistent challenges. LogicSource’s unmatched non-clinical pricing data and market intelligence, OneMarket Source-to-Pay technology, and Center of Excellence experts play a pivotal role in this transformation. Through collaboration with LogicSource, healthcare organizations reduce non-clinical expenditures and redirect resources to high-touch areas of patient care.
This award follows several other achievements for LogicSource. This year, the procurement services leader achieved Star Performer status in the Everest Group PEAK Matrix and earned recognition from Inc. 5000, Spend Matters, and Financial Times for its substantial growth and business expansion.
For more information about LogicSource and its industry-leading supply chain solutions, visit www.logicsource.com.
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