August 4, 2016 | Boston, MA: LogicManager, a leading provider of enterprise risk management software, was named a GRC 20/20 Value Award winner for driving unparalleled business value through ERM. LogicManager is recognized for providing Winona Health with software and services for the risk-based foundation needed to develop an industry-leading risk and incident management program.
As a large nonprofit healthcare provider, Winona Health has over 1,000 employees who report and manage over 3,000 incidents annually across their facilities network. Winona had just 45 days between signing their agreement with LogicManager and fully operationalizing their centralized risk and incident management program. Downtime in employees being able to report patient safety incidents would cause huge Center for Medicare/Medicaid Services (CMS) compliance and liability concerns. LogicManager’s dedicated support, flexible platform, and robust technology made implementation simple.
According to GRC 20/20’s Michael Rasmussen, author of the report, “LogicManager better situates Winona Health as a leader in innovation and better positions the organization to adapt to a rapidly changing business environment.” Furthermore, “by providing one solution that integrates incident management in the context of risk management, Winona Health has an increased capability and understanding of the actual [risks],” most crucial to the achievement of strategic goals.
With LogicManager’s risk-based foundation, Winona Health is better able to identify the root causes of incidents, reduce the number of cases reported, and shorten incident processing time.
“Winona Health’s goals demonstrate their program’s maturity and we commend them on their success,” said Steven Minsky, Chief Executive Officer of LogicManager. “By adopting a holistic approach to risk management, Winona Health is better positioned to mitigate risks before they turn into real threats. This will give them the ability to make informed, confident business decisions.”
LogicManager is a leading provider of enterprise risk management software with industry leading customer support and an easy-to-use SaaS platform. LogicManager has helped thousands of organizations Manage Tomorrow’s Surprises Today® with patent-pending Taxonomy technology and out-of-the-box content. LogicManager’s risk-based software and unlimited advisory support enables businesses to manage, connect and report on traditional governance, compliance, and performance information across the organization to transform decision making capacity.