LeanTaaS Wins for Clinical Efficiency Innovation in 2023 MedTech Breakthrough Awards Program

For the second consecutive year, LeanTaaS’ AI-powered iQueue product suite is declared an outstanding health and medical technology product that helps customers achieve high performance

SANTA CLARA, Calif., – May 4, 2023 – LeanTaaS, Inc., the market leader in providing AI-powered and SaaS-based capacity management, staffing, and patient flow software for health systems, today announced that its iQueue product suite has been selected as the winner of the “Clinical Efficiency Innovation Award” for the second consecutive year in the seventh annual MedTech Breakthrough Awards. The Clinical Efficiency category highlights ‘breakthrough’ systems and solutions that help users achieve higher levels of performance (outcome, output) relative to the inputs consumed (resources, time, money). The program is conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global health and medical technology market.

“We’re thrilled that for two years in a row, MedTech Breakthrough has recognized the important and exciting outcomes from transforming capacity management with AI. Healthcare leaders must take charge of optimizing their resources and operations to keep up with demand amid tightened budgets and staffing shortages,” said Sanjeev Agrawal, President and COO of LeanTaaS. “With our iQueue solutions, health systems know what’s coming more precisely than ever, and are empowered to take the right actions that increase access to care. Our AI-enabled automation solutions help leaders proactively create capacity exactly where it’s needed to safely do more with less.”

In addition to this recognition from MedTech Breakthrough, LeanTaaS recently earned the highest ratings in the inaugural KLAS Capacity Optimization Management Report. LeanTaaS customers achieve a variety of valuable outcomes, including decreased wait times in infusion centers and ORs, more efficient use of the OR, greater staff satisfaction, reconfigured workflows, and more physicians self-scheduling. Additionally, customer respondents rated LeanTaaS the highest for driving relationships and value, emphasizing their strong partnership, collaboration, and reporting capabilities.

LeanTaaS provides AI-powered software solutions combined with lean principles to transform hospital operations and increase patient access for over 175 health systems. LeanTaaS’ iQueue product suite unlocks hard-to-reach capacity in asset heavy areas of the hospital with its three solutions: iQueue for Operating Rooms, iQueue for Infusion Centers, and iQueue for Inpatient Flow. Each iQueue solution can be deployed remotely to drive better patient care through operational excellence by enabling dramatically more efficient use of resources and staff, shorter waiting times, faster discharges, and higher throughput. The iQueue suite powers over 625 hospitals across 4,500 ORs, 12,000 infusion centers, and 19,500 inpatient beds. On average, LeanTaaS customers see an annual impact of performing 30-50 more cases per OR per year, a mean increase of 6% in case volume; $20k/infusion chair; and $120k/inpatient bed.

About LeanTaaS

LeanTaaS provides software solutions that combine lean principles, predictive and prescriptive analytics, and machine learning to transform hospital and infusion center operations. The company’s software is being used by over 175 health systems across the nation, which rely on the iQueue cloud-based solutions to increase patient access, decrease wait times, reduce healthcare delivery costs, and improve revenue. LeanTaaS is headquartered in Santa Clara, CA with offices in Newton, MA and Charlotte, NC. For more information about LeanTaaS, please visit https://leantaas.com/, and connect on Twitter and LinkedIn.

LeanTaaS Media Contact

Kate Soden
media@leantaas.com

Related resources

Ready to get started?

Take the first step towards unlocking capacity, generating ROI, and increasing patient access.

Chapter 1: The Looming Challenge

If you work in the healthcare industry, or even if you’re just an interested observer, you don’t need a book to tell you that the financial pressure is on as never before. A perfect storm of circumstances is swirling together, one that will make survivability, not to mention profitability, a greater challenge for healthcare companies than we’ve seen in the modern era.

As with banks, retailers, and airlines, which had to rapidly enhance their brick-and-mortar footprints with robust online business models—it is the early movers eager to gain new efficiencies that will thrive and gain market share. The slow-to-move and the inefficient will end up being consolidated into larger health systems seeking to expand their geographical footprints.

The pressures on healthcare

Let’s look at just a few of the looming challenges healthcare must meet head-on.

An aging population

By the year 2030, the number of adults sixty-five years of age or older will exceed the number of children eighteen years or younger in the United States. We are living longer than our parents did. Positive news for sure, but problematic for several reasons.

The older we get, the more medical help we need. Older people have more chronic diseases. By 2025, nearly 50 percent of the population will suffer from one or more chronic diseases that will require ongoing medical intervention. This combination of an aging population and an increase in chronic diseases will create a ballooning demand for healthcare services.