Bending the Access and Cost Curves in Healthcare.
FOUNDER AND CEO
Mohan Giridharadas is the Founder & CEO of LeanTaaS, a 350-person healthcare analytics company with offices in Silicon Valley and Charlotte. LeanTaaS embeds patented optimization algorithms based on lean principles, sophisticated data science, and simulation methodologies into its flagship iQueue suite of products. iQueue enables health systems to improve patient access and lower cost by unlocking capacity in scarce assets. One or more of the iQueue products have been deployed at over 800 hospitals and centers and 180 leading health systems across the country. Prior to starting LeanTaaS in 2010, Mohan was a senior partner at McKinsey & Company. During his 18-year tenure at McKinsey, Mohan led the Lean Manufacturing and Lean Service Operations Practice in North America and for the Asia-Pacific Region while based out of Sydney and Singapore. Mohan holds an MBA from Stanford University, an MS in computer science from Georgia Tech and a B. Tech in electrical engineering from IIT Bombay.
PRESIDENT AND COO
Sanjeev Agrawal serves as the President and Chief Operating Officer for LeanTaaS, the leading AI / ML analytics company in healthcare operations. LeanTaaS’s predictive analytics software powers over 180 health systems and 800 hospitals and centers to improve access and lower costs. Before LeanTaaS, Sanjeev was Google’s first Head of Product Marketing, and led three successful startups – CEO at Aloqa (acquired by Motorola), VP Products & Marketing at TellMe Networks (acquired by Microsoft), and Founder & CEO at Collegefeed (acquired by AfterCollege). Sanjeev graduated with BS and MS degrees in Electrical Engineering and Computer Science from MIT. He started his career at McKinsey & Company and Cisco Systems before joining Google. Sanjeev has been named by Becker’s Hospital Review as one of the “Top Entrepreneurs Innovating in Healthcare.”
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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.
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.