LeanTaaS logo - Home
Request a demo
Resources
Back to All resources
Webinar

Increase ROI Through AI: Unlocking Scarce Capacity

Speakers

Sanjeev Agrawal (NEW)
Sanjeev Agrawal, MS
Chief Operating Officer & President LeanTaaS

Summary

The foundational math of capacity management, matching supply with demand, is broken. Existing tools and processes need to be fundamentally revamped for health systems to overcome waves of COVID-19 and similar shocks in the future, to maximize use of their assets, creating value for patients and themselves. The key is deploying proven and scalable AI-driven, intelligent, virtual, and distributed systems and creating a culture of innovation in the organization that embraces change. The results? 90% confidence in critical inpatient bed capacity management, 8% decrease in opportunity days (difference between Med/Surg LOS & CMS LOS), $500k more revenue per OR per year, less chaos, less burnout, and less provider alarm fatigue.

Results

Understand the limitations of existing tools and processes for capacity management in healthcare.
Learn about the benefits of implementing AI-driven, intelligent, virtual, and distributed systems for capacity management.
Discover strategies for creating a culture of innovation in healthcare organizations that embraces change.
Explore the potential results of deploying innovative capacity management systems, such as improved critical inpatient bed capacity management, decreased opportunity days, increased revenue per OR, and reduced chaos, burnout, and provider alarm fatigue.

Related resources

View all resources

Ready to get started?

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

Request a demo

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.

Read more