LeanTaaS provides cloud-based iQueue software combining lean principles, predictive analytics, and machine learning to optimize scheduling and utilization of constrained healthcare resources. Its product suite includes iQueue for Operating Rooms, iQueue for Infusion Centers, and iQueue for Inpatient Beds to increase patient access, decrease wait times, reduce costs, and improve revenue. The company reports deployments across more than 300 hospitals and 100+ health systems, including iQueue for Infusion Centers covering 7,500+ chairs in 300+ infusion centers and iQueue for Operating Rooms used in more than 1,750 ORs across 34 health systems. LeanTaaS reported greater than 50% revenue growth in 2020 and negative churn despite a difficult macro environment. The company is based in Santa Clara, California, and Charlotte, North Carolina. Planned uses of capital include expanding the iQueue platform with new products and scaling engineering, product, and go-to-market teams. LeanTaaS offers the iQueue cloud-based platform that uses lean principles, machine learning, and predictive/prescriptive analytics to optimize hospital operations and match demand to constrained resources. The product suite currently consists of iQueue for Infusion Centers, iQueue for Operating Rooms, and iQueue for Clinics and is delivered as scalable web-based software. iQueue for Infusion Centers is deployed at 180 infusion centers, including six of the top 10 cancer hospitals, and customers report increasing effective capacity by 15–25% and reducing wait times by up to 50%. iQueue for Operating Rooms has been deployed at 105 hospitals across 24 health systems, with typical OR utilization improvements of 3–6% and documented ROI examples exceeding $10M. Approximately 80 health systems nationwide rely on LeanTaaS solutions. The company has nearly doubled its team in 2019 by hiring more than 85 people and plans to use new financing to expand the iQueue platform and accelerate hiring across engineering, data science, product, sales, and marketing. LeanTaaS is based in Santa Clara, California, and Charlotte, North Carolina. LeanTaaS offers the iQueue cloud-based platform, which currently includes iQueue for Infusion Centers, iQueue for Operating Rooms, and iQueue for Clinics (the latter in beta trials). The company's products embed lean principles, predictive analytics, machine learning, and optimization algorithms to improve scheduling, throughput, and utilization of scarce hospital assets. LeanTaaS reports more than 50 provider institutions on its platform and cites outcomes such as up to 50% reductions in patient wait times and 15–20% improved access to operating room time. UCHealth customers use iQueue across all 11 infusion centers and more than 90 operating rooms, according to the article. The company also operates iQueue Labs, its R&D arm exploring solutions for diagnostic imaging, emergency departments, pharmacies, labs, and inpatient beds. LeanTaaS is based in Santa Clara, California, and Charlotte, North Carolina. LeanTaaS builds the iQueue cloud platform—currently offering iQueue for Infusion Centers and iQueue for Operating Rooms—that uses lean principles, predictive analytics, machine learning and patent-pending algorithms to improve hospital operations. The platform works with any electronic health record and requires minimal internal IT support. More than 40 providers rely on LeanTaaS, and customers have reported wait-time reductions up to 50%, patient-access increases up to 30% and operational-performance improvements up to 20%. In May 2017 the company established iQueue Labs to explore operational challenges in diagnostic imaging, emergency departments, pharmacies, labs and inpatient beds. CEO Mohan Giridharadas says the company focuses on helping providers do more with existing assets and defer investments in additional staff, equipment and facilities. LeanTaaS is based in Santa Clara, California. LeanTaaS is a Silicon Valley healthcare SaaS company that applies advanced data science and patented mathematical models to optimize patient scheduling and hospital resource utilization. Its flagship product, the LeanTaaS iQueue Healthcare Suite, aims to reduce patient wait times, increase asset utilization, and lower costs of service. Early adopters include Stanford Health Care, UCSF’s Helen Diller Family Comprehensive Cancer Center, University of Colorado Hospital, and Wake Forest, with reported results such as 50% lower staff overtime, 15% decrease in cost of service, 30% reduction in median patient wait times at peak, and 25% improvement in nurse satisfaction. The company has grown its healthcare business 300% over the past two years. LeanTaaS is also creating a Labs division focused on advanced algorithms for risk analytics and has partnerships referenced with Sedgwick and Stanford TRA. Leadership announcements include the appointment of Sanjeev Agrawal as president of the LeanTaaS Healthcare Division and Mohan Giridharadas as CEO and founder.

Total raised

$214M

Funding rounds

5

Latest round

Series D

Latest activity

Dec 2020