LeanTaaS
Founded Year
2010Stage
Acq - Fin | AliveTotal Raised
$224.44MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-76 points in the past 30 days
About LeanTaaS
LeanTaaS focuses on digital transformation for the healthcare sector, optimizing hospital and infusion center operations. The company's offerings include predictive and prescriptive analytics, machine learning, and generative AI solutions aimed at improving healthcare capacity and patient access, as well as minimizing wait times. LeanTaaS serves hospitals and ambulatory service providers, with a goal of improving operational processes and lowering healthcare delivery expenses. It was founded in 2010 and is based in Santa Clara, California.
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LeanTaaS's Product Videos
ESPs containing LeanTaaS
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The surgical scheduling software market is a rapidly growing market that is attracting the attention of healthcare providers and stakeholders alike. Surgical scheduling software solutions allow hospitals and surgical centers to streamline and optimize their surgical scheduling processes, resulting in more efficient and cost-effective patient care. These solutions can automate tasks such as patient…
LeanTaaS named as Outperformer among 7 other companies, including Caresyntax, Qventus, and Surgimate.
LeanTaaS's Products & Differentiators
iQueue for Operating Rooms
Operating rooms are the financial engines of a hospital, but too often they are underutilized. Commonly used block scheduling of valuable OR time is time-consuming and a source of surgeon frustration. iQueue for Operating Rooms creates a credible, fair and transparent system for managing Block and Open time. It’s an AI/ML-based solution that provides real-time analytics and prescriptive recommendations to help perioperative leaders optimize staff, equipment, and capital utilization to get through more cases in a given week and help surgeons access the time they need. More than 4,100 ORs rely on iQueue for Operating Rooms and earn $500K/OR/year improvement in revenue. Additional results include higher surgeon, patient and staff satisfaction, increased primetime utilization, and growth of surgical market share.
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Research containing LeanTaaS
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned LeanTaaS in 2 CB Insights research briefs, most recently on Dec 5, 2023.
Sep 22, 2023
The revenue cycle management market mapExpert Collections containing LeanTaaS
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
LeanTaaS is included in 6 Expert Collections, including AI 100.
AI 100
100 items
Conference Exhibitors
5,302 items
Digital Health 50
300 items
The winners of the second annual CB Insights Digital Health 150.
Digital Health
11,246 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Advanced Manufacturing
6,492 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Artificial Intelligence
7,146 items
LeanTaaS Patents
LeanTaaS has filed 4 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
4/14/2017 | 2/11/2020 | Data management, Database management systems, Data quality, Business intelligence, Databases | Grant |
Application Date | 4/14/2017 |
|---|---|
Grant Date | 2/11/2020 |
Title | |
Related Topics | Data management, Database management systems, Data quality, Business intelligence, Databases |
Status | Grant |
Latest LeanTaaS News
Nov 26, 2024
Andrew Cass - Tuesday, November 26th, 2024 Renton, Wash.-based Providence posted an operating loss of $208 million (-2.7% operating margin) in the third quarter of 2024, an improvement from a $319 million operating loss (-4.3% margin) recorded during the same period last year, according to its Nov. 26 financial report. The system reported operating revenues of $7.6 billion for the three months ended Sept. 30, a 5.7% increase over the same period last year. Providence said the increase was driven by higher patient volumes and improving rates. Operating expenses totaled $7.8 billion in the third quarter, a 4.1% increase year over year. Providence said its higher patient volumes drove the increase in operating expenses, primarily in higher labor and supply costs. Salaries and benefits increased 4% year over year. Supply expenses increased 8%, driven by a 12% increase in pharmaceutical costs. For the nine months ended Sept. 30, Providence reported an operating loss of $155 million (-0.7 margin), an improvement from an $857.3 million operating loss (-4% margin) over the same period last year. Through the third quarter of 2024, the system recorded a net income of $309.6 million, up from a net loss of $613 million over the same period in 2023. Providence CFO Greg Hoffman told Becker's in August that the health system has been "very focused" on reducing agency spend. Agency contract labor has decreased 39% year over year through the first nine months of 2024. Mr. Hoffman also said the system's improved operating performance has been guided by its transformation initiatives, which have included utilizing an AI scheduling tool that allows the system to proactively release block time. Providence began rolling out iQueue for Operating Rooms by LeanTaas at its Washington state and Montana hospitals in 2023 and has since expanded to other regions.
LeanTaaS Frequently Asked Questions (FAQ)
When was LeanTaaS founded?
LeanTaaS was founded in 2010.
Where is LeanTaaS's headquarters?
LeanTaaS's headquarters is located at 471 El Camino Real, Santa Clara.
What is LeanTaaS's latest funding round?
LeanTaaS's latest funding round is Acq - Fin.
How much did LeanTaaS raise?
LeanTaaS raised a total of $224.44M.
Who are the investors of LeanTaaS?
Investors of LeanTaaS include Bain Capital, Insight Partners, GS Growth, Goldman Sachs, Lux Capital and 3 more.
Who are LeanTaaS's competitors?
Competitors of LeanTaaS include Qventus, Caresyntax, Plenful, Medecipher, DOCPACE and 7 more.
What products does LeanTaaS offer?
LeanTaaS's products include iQueue for Operating Rooms and 2 more.
Who are LeanTaaS's customers?
Customers of LeanTaaS include UCHealth (Colorado), CommonSpirit, Baptist Health, SSM and Health First.
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Compare LeanTaaS to Competitors
Qventus focuses on healthcare operations automation in the healthcare industry. The company provides solutions that optimize operational processes, including operating room utilization and discharge planning, to improve efficiency and patient care. Qventus serves healthcare systems and hospitals, working to improve operational processes and patient flow in inpatient and perioperative settings. It was founded in 2012 and is based in Mountain View, California.
healthPrecision focuses on enhancing healthcare delivery through its artificial intelligence (AI)-powered platform, Medical Brain, which operates in the healthcare technology sector. The company offers a clinical decision support system that engages with patients and healthcare providers to identify health risks and care gaps, providing real-time actionable insights to improve health outcomes and prevent unnecessary emergency room visits. Medical Brain serves various healthcare sectors, including chronic disease management, radiology, infectious diseases, and maternal health, by offering evidence-based clinical modules and guidelines. It was founded in 2017 and is based in New York, New York.
MYSPHERA focuses on aiding patient flow in healthcare organizations by utilizing technology. The company offers solutions for complex processes within operating rooms, emergency departments, and other healthcare settings to aid patient care. MYSPHERA primarily serves the healthcare industry, providing location systems (RTLS) for operational workflows and patient management. It was founded in 2012 and is based in Paterna, Spain.
LiveData is a company focused on providing real-time operational intelligence and perioperative workflow solutions within the healthcare sector. The company offers a suite of products designed to optimize surgical scheduling, enhance patient safety, and improve operational efficiency by integrating with electronic health records. LiveData primarily serves the healthcare industry, with solutions tailored to hospitals, health systems, and surgical centers. It was founded in 1991 and is based in Cambridge, Massachusetts.
Pieces Technologies specializes in clinical generative artificial-intelligence (AI) solutions within the healthcare sector. The company offers AI-driven tools that summarize and draft clinical notes for healthcare providers. Pieces Technologies primarily serves frontline care teams, including doctors and nurses, by providing AI-generated summaries and predictive models. It was founded in 2015 and is based in Irving, Texas.
Bamboo Health operates as a healthcare technology solutions company. It focuses on fostering care collaboration and provides information and actionable insights across the continuum of care. The company's technology solutions equip healthcare providers and payers with software, information, and insights to facilitate whole-person care across the physical and behavioral health spectrums. Bamboo Health was formerly known as Appriss Health. The company was founded in 2013 and is based in Louisville, Kentucky.
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