Sanjeev Agrawal of LeanTaaS says efficiency is a 'requirement' for hospitals | Data Book podcast

Sanjeev Agrawal says hospitals can no longer view efficiency as a luxury item.

Sanjeev Agrawal is the president and chief operating officer of LeanTaaS. (Photo: LeanTaaS)

Hospitals are going to need to become more efficient and excel at operations in order to stay afloat, said Agrawal, the president and chief operating officer of LeanTaaS.

“I believe hospitals are facing in 2023, the 1999 moment that airlines faced, where you've got to become operationally excellent, or you either will get acquired or worse, you might not survive,” he says. “I understand why hospitals are so far behind because they're so under invested in what is the key driver of competitiveness in every other industry.”

In the latest episode of the Data Book podcast, Agrawal talks about the need for hospitals and health systems to turn to technology. LeanTaaS provides software solutions for hospitals to expand their capacity to schedule more surgeries and serve more patients. LeanTaaS works with more than 175 health systems and 625 hospitals, and about 5,000 operating rooms.

“Think about LeanTaaS as a company that helps hospitals optimize the use of constrained capacity.”

Agrawal also discusses the recent acquisition of Hospital IQ, a company that provides automation solutions for health systems. And he discusses why hospitals need to embrace technology, and how they serve more patients and reduce stress on their staff.