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M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B
HIT Consultant January 10, 2023
What You Should Know:
– LeanTaaS, Inc., a provider of AI-powered and SaaS-based capacity management and patient flow software for health systems, today announced it has acquired Hospital IQ, a provider of intelligent automation solutions for hospitals. The acquisition values the combined company at more than $1 billion in enterprise value and enables it to power intelligent operations across more than 180+ U.S. health systems. The financial terms of the acquisition were not disclosed.
– Together, LeanTaaS and Hospital IQ will drive improved patient access, staff satisfaction, and revenue productivity by solving thorny issues in multiple departments, including the infusion suite, operating room, and inpatient units, around capacity management and staffing shortages.
Acquisition Creates Largest AI-Powered Hospital Operation Provider
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