Wikipedia

Lantum

Lantum, formerly Network Locum, is an English company based in Shoreditch, London producing a platform and suite of tools for healthcare organisations to find and manage their clinical staff.

History

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Lantum was started by Melissa Morris in 2012. [1] who previously worked at the management consulting firm McKinsey & Company.[2] Morris came up with the idea of Lantum in 2012 when she was working at McKinsey & Company and then at NHS London. She saw how expensive and wasteful the staffing industry was in healthcare[3] and wanted to improve it. Lantum removes manual steps through automation and costs a fraction of a recruitment agency.[4]

The business started out in 2012 as a blog for doctors[5] and named #1 healthtech start up to watch[not verified in body]. The business now works across staff types, UK-wide and can be used in any healthcare organisation.

In 2016 Network Locum changed their name to Lantum to reflect their strategy to becoming a software business rather than a labour marketplace.[6] Their investors include Piton Capital, BGF Ventures, Samos and Beringea.[7]

In November 2017, Lantum was selected by NHS England to join the NHS Innovation Accelerator, a program which highlights leading technologies within the NHS and helps them scale.[8] It is said to have has saved the NHS £7.7 million and enabled more than 4.2 million GP appointments since 2012.[9] The company claims it could save the NHS £1 billion every year by cutting out traditional recruitment agencies. It has expanded beyond GP practices to 13 hospitals and plans to cover more.[10]

Lantum acquired Leicester-based rLocums in 2016 and popular GP invoicing tool Locum Organiser in 2017 to expand the product offering to its users.[11] In 2018 it had 50 full-time employees.[12]

In March 2022 20 of the NHS’s 40 integrated care systems had signed up to use the service. It raised $15 million investment. The COVID-19 pandemic in the United Kingdom increased pressure on staffing issues. Lantum was used not just for paid staff but for volunteers in the vaccination centres.[13]

Recognition

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Morris was named the "third coolest female startup founder in Tech" and one of the "Top 100 coolest people in Tech" by Business Insider in 2017.[14][15] She has been invited to write about the difficulty of technical innovation in the NHS.[16]

References

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  1. ^ "The emerging technology sector bursting with health". The Times. 2 April 2018. Retrieved 8 October 2018.
  2. ^ "Shaper: Melissa Morris – Business Shapers". Business Shapers. 2017-06-23. Retrieved 2018-07-07.
  3. ^ Walton, Gregory (2015-05-31). "How nursing agencies making billions are bleeding the NHS dry". The Daily Telegraph. ISSN 0307-1235. Retrieved 2018-07-24.
  4. ^ "Melissa Morris | NHS Innovation Accelerator". NIA. Retrieved 2018-07-07.
  5. ^ Wheatley, Catherine (2012-02-12). "Doctor, I can't stop myself blogging". The Sunday Times. ISSN 0956-1382. Retrieved 2018-07-07.
  6. ^ "Leading light in British HealthTech, Network Locum, rebrands to Lantum". UKTN (UK Tech News). Retrieved 2018-07-07.
  7. ^ "A UK healthcare startup that helps the NHS to find cheap doctors has raised £5.3 million". Business Insider. Retrieved 2018-07-07.
  8. ^ "About | NHS Innovation Accelerator". NIA. Retrieved 2018-07-08.
  9. ^ "70 ideas to save the NHS: Part two". Telegraph. 4 June 2018. Retrieved 8 October 2018.
  10. ^ "This startup plans to save the NHS billions in agency fees". Techworld. 21 June 2018. Retrieved 8 October 2018.
  11. ^ "UK's Network Locum makes first acquisition to expand its reach". TechCrunch. Retrieved 2018-07-07.
  12. ^ "Life lessons: What I've learnt about the art of strategic leadership". Harpers Bazzar. 15 August 2018. Retrieved 8 October 2018.
  13. ^ "Lantum, a platform to manage healthcare staffing, gets a $15M injection". Tech Crunch. 28 March 2022. Retrieved 17 November 2022.
  14. ^ "The 29 coolest female startup founders in the UK". Business Insider. Retrieved 2018-07-07.
  15. ^ "The 100 coolest people in UK tech". Business Insider. Retrieved 2018-07-07.
  16. ^ "Increased funding for the NHS is critical – but it won't cure a fear of innovation". Tech New Statesman. 10 May 2018. Retrieved 8 October 2018.
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