Lantum

Lantum operates as a workforce management platform specifically designed for the healthcare sector, aiming to address critical staffing inefficiencies. The company was established in 2012, originally named Network Locum, by Melissa Morris. Morris's background as a management consultant at McKinsey & Company, where she focused on healthcare systems, and her subsequent role at NHS London, provided her with direct insight into the costly and wasteful nature of traditional healthcare staffing. This experience, coupled with her brother's work as an NHS doctor, motivated her to find a technology-driven solution. She was soon joined by co-founder Dr. Ishani Patel, a General Practitioner who understood the frustrations of finding flexible work.

The firm's core offering is a 'Connected Scheduling' platform, an end-to-end solution for healthcare organizations, including GP practices, hospitals, and Integrated Care Systems within the UK's National Health Service (NHS). The business model is primarily B2B, generating revenue by charging healthcare providers a booking fee for shifts filled via the platform, with subscription options also available. Lantum provides a suite of tools that includes an e-rostering system, a collaborative staff bank, and access to a marketplace of over 30,000 vetted locum clinicians. This model serves to reduce reliance on expensive recruitment agencies, cut administrative time, and improve staff retention by offering clinicians more control over their schedules. The platform has also expanded into the US market through a partnership with Cedars-Sinai Hospital.

Lantum's technology leverages AI and machine learning to create compliant and customized rotas, taking into account staff leave and work preferences. Its features facilitate direct negotiation of rates between practices and clinicians, automates administrative tasks like invoicing and pension form processing, and provides tools for managing clinical governance documentation. For clinicians, the platform is free to use and includes a mobile app for booking shifts and a rapid payment option called Rocketpay. The company has demonstrated significant impact, particularly during the COVID-19 pandemic, where it supported the staffing of over 150 vaccination sites. Lantum has secured over $28 million in funding from investors including Finch Capital, BGF, and Piton Capital, and has made strategic acquisitions of RLocums and Locum Organiser to enhance its service offering.

Keywords: healthcare workforce, staff scheduling, locum management, e-rostering, NHS, clinician marketplace, medical staffing, healthcare technology, staff bank, flexible working