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Lantum

Topic: Company

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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

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. 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]

Recognition

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.[13][14] She has been invited to write about the difficulty of technical innovation in the NHS.[15]

References

  1. ↑ "The emerging technology sector bursting with health". The Times. 2 April 2018. https://www.thetimes.co.uk/article/the-emerging-technology-sector-bursting-with-health-3b5b8pmtj. Retrieved 8 October 2018. 
  2. ↑ "Shaper: Melissa Morris – Business Shapers" (in en-GB). Business Shapers. 2017-06-23. https://businessshapers.co.uk/shaper-melissa-morris/. 
  3. ↑ Walton, Gregory (2015-05-31). "How nursing agencies making billions are bleeding the NHS dry" (in en-GB). ISSN 0307-1235. https://www.telegraph.co.uk/news/health/news/11642267/How-nursing-agencies-making-billions-are-bleeding-the-NHS-dry.html. 
  4. ↑ "Melissa Morris | NHS Innovation Accelerator" (in en-GB). NIA. https://nhsaccelerator.com/fellows-and-mentors/melissa-morris/. 
  5. ↑ Wheatley, Catherine (2012-02-12). "Doctor, I can’t stop myself blogging" (in en). The Sunday Times. ISSN 0956-1382. https://www.thetimes.co.uk/article/doctor-i-cant-stop-myself-blogging-gjj3sc8qs8z. 
  6. ↑ "Leading light in British HealthTech, Network Locum, rebrands to Lantum" (in en-GB). UKTN (UK Tech News). https://www.uktech.news/press_release/leading-light-in-british-health-tech-network-locum-rebrands-to-lantum. 
  7. ↑ "A UK healthcare startup that helps the NHS to find cheap doctors has raised £5.3 million". Business Insider. http://uk.businessinsider.com/network-locum-has-raised-53-million-from-bgf-ventures-2016-7. 
  8. ↑ "About | NHS Innovation Accelerator" (in en-GB). NIA. https://nhsaccelerator.com/accelerator/. 
  9. ↑ "70 ideas to save the NHS: Part two". Telegraph. 4 June 2018. https://www.telegraph.co.uk/health-fitness/body/70-ideas-save-nhs-part-two/. Retrieved 8 October 2018. 
  10. ↑ "This startup plans to save the NHS billions in agency fees". Techworld. 21 June 2018. https://www.techworld.com/startups/meet-lantum-tech-startup-taking-on-nhs-staffing-3679270/. Retrieved 8 October 2018. 
  11. ↑ "UK’s Network Locum makes first acquisition to expand its reach" (in en-US). TechCrunch. https://techcrunch.com/2016/08/05/uks-network-locum-makes-first-acquisition-to-expand-its-reach/. 
  12. ↑ "Life lessons: What I’ve learnt about the art of strategic leadership". Harpers Bazzar. 15 August 2018. https://www.harpersbazaar.com/uk/people-parties/bazaar-at-work/a22697017/life-lessons-what-ive-learnt-about-the-art-of-strategic-leadership/. Retrieved 8 October 2018. 
  13. ↑ "The 29 coolest female startup founders in the UK". Business Insider. http://uk.businessinsider.com/the-29-coolest-uk-female-startup-founders-2017-5. 
  14. ↑ "The 100 coolest people in UK tech". Business Insider. http://uk.businessinsider.com/uk-tech-100-slideshow-2017-10. 
  15. ↑ "Increased funding for the NHS is critical – but it won’t cure a fear of innovation". Tech New Statesman. 10 May 2018. https://tech.newstatesman.com/guest-opinion/nhs-funding-fear-innovation. Retrieved 8 October 2018. 




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