TERN Group is stepping up to address a significant issue in the healthcare sector: the challenge of efficiently staffing hospitals and care providers. With the industry overwhelmed by staffing shortages and skyrocketing costs of temporary medical staff, TERN Group’s development of an AI-powered clinical workforce platform offers a potential solution. Their latest $24 million Series A funding round aims to mitigate these long-standing challenges, bringing innovation and efficiency to healthcare recruitment.
In earlier instances, TERN Group had already established its presence in the UK by addressing local healthcare staffing needs. Previous statements revealed efforts to work closely with NHS Trusts to provide scalable staffing solutions. The integration of AI-driven technology in workforce management, an ongoing focus for the company, has consistently marked their approach in aligning talent with industry needs effectively. TERN Group’s emphasis on compliance and efficiency has positioned it as a valuable partner not just regionally, but in expanding markets internationally.
What is TERN Group offering?
TERN Group presents itself as the world’s pioneering AI clinical workforce platform. The system is designed to source, secure, and relocate healthcare professionals efficiently. By intertwining AI-driven workflows with human expertise, the platform facilitates sourcing, credentialing, training, and relocation. Efficiency improvements result in up to 60 percent faster hiring processes, significant cost reductions, and a markedly improved candidate experience.
What are stakeholders saying about this initiative?
According to company leaders and stakeholders, the platform offers predictability without increased costs. Avinav Nigam, TERN Group’s CEO, highlights the platform’s pivotal role in streamlining medical staff recruitment:
“Our platform gives them speed without compromise, predictability without cost inflation, and sustainability where locum dependency has become unsustainable. TERN Group’s mission is for every placement to set off a chain reaction: a nurse arriving on time means a ward runs smoothly, which means patients get treated faster.”
With strong voices from investment partners like Notion Capital, the sentiment is echoed about the pressing need TERN Group serves. Itxaso del Palacio of Notion Capital expresses the platform’s impact:
“TERN Group is tackling one of the healthcare industry’s most urgent structural challenges: affordable, reliable and sustainable recruitment. By combining compliance with AI-driven efficiency, they are proving that workforce delivery doesn’t have to be slow or fragmented.”
The large-scale engagement with over 100 healthcare clients, including 18 prominent NHS Trusts, underscores the growing reliance on TERN Group’s platform. The expansion into countries like Germany, UAE, and the USA reflects the global applicability of their solutions. With 650,000 professionals poised to leverage these opportunities, the platform’s impact is becoming increasingly evident.
This round of funding further empowers TERN Group to refine its offerings and expand operations. Alongside continued development of automation in compliance processes and AI workforce planning, the company aims to enhance the international readiness of healthcare professionals. The combination of reliable recruitment infrastructure with AI efficiency is steadily gaining traction as a trend in modern healthcare staffing solutions.
