TERN Group, a clinical AI workforce platform based in the UK, is making significant strides in addressing critical gaps in global healthcare recruitment. Established by Avinav Nigam and Krishna Ramkumar in 2023, the company has quickly leveraged technology to challenge inefficiencies in traditional hiring methods. The founders recognized the urgent need to match healthcare demand with a reliable supply of professionals, a balance crucial for hospitals worldwide. With its latest round of funding, TERN Group aims to scale its services and continue assisting healthcare systems in the UK and beyond in addressing staffing shortages.
The recent $24M Series A funding round led by Notion Capital highlights the growing interest in tech-driven solutions within the healthcare industry. Past iterations of AI workforce platforms lacked the integrated approach TERN Group implements, which includes functionalities like recruitment, verification, and onboarding all under one umbrella. This integration aims to not only streamline hiring processes but also assure a higher retention rate compared to temporary staffing solutions like locums, which remain a costly alternative for healthcare providers.
How is TERN Group tackling workforce shortages?
TERN Group addresses workforce shortages by integrating automated procedures with human oversight. The platform claims to reduce hiring times by 60%, cut costs significantly, and boost productivity by precisely aligning staff availability with demand. Collaborations with over 100 healthcare entities, including 18 NHS trusts, underline its impact and potential for further growth. The approach alleviates dependence on temporary locums and aims to establish a stable workforce. Mark Hackett from University Hospitals Plymouth NHS Trust commended the platform’s efficacy:
“TERN Group is helping us address critical workforce shortages by providing a compliant and predictable pipeline of international doctors.”
What will the funding be used for?
The funds are earmarked for expanding operations in the UK and boosting collaborations with NHS Trusts. Blending compliance automation and workforce behavior insights, TERN Group seeks to refine system integrations and plan talent readiness initiatives. Investments will also be made in international talent training to ensure readiness and sustainable retention. From the founder’s perspective, this comprehensive approach ensures a smooth operation across wards:
“Our platform gives them speed without compromise, predictability without cost inflation, and sustainability where locum dependency has become unsustainable.”
The decision to further international expansion and talent preparation highlights an ongoing commitment to transforming healthcare staffing. Building on its success stories, such as reducing locum reliance, the company is poised for broader market impact.
Reflecting on previous news related to TERN Group, comparisons reveal an ongoing commitment to expand its geographical influence despite operational challenges. Earlier reports noted gradual diversification in selected regions, an aspect that continues to shape its strategic direction.
As TERN Group continues its work, the focus remains on leveraging AI to streamline complex recruitment processes while maintaining compliance. For healthcare systems grappling with staffing challenges, TERN Group offers predictive, scalable solutions aiming to replace fragmented hiring practices. The platform holds potential in setting a precedent for workplace productivity and efficiency without the financial strain of temporary staffing measures.
