Healthtech secures £3.5m investment in bid to end NHS staff burnout
A London-based healthtech has secured a multi-million pound investment to help eliminate staff burnout in the NHS.
Patchwork Health, the healthcare staffing platform founded by doctors, has raised £3.5m in its latest funding round led by Praetura Ventures and BMJ New Ventures.
Founded in 2016 by NHS doctors Anas Nader and Jing Ouyang, Patchwork Health’s workforce technology is used by over 70 NHS sites across the UK to fill vacant shifts and offer staff flexible working.
Dr Nader commented: “The NHS is facing a workforce crisis. Burnout is at record levels and more staff are planning to leave than ever before. And the systems which manage the NHS workforce are exacerbating the problem.
“We’re already partnering with over 70 NHS sites to tackle the root causes of burnout, offer full-time and temporary staff more choices, and create stronger staffing foundations for hospitals. Through our technology and services, flexible work and safely staffed wards can go hand in hand.
“We’re so grateful to our NHS partners, and to the teams at Praetura Ventures and BMJ New Ventures, for making this possible and enabling us to scale up our services at a time of critical need.”
David Foreman, managing director at Praetura Ventures and non-executive director of Patchwork, added: “We’re delighted to be supporting the Patchwork team. From the moment we met Anas and Jing, we could see the passion for their business.
“Patchwork is helping to solve a staffing crisis in the NHS. They’ve made real strides over the last 18 months and have the potential to make seismic changes in the way we organise staff in one of the world’s largest healthcare systems.
“At a time when there’s so much pressure on the frontline, innovative platforms like Patchwork will help us shape a better future for this critical industry whilst continuing to maintain high levels of patient care. Everyone at Praetura Ventures is excited to help Patchwork build something that’s going to benefit so many people.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.