Lantern

Lantern (operating at lanterncare.com) is a specialty care platform engineered for employers and labor funds seeking to streamline access to high-cost, high-stakes medical services. Founded in 2011 and headquartered in Dallas, TX, Lantern tackles a critical inefficiency in healthcare: the fragmented, often costly delivery of complex treatments like surgery, cancer care, and infusion therapy—areas that account for 50% of total healthcare spending. Under the hood, Lantern acts as a curated network of top-tier providers, leveraging data-driven matching to connect patients with the most appropriate specialists and facilities while negotiating favorable pricing. This allows employers to deliver excellent care with significant cost savings—up to 55% lower than average—while improving outcomes for employees. Backed by a $30 million strategic investment from Morgan Health and Echo Health Ventures, Lantern positions itself as a leader in transforming how specialty care is accessed and financed.