CompuGroup Medical

Last updated

CompuGroup Medical SE & Co. KGaA
Company type Societas Europaea
ISIN DE0005437305  OOjs UI icon edit-ltr-progressive.svg
Industry Software
Founded1984;40 years ago (1984)
Headquarters
Koblenz
,
Germany
Revenue€1.2 billion (2023)
Number of employees
9,200 (2022)
Website www.cgm.com/usa_en

CompuGroup Medical SE & Co. KGaA (also known as CGM) is a publicly listed software company based in Koblenz that develops and offers software for the healthcare sector. It produces cloud-based and digital application software to support medical and organizational activities in doctors' practices, pharmacies, medical laboratories and hospitals. [1] According to its own figures, the company employed more than 9,200 people worldwide in 2022, [2] and has over 1.6 million users in 56 countries. [3] CompuGroup Medical shares have been included in the TecDAX stock market index since September 2013.

Contents

The company is a worldwide provider of healthcare software, and has in particular, has maintained market leadership in Germany within the outpatient sector for several years with its various practice management systems (PVS). [4]

History

In 1984, Jürgen Riebling, Peter Kirchdorfer, Ursula Spitta, Max-Georg Prahl and Walter Schäfer founded Compudent GmbH, which became a public company in 1986. In 1992, Frank Gotthardt took over all the ordinary shares and merged Compudent with his company "Gotthardt Computer GmbH" in Koblenz, whereby the name "Compudent AG" was retained. Initially, dental information systems were offered, followed by software in 1993. In 1997, the company was renamed Compugroup Holding AG.

In 2004, the company entered the Czech Republic with doctor information systems for registered doctors and dentists. In the Czech Republic, Slovakia and Poland the company soon entered the field of hospital information systems. The company also developed information systems for physicians in France, Spain and Italy. In Germany, several products were added to the portfolio: medical archiving solutions, hospital information systems, multimedia communication services, drug information systems, laboratory information systems, a referring physician portal and administration software. In addition, web-based patient files were launched and intelligent assistance systems for doctors were developed.

The company expanded its operations in Austria, achieving market leadership in hospital information systems and information systems for doctors in private practice, as well as for acute care, rehabilitation, and social facilities. In Turkey, the company entered the market for doctor, hospital, and health insurance software. Its presence extended to Scandinavia, Africa, and Asia, acquiring customers in the sectors of private medical practice, hospitals, and laboratories. In the United States, the company also initiated activities in doctor information systems and web-based patient records. In the Netherlands, it entered the market for doctor and pharmacy information systems.

In order to realize plans for internationalization, the owner decided in 1997 to change the name from Compudent AG to CompuGroup AG, which was implemented around the turn of the millennium. In 2010, the CompuGroup Holding was renamed CompuGroup Medical and merged with the subsidiaries that had been created in the meantime under this umbrella brand. In 2016, the transition from a stock corporation under German law to a Societas Europaea under European law took place.

In February 2020, CompuGroup Medical announced that it had signed a purchase agreement for part of the IT healthcare portfolio of healthcare software company Cerner in Germany and Spain. The main products of the acquired portfolio are medico and Soarian Integrated Care, leading hospital information systems in Germany, Selene, a leading hospital information system in Spain, and Soarian Health Archive, an archive solution for healthcare facilities. [5]

On 31 December 2020, founder and Chief Executive Officer (CEO) Frank Gotthardt resigned from his position and assumed the role of Chairman of the Board of Directors. On 1 June 2021, CGM completed the acquisition of Virus Health IT GmbH, a manufacturer of Picture Archiving and Communication systems (PACs) and healthcare content management systems. [6] On 1 July 2022, CFO Michael Rauch was appointed Spokesman of the Managing Directors, and on 17 May 2023, he was appointed CEO. [7] [8]

In January 2024 Germany moved to electronic prescriptions at most GP practices. [9] Since this nationwide change, it was reported that 30 percent of all German e-presecriptions were issued via CGM's hardware and software. [10]

Operations

In 2017, the company had around 4,600 employees at locations in 19 countries: Austria, Belgium, the Czech Republic, Denmark, France, Germany, Italy, Malaysia, the Netherlands, Norway, Poland, Romania, Slovakia, South Africa, Spain, Sweden, Switzerland, Turkey and the USA. [11] It is one of the leading international providers of software for the healthcare sector. The company is headquartered in Koblenz. The majority of central software development is also based here.

Key personnel

Board of directors

Collaborations

The company is participating in a collaborative project with five other healthcare entities, funded by the Ministry of Labour, Health and Social Affairs of North Rhine-Westphalia (Arzneimittelkonto NRW), aimed at enhancing drug therapy safety (AMTS). [14] [15] Additionally, it has pioneered Software Assisted Medicine, a new approach that leverages information technology to expedite the integration and transfer of new medical knowledge into patient care.

Moreover, CompuGroup Medical has established a "Software Engineering in Healthcare" course in partnership with Koblenz University of Applied Sciences for students. [16] It also supports a newly established dual study program in collaboration with Niederrhein University of Applied Sciences. [17]

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References

  1. ↑ "Forschungszulage und beyond: CGM (CompuGroup Medical) meistert cloudbasierte Technologieherausforderungen". www.pressebox.de (in German). 22 May 2024. Retrieved 12 June 2024.
  2. ↑ "Geschäftsbericht 2022" (PDF) (in German). CompuGroup Medical. Retrieved 17 July 2023.
  3. ↑ CompuGroup Medical SE & Co. KGaA. "Geschäftsbericht 2021" (PDF). Retrieved 5 August 2022.
  4. ↑ "Installationsstatistik - Systeme: Installationsbestand gemäß ADT-Abrechnungen. Auflistung aller System- und Softwareanbieter. Sortiert nach Veränderungen zum Vorquartal" [Installation statistics - Systems: Installation inventory according to ADT billing. List of all system and software providers. Sorted by changes from the previous quarter](PDF). www.kbv.de. Kassenärztliche Bundesvereinigung. 30 June 2023. Retrieved 12 June 2024.
  5. ↑ CGM. "Zwischenjahresbericht 2020" (PDF). CGM. Retrieved 2 November 2020.
  6. ↑ HealthIT, Visus (21 June 2021). "Gemeinsame Wege der CGM und VISUS" [Joint paths of CGM and VISUS]. www.visus.com. Retrieved 12 June 2024.
  7. ↑ "CompuGroup Medical ernennt CFO Michael Rauch zum Sprecher der geschäfts führenden Direktoren" [CompuGroup Medical appoints CFO Michael Rauch as spokesman of the managing directors]. www.cgm.com (in German). 2 June 2022. Retrieved 12 June 2024.
  8. ↑ "CGM ernennt Michael Rauch zum CEO und berichtet auf virtueller HV über erfolgreiches Geschäftsjahr und Gremienveränderungen" [CGM appoints Michael Rauch as CEO and reports on successful financial year and board changes at virtual AGM]. www.cgm.com (in German). 17 May 2023. Retrieved 12 June 2024.
  9. ↑ Salz, Jürgen (24 December 2023). "Compugroup: Das E-Rezept ist nur der Anfang". www.wiwo.de (in German). Retrieved 12 June 2024.
  10. ↑ Adhoc, Apotheke (8 May 2024). "Konnektoren-Tausch belastet CGM". APOTHEKE ADHOC (in German). Retrieved 12 June 2024.
  11. ↑ CompuGroup Medical SE. "Faktenübersicht CompuGroup Medical SE" . Retrieved 4 April 2018.
  12. ↑ "Digitalisierungsexperten Max Müller und Jan Wemmel verstärken CompuGroup Medical". e-health-com.de (in German). Retrieved 12 June 2024.
  13. ↑ "CompuGroup Medical und das St. Georg Klinikum in Eisenach schließen Entwicklungspartnerschaft zur IS-H-Nachfolge". presseportal.de (in German). 9 April 2024. Retrieved 12 June 2024.
  14. ↑ "Arzneimittelkonto NRW". arzneimittelkonto-nrw (in German). Retrieved 7 June 2017.
  15. ↑ Schlingensiepen, Ilse (7 May 2016). "Arzneimittelkonto soll Pfleger und Apotheker einbinden" [Drug account should involve nurses and pharmacists]. Ärztz Zeitung. Retrieved 7 June 2017.
  16. ↑ "Neuer Studiengang "Software Engineering im Gesundheitswesen"". www.hs-koblenz.de (in German). 11 March 2014. Retrieved 20 June 2024.
  17. ↑ "Duales Studium eHealth - IT im Gesundheitswesen - Studium an der HS Niederrhein" [Dual study program in eHealth - IT in healthcare - study at the HS Niederrhein.]. www.hs-niederrhein.de (in German). 12 April 2016. Archived from the original on 12 May 2016. Retrieved 20 June 2024.


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