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CompuGroup Medical

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CompuGroup Medical SE & Co. KGaA
Company typeSocietas Europaea
ISINDE0005437305 Edit this on Wikidata
IndustrySoftware
Founded1984; 40 years ago (1984)
Headquarters
Koblenz
,
Germany
Revenue€1.2 billion (2023)
Number of employees
9,200 (2022)
Websitewww.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 9200 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.

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[edit]

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 December 31, 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 June 1, 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 July 1, 2022, CFO Michael Rauch was appointed Spokesman of the Managing Directors, and on May 17, 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[edit]

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 Personel[edit]

Board of Directors[12][edit]

  • Frank Gotthardt (Chairman)
  • Michael Rauch (CEO)
  • Daniela Hommel
  • Emanuele Mugnani
  • Hannes Reichl
  • Dr. Ulrich Thomé, Managing Director of Outpatient Information Systems (DACH)[13]

References[edit]

  1. ^ "Forschungszulage und beyond: CGM (CompuGroup Medical) meistert cloudbasierte Technologieherausforderungen". www.pressebox.de (in German). 2024-05-22. Retrieved 2024-06-12.
  2. ^ "Geschäftsbericht 2022" (PDF) (in German). CompuGroup Medical. Retrieved 2023-07-17.
  3. ^ CompuGroup Medical SE & Co. KGaA. "Geschäftsbericht 2021" (PDF). Retrieved 2022-08-05.
  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. 2023-06-30. Retrieved 2024-06-12.
  5. ^ CGM. "Zwischenjahresbericht 2020" (PDF). CGM. Retrieved 2020-11-02.
  6. ^ HealthIT, Visus (2021-06-21). "Gemeinsame Wege der CGM und VISUS" [Joint paths of CGM and VISUS]. www.visus.com. Retrieved 2024-06-12.
  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). 2022-06-02. Retrieved 2024-06-12.
  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). 2023-05-17. Retrieved 2024-06-12.
  9. ^ Salz, Jürgen (2023-12-24). "Compugroup: Das E-Rezept ist nur der Anfang". www.wiwo.de (in German). Retrieved 2024-06-12.
  10. ^ Adhoc, Apotheke (2024-05-08). "Konnektoren-Tausch belastet CGM". APOTHEKE ADHOC (in German). Retrieved 2024-06-12.
  11. ^ CompuGroup Medical SE. "Faktenübersicht CompuGroup Medical SE". Retrieved 2018-04-04.
  12. ^ "CompuGroup Medical und das St. Georg Klinikum in Eisenach schließen Entwicklungspartnerschaft zur IS-H-Nachfolge". presseportal.de (in German). 2024-04-09. Retrieved 2024-06-12.
  13. ^ "Digitalisierungsexperten Max Müller und Jan Wemmel verstärken CompuGroup Medical". e-health-com.de (in German). Retrieved 2024-06-12.


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