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,
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 application software to support medical and organizational activities in doctors' practices, pharmacies, medical laboratories and hospitals. According to its own figures, the company employed more than 9200 people worldwide in 2022[1]and has over 1.6 million users in 56 countries.[2]

CompuGroup Medical shares have been included in the TecDAX stock market index since September 2013.

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.

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 united with the subsidiaries that had emerged 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.[3]

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.[4] 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.

References[edit]

  1. ^ "Geschäftsbericht 2022" (PDF) (in German). CompuGroup Medical. Retrieved 2023-07-17.
  2. ^ CompuGroup Medical SE & Co. KGaA. "Geschäftsbericht 2021" (PDF). Retrieved 2022-08-05.
  3. ^ CGM. "Zwischenjahresbericht 2020" (PDF). CGM. Retrieved 2020-11-02.
  4. ^ CompuGroup Medical SE. "Faktenübersicht CompuGroup Medical SE". Retrieved 2018-04-04.