Noventi Health
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| Company type | Societas Europaea |
|---|---|
| Industry | Health |
| Founded | 1900 |
| Founder | Verein der Apotheker Münchens e.V. (Association of Munich Pharmacists) |
| Headquarters | Munich, Germany |
Key people | Mark Böhm
Frank Steimel Herbert Pfennig |
| Revenue | 203 million euros (2020) |
Number of employees | approx. 1900 |
| Website | www.noventi.de |
Noventi Health SE is a 100 percent pharmacy-owned group of companies headquartered in Munich.[1] It offers software, hardware, financial services and digital platforms for healthcare providers in the European healthcare market. The software and finance company's business revenue totaled 203 million euros in 2020.[2]
History
[edit]The company was founded in 1900 by the Verein der Apotheker Münchens e.V. (Association of Munich Pharmacists) as an interest group for local pharmacies, transformed in 1967 into Verrechnungsstelle der Bayerischen Apotheken e.V. (VBA) and in 1971 into VSA Verrechnungsstelle der Süddeutschen Apotheker e.V. In 1983, the billing business was outsourced to VSA GmbH; VSA e.V. changed its name to FSA e.V., which is still the sole shareholder of Noventi Health SE today.[3][4]
In the 1990s, Noventi's core business, at that time billing for inpatient pharmacies, was expanded through strategic acquisitions and by adding the Other Service Providers business area. In 2014, Noventi entered the care sector with a majority stake in Noventi Care GmbH.[4]
In 2016, Noventi restructured into a holding company with 27 subsidiaries and strategic investments within Europe, distributed across the umbrella companies Noventi Health SE and Noventi GmbH. In 2020, the two sister groups were merged to form Noventi Health SE.[5] The share capital of Noventi Health SE increased from 2 to 45 million euros as a result of the merger. The sole shareholder continues to be FSA e.V., which helps shape the holding company's development and entrepreneurial decisions via the supervisory board.[4]
Products and Services
[edit]The subsidiaries of Noventi Health SE primarily focus on providing services, notably including prescription billing, logistics, and software solutions such as ERP systems tailored to healthcare providers, including pharmacies. NOVENTI stands as Germany's largest provider of ERP systems, with an annual processing volume of approximately 200 million paper prescriptions, representing nearly half of the nation's total medical prescriptions. In the fiscal year 2021, gross prescription sales surpassed 30 billion euros. Moreover, NOVENTI HealthCare GmbH extends its offerings to encompass financial services tailored to healthcare providers, in addition to merchandise management and prescription billing.
The holding company, along with its strategic investments and subsidiary entities, actively engages in the development and deployment of IT solutions to support customers in their digital transformation endeavors. Noventi HealthCare undertook software development tasks as part of the GERDA pilot project[6] - an ePrescription initiative. In 2019, Noventi completed Germany's inaugural ePrescription billing via the GERDA pilot project.[7] Furthermore, Noventi contributes to the integration of German pharmacies into the requisite telematics infrastructure (TI) for ePrescription implementation, offering its own TI equipment package.[8]
Expanding its collaborative efforts, in 2021, Noventi Health SE established a joint venture with pharmaceutical wholesaler Phoenix to jointly operate the health portal gesund.de.[9][10]
References
[edit]- ^ Noventi (2020). "Jahresbericht 2019" (PDF) (in German). Noventi Health SE. Archived from the original (PDF) on 2020-10-22. Retrieved 2020-10-21.
- ^ Noventi (2021). "Jahresbericht 2020" (PDF) (in German). Noventi. Retrieved 2022-05-14.
- ^ "Noventi Group" (in German). Archived from the original on 2020-10-23. Retrieved 2020-10-21.
- ^ a b c "Der FSA". FSA e. V. Retrieved 2020-10-21.
- ^ Dr Armin Edalat Apotheker (2020-07-03). "Ist Noventi auf dem Weg an die Börse?". Archived from the original on 2020-10-23. Retrieved 2020-10-21.
- ^ Müller, Alexander (2019-06-17). "Noventi schnappt sich Gerda" [Noventi grabs Gerda]. APOTHEKE ADHOC (in German). Retrieved 2024-04-19.
- ^ Adhoc, Apotheke (2019-12-12). "Noventi rechnet erstes E-Rezept ab" [Noventi settles first e-prescription]. APOTHEKE ADHOC (in German). Retrieved 2024-04-19.
- ^ Adhoc, Apotheke (2020-02-17). "Noventi bringt TI-Komplettpaket" [Noventi brings complete TI package]. APOTHEKE ADHOC (in German). Retrieved 2024-04-19.
- ^ Klöckner, Jürgen (2021-01-25). ""Antwort auf Amazon": Apotheken-Allianz startet eigenes Portal" [“Answer to Amazon”: Pharmacy Alliance launches its own portal]. www.handelsblatt.com (in German). Retrieved 2024-04-19.
- ^ "gesund.de ist die "Antwort des deutschen Gesundheitsmarktes" | W&V" [Gesund.de is the “answer of the German healthcare market” | W&V.]. Werben & Verkaufen. 2021-01-25. Archived from the original on 2021-01-26. Retrieved 2021-02-09.