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CompuGroup Medical AG

EANS-News: CompuGroup Medical enters the Swiss Healthcare Market

Koblenz (euro adhoc) -

Acquisition of the market leader for hospital information systems
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers
Subtitle: Acquisition of the market leader for hospital information 
systems
January 11, 2011: CompuGroup Medical stays
focused on pursuing their growth strategy. The company today executed
a contract with MCS for the acquisition of all assets of Parametrix 
AG and Parametrix Deutschland GmbH. With this  purchase, CompuGroup 
Medical, the provider of medical information technology, is now 
represented in the Swiss healthcare market. Parametrix is the Swiss 
market leader in the hospital information sector.
The company, who has 51 employees, has their primary headquarters in 
Niederwangen near Bern and also has a subsidiary in Eltville, 
Germany. With a market share of close to 30% of the acute care 
hospital sector and nearly 20% of rehabilitation and social services 
facilities, Parametrix is a market leader for hospital information 
systems (HIS) in Switzerland. The total revenues in 2010 were almost 
6 million euros, based on the acquired assets.
"The acquisition of Parametrix is a strategic investment in the acute
care and rehabilitation market and a further step in our pursuit of 
being a leader in the worldwide e-health market," emphasized Frank 
Gotthardt, chairman of CompuGroup Medical AG. "Our expansion strategy
has proven itself to be successful and we will remain on that path 
and continue our growth so we can provide even more hospitals and 
medical centers with optimal solutions at the international level," 
continued the company founder.
The entry into the Swiss healthcare market comes at a very opportune 
time. Based on numbers that were provided by the OECD, in 2006 
Switzerland had the second-highest healthcare expenses in the world 
when measured as a share of the gross domestic product. After the 
successful integration of Parametrix´s products into the corporation,
the existing software will be upgraded for the international platform
strategy. Swiss hospitals will therefore have access to modular 
solutions that can easily be integrated into existing processes. They
will contribute to slimming down operating procedures and thereby a 
significant reduction of costs.
About CompuGroup Medical AG CompuGroup Medical is one of the leading 
e-health companies worldwide. Its software products, designed to 
support all medical and organizational activities in doctors´ offices
and hospitals, its information services for all parties involved in 
the healthcare system and its web-based personal health records 
contribute towards safer and more efficient healthcare. The services 
of CompuGroup Medical are based on its unique customer base of around
370,000 doctors, dentists, hospitals and networks as well as other 
service providers. CompuGroup Medical is the e-health company with 
one of the biggest coverage among e-health service providers 
worldwide. The company operates in 17 European countries as well as 
in Brazil, Chile, Malaysia, Morocco, Saudi Arabia, South Africa and 
in the USA and currently employs around 3,200 people.
end of announcement                               euro adhoc

Further inquiry note:

CompuGroup Medical AG
Barbara Müller
Consultant Press & Media
P +49 (0) 261 8000-1293
F +49 (0) 261 8000-3284
E-Mail: press@cgm.com

Branche: Software
ISIN: DE0005437305
WKN: 543730
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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