Company:Noventi Health

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Short description: Healthcare technical services company group
Logo with slogan below it in German
NOVENTI logo

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

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]

References