CGM acquires eMDs, Inc., a leading provider of healthcare IT with a focus on doctors’ practices in the US
December 22, 2020
CompuGroup Medical SE & Co. KGaA (CGM) is strengthening its international market position and rising to belong to the leading providers of Ambulatory Information Systems in the US, with the acquisition of eMDs, a Texas-based corporation.
With eMDs, we are taking our US business to a new dimension: know-how, products, and target markets excellently complement one another. We are also expanding our sales network with another 100 partners through the acquisition. We are now even better and more broadly positioned to take advantage of the current growth trend in the US market for health IT, for the benefit of patients and health professionals.
Founder and CEO, CompuGroup Medical SE & Co. KGaA
CompuGroup Holding USA, Inc., a 100 % subsidiary of CompuGroup Medical SE & Co. KGaA, successfully completed the reverse triangular merger under US law, making this growth opportunity possible. During the course of the closing, all of the company’s shares will be included in CGM’s financial statements as of December 31, 2020.
The main products of eMDs are Ambulatory Information Systems and Revenue Cycle Management.
The new, strengthened CGM US company is intended to benefit from current growth in the health IT market in an accelerated manner and simultaneously make the dynamics of this sector in the US accessible more quickly to all divisions of CompuGroup Medical.