SPI Digital Health: CompuGroup Medical Faces Uphill Challenge and Short-term Fixes are Few

Publication Date: 19/07/2024

CompuGroup Medical has released its first-half results for 2024. The figures were not good, with the vendor facing a litany of challenges and no easy fixes. In such a scenario, how does it go forward?

The dashboard below summarises CGM’s business over the last three years. Most of its revenue comes from its Ambulatory Information Systems (AIS) business which was recently combined with its Consumer & Health Management Information Systems (CHS) business unit (both shown in purple below).

This business unit comprises healthcare IT solutions (in most cases EHRs) targeted at primary care and other ambulatory care providers, as well as ….