Cambio
Cambio is a Swedish eHealth software company that develops and licenses the COSMIC electronic health record system, deployed across the majority of Sweden's healthcare regions for patient record management and clinical documentation.
- Company typePrivate
- Founded1993
- HeadquartersLinköping, Sweden
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Cambio does
Cambio is a Swedish eHealth software company founded in 1993 and headquartered in Linköping, with 501-1000 employees. The company develops and licenses the COSMIC electronic health record (EHR) system, which is deployed across the majority of Sweden's 21 regional healthcare authorities and is used for patient record management, clinical workflows, and healthcare documentation. Named deployments include Region Stockholm and Region Gotland, with go-lives completed across 10 regions in Q4 2025.
The company's core technology is the COSMIC EHR platform, augmented in June 2025 by the acquisition of Leapscribe, an AI-powered ambient scribe application that automatically converts spoken dialogue from patient consultations into structured medical documentation in real time. This audio-to-text AI capability is integrated as an embedded feature within COSMIC rather than sold as a standalone product, and is the company's primary AI/ML offering. No proprietary training pipelines, research publications, or senior AI research hires are disclosed.
Cambio generates revenue primarily through recurring licensing of COSMIC and ongoing operational support services, sold via direct enterprise sales and formal procurement contracts to Swedish regional healthcare authorities. In Q4 2025 the company reported 34% year-over-year revenue growth and a doubling of EBITDA, reflecting the financial impact of regional go-lives and contract expansions. This growth trajectory is offset by a Sweden eHealth Agency investigation into Cosmic's procurement following 646 reported incidents — including seven deaths — since autumn 2024, which creates material regulatory and renewal risk for a customer base concentrated in public-sector healthcare buyers.
Cambio firmographics
Firmographics- Name
- Cambio
- Legal name
- Cambio
- Website
- https://cambio.se
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Cambio is a Swedish eHealth software company that develops and licenses the COSMIC electronic health record system, deployed across the majority of Sweden's healthcare regions for patient record management and clinical documentation.
- Ownership category
- akta.pro rank
Cambio industry classification
Industry- Product category
- Electronic Health Records (Healthcare IT)
- NAICS
- Software Publishers (5132), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- EHR Implementation, Optimization, Training & Managed Services (HLACAAAL)
- akta.pro secondary industry
- Nursing, Clinical Notes & Documentation Workflow Tools (HLACAAAG)
Keywords
Where Cambio is headquartered
LocationHeadquarters
- HQ city
- Linköping
- HQ country
- Sweden
- HQ region
- Europe
Markets served
Cambio business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- EHR System Licensing and Support: Cambio generates revenue through licensing its COSMIC electronic health record system to Swedish healthcare regions, along with ongoing operational support and development services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Cambio product offering
Product offeringCore offering
Cambio develops, licenses, and operates the COSMIC electronic health record (EHR) system used by the majority of Sweden's regional healthcare authorities for patient record management, clinical workflows, and healthcare documentation. Through its acquisition of Leapscribe (effective June 30, 2025), the company offers an integrated AI-powered ambient scribe that automatically generates structured medical notes from spoken dialogue during patient consultations. Revenue is generated through licensing, implementation, and ongoing operational support under procurement contracts with Swedish regional healthcare bodies.
Product overview
Cambio is a leading Nordic provider of eHealth solutions offering a portfolio centered on its COSMIC electronic health record system, which is used by the majority of Sweden's regions. The company recently acquired Leapscribe to integrate AI-powered ambient scribe functionality (speech-to-text medical documentation) directly into COSMIC, strengthening its AI capabilities for more efficient, patient-centered healthcare delivery.
Differentiator
Problem solved
Functional benefit
Brands
- COSMIC: Electronic health record (EHR) system deployed across multiple Swedish regions, used by the majority of Sweden's healthcare regions for managing patient records and clinical workflows.
Products and services
- COSMIC Electronic Health Record (EHR) System Cambio's flagship EHR system used by the majority of Sweden's regions for patient record management, clinical workflows, and healthcare documentation. Sold through enterprise procurement contracts to Swedish regional healthcare authorities.
- Leapscribe AI Ambient Scribe AI-powered ambient scribe application that automatically generates medical notes during patient consultations by converting spoken dialogue into structured documentation in real time. Acquired via the Leapscribe acquisition and integrated as a fully embedded feature within the COSMIC EHR system.
Companies that use Cambio
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Cambio technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature2 records
Cambio partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- LeapscribecoreCambio acquired Leapscribe, an innovation company that developed an AI assistant for automatic medical note generation during patient consultations. The acquisition effective June 30, 2025 integrates Leapscribe's digital assistant as a fully embedded feature within Cambio's COSMIC EHR system, strengthening Cambio's AI capabilities for healthcare documentation.
Scale indicators5 records
Recent moves4 records
Expansion highlights4 records
Cambio competitors and assessment
Company assessmentDirect peers
- Tietoevry: Tietoevry is a major Nordic IT services and software company with a healthcare division providing EHR and digital health solutions across the Nordics. Directly comparable as a regional EHR and healthcare IT competitor operating in the same Nordic geographies and serving public sector healthcare customers.
- DIPS ASA: DIPS is the leading Norwegian EHR provider serving Norwegian hospitals with an integrated electronic patient journal system. Directly comparable as a Nordic regional EHR specialist serving public healthcare regions, similar to Cambio's COSMIC in Sweden.
- Dedalus Group: Dedalus is one of Europe's largest healthcare IT companies providing EHR, LIS, and clinical documentation software to hospitals and regional health authorities across multiple European countries. Directly comparable as a large-scale European EHR vendor with multi-region public sector deployments.
- CompuGroup Medical: CompuGroup Medical is a leading European eHealth company providing EHR, practice management, and clinical documentation software to physicians, hospitals, and healthcare networks. Comparable as a publicly-traded European EHR vendor serving public sector and ambulatory care providers.
Broad incumbents
- Epic Systems: Epic Systems is the largest EHR vendor in the US, serving major hospitals and academic medical centers with comprehensive electronic health record platforms. Comparable as a broad incumbent in the EHR market with comparable clinical documentation, workflow, and ambient AI scribe capabilities.
- Oracle Health (Cerner): Oracle Health (formerly Cerner) is one of the largest global EHR vendors serving hospitals, health systems, and government health agencies. Comparable as a broad incumbent with EHR platforms, clinical documentation tools, and a growing AI clinical assistant portfolio.
- MEDITECH: MEDITECH is a long-established US-based EHR vendor serving hospitals and health systems with integrated electronic health record platforms. Comparable as a broad incumbent EHR vendor with similar clinical documentation and workflow focus.
Regional players
- Systematic: Systematic is a Danish IT company providing healthcare solutions including EHR and electronic patient journal systems to the Danish and broader Nordic healthcare markets. Comparable as a Nordic regional EHR specialist serving public healthcare systems.
Emerging players
- Nuance Communications (Microsoft DAX Copilot): Microsoft's Nuance DAX Copilot is an AI-powered ambient clinical documentation solution integrated with EHR systems. Comparable as a competitor in the specific ambient scribe / AI clinical documentation niche that Cambio addresses through its Leapscribe acquisition.
Others
- Region Stockholm/Inera (CGM/Epic alternatives in Sweden): Inera is the Swedish public-sector IT company managing digital health infrastructure and national healthcare IT services. Relevant as a Swedish public-sector ecosystem player in healthcare procurement, though not a direct product competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Cambio social profiles
Digital presenceCambio financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cambio leadership team
Management profileNumber of profiles
Profiles9 records
Cambio subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cambio funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cambio M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cambio
What does Cambio do?
Cambio develops, licenses, and operates the COSMIC electronic health record (EHR) system used by the majority of Sweden's regional healthcare authorities for patient record management, clinical workflows, and healthcare documentation. Through its acquisition of Leapscribe (effective June 30, 2025), the company offers an integrated AI-powered ambient scribe that automatically generates structured medical notes from spoken dialogue during patient consultations. Revenue is generated through licensing, implementation, and ongoing operational support under procurement contracts with Swedish regional healthcare bodies.
Is Cambio a public or private company?
Cambio is a private company. It is classified as private equity controlled and is currently operating.
When was Cambio founded?
Cambio was founded in 1993. It employs 501 to 1,000 people.
Where is Cambio based?
Cambio is headquartered in Linköping, Sweden, in the Europe region.
How does Cambio make money?
One revenue line is on record: EHR System Licensing and Support.
Who are Cambio's main competitors?
Direct peers on record are Tietoevry, DIPS ASA, Dedalus Group and CompuGroup Medical. Broad incumbents are Epic Systems, Oracle Health (Cerner) and MEDITECH. Systematic is listed as a regional player. Nuance Communications (Microsoft DAX Copilot) is listed as an emerging player. Region Stockholm/Inera (CGM/Epic alternatives in Sweden) is listed as an others.
Does Cambio have an API?
No public API is recorded for Cambio.
What industry is Cambio in?
Cambio's product category is Electronic Health Records (Healthcare IT). Its primary akta.pro industry code is HLACAAAL, EHR Implementation, Optimization, Training & Managed Services, with a secondary code of HLACAAAG, Nursing, Clinical Notes & Documentation Workflow Tools. Its NAICS code is 5132 and its SIC code is 7372.