SHL Telemedizin Gruppe

What SHL Telemedizin Gruppe does

SHL Telemedizin Gruppe (legal entity SHL Telemedizin GmbH) is a Munich-headquartered digital healthcare service provider and wholly-owned subsidiary of Israel-listed SHL Telemedicine Ltd (SIX: SHLTN, NASDAQ: SHLT). Operating for more than 20 years, the company runs telemedicine centers in Munich and Duisburg and delivers a portfolio built around three core offerings: cardiological telemonitoring with automatic transmission of blood pressure, weight, and heart rhythm data; 24/7 medical advice and video consultation including digital skin checks and sick notes; and geriatric telemedicine. It supplements these with module products such as telecor (a turnkey package enabling cardiologists to set up their own telemedical centers), Cordiva+ (a §140a SGB V selective contract with AOK Bayern for heart failure telemonitoring), the BARMER Teledoktor platform, the FDA-cleared SmartHeart® 12-lead ECG, and the pro:Seele mental health program.

The underlying platform combines monitoring algorithms (including anomaly detection on vital signs and temperature-compensated weight tracking), voice-input symptom questionnaires, chat, video education content, and integration with Germany's electronic patient record and DiGA digital health applications. The company holds ISO 9001, ISO 27001, and ISO 13485 certifications, and its video consultation is approved for billing in standard care (Regelversorgung). Clinically, it cites partnerships with Mayo Clinic (HELP-MI study) and Imperial College London (TELE-ACS study) showing 55% reduction in hospital readmissions and 27.5% reduction in emergency department visits in compliant telemonitoring users.

Commercially, SHL Telemedizin operates a B2B enterprise model selling multi-year contracts directly to statutory health insurers (GKV) under §140a SGB V selective contracts and standard-care reimbursement, with a secondary channel through cardiology practices using telecor. It serves roughly 20 health insurance customers — including BARMER (8.7 million insured) and AOK Bayern (long-standing since 2006) — alongside over 100,000 patients in telemonitoring and 200,000 consultations per year, delivered by a 200+ medical professional network supported by 51–100 corporate employees.

Name

SHL Telemedizin Gruppe

Legal name

SHL Telemedizin GmbH

Website

https://shl-telemedizin.de

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

SHL Telemedizin Gruppe is a Munich-based digital healthcare provider and German subsidiary of SHL Telemedicine Ltd, offering cardiac telemonitoring, 24/7 medical advice, and video consultations to statutory health insurers and their insured members across Germany.

Ownership category

akta.pro rank

Product category

Telemedicine Services

NAICS

Offices of Physicians (6211), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Cardiology Telemedicine Platforms (HLALAGAB)

akta.pro secondary industry

Nurse Triage & Clinical Call-Center Teletriage Platforms (HLALAJAC)

Keywords

• Cardiac telemonitoring
• Telemedicine services
• Medical video consultation
• Remote patient monitoring
• Digital health platforms

Headquarters

HQ city

München

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Health Insurance B2B Contracts: Long-term partnerships with health insurance companies (GKV) providing telemonitoring programs, video consultations, medical advice, and health management services. Revenue generated through per-program fees and per-patient arrangements with statutory health insurers.
2. Selective Contracts (Selektivverträge): Specialized care programs under §140a SGB V, such as Cordiva+ with AOK Bayern, providing structured telemonitoring for chronic conditions with multi-year contract terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

SHL Telemedizin Gruppe operates telemedicine centers in Munich and Duisburg providing cardiac telemonitoring (daily remote monitoring of heart failure and cardiovascular patients), 24/7 medical advice via telephone/chat/video, video consultation for sick notes and prescriptions, dermatology assessments, geriatric telemedicine, and digital health applications. The company delivers these services primarily through B2B contracts with statutory health insurance companies (GKV) in Germany, supported by proprietary devices such as the FDA-cleared SmartHeart 12-lead ECG.

Product overview

SHL Telemedizin Gruppe operates as a digital health service provider offering a unified platform combining telemedical services. The core offering consists of three main products: Kardiologisches Telemonitoring (cardiac telemonitoring with automatic vital data transmission), Medizinische Beratung und Videosprechstunde (24/7 medical consultation via telephone, chat, or video), and Geriatrische Telemedizin (geriatric telemedicine). These are complemented by specialized modules including telecor (for cardiologists establishing their own telemedical centers), Cordiva+ (AOK Bayern heart insufficiency program), BARMER TeleDoktor (joint digital care platform), SmartHeart 12-lead ECG (FDA-cleared remote ECG monitoring), pro:Seele (mental health support), and digital health applications (DiGA). The company also provides structured care programs for chronic diseases including heart failure, inbound telephony, appointment management, symptom management, and health helpline services, all integrated through a platform approach with partner integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• Kardiologisches Telemonitoring (Cardiac Telemonitoring) Daily remote monitoring of patients with cardiac insufficiency and other heart diseases. Patients receive measurement devices for blood pressure, weight, and heart rhythm; data is transmitted automatically and reviewed by cardiologists in telemedicine centers.
• Medizinische Beratung und Videosprechstunde (Medical Consultation and Video Consultation) 24/7 health consultation via telephone, chat, or video. Includes video consultation approved for standard care billing (Regelversorgung) for medical certificates, prescriptions, digital skin checks with dermatological assessment, and specialist appointment scheduling.
• Geriatrische Telemedizin (Geriatric Telemedicine) Holistic telemedical support for self-determined living in advanced age. Combines prevention, care, intervention, and family support for elderly patients requiring continuous monitoring.
• telecor Complete package enabling cardiologists to establish their own telemedical centers (TMZ) for cardiac telemonitoring, including software, medical measurement devices, organizational and technical support, and optional weekend coverage services.
• Cordiva+ Structured telemonitoring program for heart failure patients under §140a SGB V selective contract with AOK Bayern. Includes tablet-based intuitive interface, automatic vital data transmission, voice-input symptom questionnaires, chat with health advisors, and patient education video library.
• BARMER TeleDoktor Digital healthcare platform developed and operated in partnership with BARMER (serving 8.7 million insured members). Offers video consultation for sick notes and prescriptions, digital skin check with dermatological assessment, dermatological video consultation for acute skin concerns, and appointment service for specialist referrals.
• SmartHeart 12-Kanal-EKG (SmartHeart 12-Lead ECG) FDA-cleared, patent-protected 12-channel ECG technology for remote monitoring of post-infarction patients. Validated by Mayo Clinic HELP-MI study and Imperial College London TELE-ACS study showing significant reductions in mortality, emergency department visits, and hospital readmissions.
• pro:Seele Support program for insured persons with mental illness offering individual care via telephone and app. Includes therapy placement assistance, daily structure support, relaxation procedures, medication education, and early detection of decompensations.
• Digitale Gesundheitsanwendungen (DiGA) Digital health applications integrated into the SHL service portfolio for insured persons, combined with telemedical services and electronic patient record (ePA) integration.

Quantifiable outcome

• 27.5% reduction in emergency department visits (TELE-ACS study)
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• BARMERcoreStrategic or Co-development PartnerStrategic partnership for the BARMER Teledoktor platform, providing video consultations, digital skin checks, appointment services, and medical advice for BARMER's 8.7 million insured members. SHL developed and operates the comprehensive telemedicine platform.
• AOK BayerncoreStrategic or Co-development PartnerCordiva+ telemonitoring program for heart failure patients, a continuation of a 15+ year successful collaboration. SHL provides the telemonitoring platform with automatic data transmission, voice input for questionnaires, chat functionality, and video education content.
• Bundesverband Niedergelassener Kardiologen e.V. (BNK)coreStrategic or Co-development PartnerFramework agreement for rapid expansion of heart failure telemonitoring through BNK member practices. SHL provides telecor solution with software, medical devices, and organizational support for establishing telemedicine centers.
• ze:roPRAXENcoreStrategic or Co-development PartnerPartnership for establishing a telemedicine center for heart failure patients in the Rhein-Neckar metropolitan region. SHL provides technology platform, software, devices, and implementation support.
• Cardio Centrum LandshutminorStrategic or Co-development PartnerTelemedical care partnership for patients with heart insufficiency in rural Bavaria, pioneering digital cardiac care.
• Mayo CliniccoreStrategic or Co-development PartnerResearch collaboration for HELP-MI study examining the effectiveness of SmartHeart® 12-lead ECG technology for remote monitoring of post-infarction patients. Study investigates emergency department visits, hospitalizations, and MACE outcomes over 90 days.
• Imperial College LondoncoreStrategic or Co-development PartnerResearch collaboration for TELE-ACS study examining benefits of telemedicine in acute coronary syndrome (ACS) care using SmartHeart® 12-lead ECG technology for remote patient monitoring.
• BlenCon ConsortiumminorStrategic or Co-development PartnerBlended consultation project for interdisciplinary and telemedicine care of nursing home residents with cardiovascular diseases, involving cooperation between general practitioners, specialists, and nursing staff.
• telecorcoreTechnology or IntegrationTelecor is SHL's solution for cardiologists to establish their own telemedicine centers (TMZ) for cardiac telemonitoring, including software, devices, and organizational support.
• SHL Telemedicine Ltd (Parent Company)coreOthersParent company listed on SIX Swiss Exchange (SHLTN) and NASDAQ (SHLT), developing and marketing SmartHeart® personal telemedicine systems and medical call center services with focus on cardiovascular diseases.
• almea GmbH, jumedi GmbH, Gesellschaft für Patienten hilfe DGP mbHcoreOthersSHL Group Germany companies with joint data processing responsibility under GDPR, sharing common database solutions and data infrastructure.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Vitaphone GmbH: German medical-technology company that provides cardiac telemonitoring, telehealth services, and remote patient management to health insurers and cardiology practices. Closest direct competitor to SHL's Cordiva+ and kardiologisches telemonitoring offerings in the German GKV market.
• Preventicus GmbH: German digital health company offering smartphone- and wearable-based cardiac rhythm screening and remote monitoring (e.g., FibriCheck-like rhythm analysis). Competes head-to-head with SHL in cardiac remote monitoring and arrhythmia detection for German insurers and employers.
• TeleClinic GmbH: German telehealth platform providing video consultations, online prescriptions, and specialist referrals, often in partnership with statutory and private health insurers. Directly overlaps with SHL's Medizinische Beratung and BARMER-style Teledoktor services.

Broad incumbents

• Biotronik SE & Co. KG: Global medical device leader with its Home Monitoring® platform for remote monitoring of implanted cardiac devices (ICDs, CRTs, pacemakers). A direct adjacent competitor in cardiac remote monitoring, though anchored in device data rather than SHL's vital-sign telemonitoring.
• Boston Scientific (Latitude NXT): Global medical device company with the Latitude NXT remote patient management system for implanted cardiac devices. Comparable to SHL/Biotronik/Medtronic in cardiac remote monitoring, but inside a wider device portfolio.
• Zava (previously DrEd): European online doctor and telehealth platform offering video consultations, e-prescriptions, and chronic-condition management across Germany, the UK, France, and Ireland. Comparable to SHL's video consultation and chronic-care digital health application (DiGA) products.
• Philips (HealthSuite / Telehealth): Diversified health-technology incumbent offering remote patient monitoring, telehealth platforms, and population-health programs used by European health systems and insurers. Overlaps with SHL's telemonitoring and chronic-care platform at a broader, more enterprise scale.
• Abbott (CardioMEMS / myMerlin): Major medical device company offering remote cardiac monitoring products including CardioMEMS HF System and myMerlin for insertable cardiac monitors. Adjacent incumbent with overlapping cardiac telemonitoring capability but a device-anchored business model.
• Medtronic plc (Care Management Services / CareLink): Global medical device company providing the CareLink remote-monitoring network for cardiac and chronic-disease patients. Competes with SHL on scalable cardiac remote-monitoring infrastructure, but as part of a much broader device-and-services portfolio.
• Doctolib: Major European patient-facing telehealth and appointment-booking platform with strong penetration in Germany. Overlaps with SHL's video consultation and appointment-service offering, but operates as a broad practice-management and booking incumbent rather than a cardiology telemonitoring specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/shl-telemedizin
• Facebookfacebook.com/100078128175734

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SHL Telemedizin Gruppe