NOVENTI HealthCare GmbH

What NOVENTI HealthCare GmbH does

NOVENTI HealthCare GmbH is a Munich-based German limited liability company (GmbH) operating as a wholly-owned subsidiary of NOVENTI Health SE and positioned as the national market leader in healthcare billing services for pharmacies and health professionals in Germany. The company serves approximately 30,000 customers nationwide through two dedicated sub-brands: VSA, which handles billing and accounts receivable for pharmacies; and AZH, which provides billing services for healthcare professionals across therapeutic services (Heilmittel), rehabilitation sports (Rehasport), medical aids (Hilfsmittel), and patient transport (Krankentransport). With over 800 employees concentrated across two Munich offices, NOVENTI HealthCare processes approximately €31 billion in annual billing volume on behalf of its customers, connecting healthcare providers to the German statutory health insurance (GKV) system and other payors.

The company's core technology consists of platform-based digital billing and financial services systems purpose-built for the complexity of German healthcare reimbursement. Core products include national billing and accounts receivable services for pharmacies, billing and financial services for therapeutic and rehabilitation professionals, a digital health applications (DiGa) billing module that processes reimbursements for digitally prescribed health applications, and billing services for medical aids and patient transport. The NOVENTI Academy operates as an adjunct professional education platform supporting customers and stakeholders. The company employs over 800 staff in Munich and traces its heritage to the founding of the NOVENTI Group in 1899, with 2024 marking 125 years of operation.

Revenue is generated primarily through transaction-fee-based billing services tied to the value of reimbursement claims processed. The go-to-market approach is direct B2B sales with dedicated customer service teams for each vertical — pharmacy customers served through the VSA brand and healthcare professional customers served through AZH — supported by LinkedIn and YouTube corporate communications. Pricing is not publicly disclosed, and revenue figures are not available in source material. Management is led by Michael Gabler as Speaker of the Management Board (Sprecher der Geschäftsführung) and Petra Terhardt as Managing Director (Geschäftsführerin). The company is privately held with no stock exchange listing, no disclosed funding rounds, no acquisitions or divestitures, and no patents or trademarks documented in the available material.

Name

NOVENTI HealthCare GmbH

Legal name

NOVENTI HealthCare GmbH

Website

https://noventi.healthcare

Company type

Private

Founded year

1899

Operating status

Operating

Headcount range

51–100 employees

Short description

NOVENTI HealthCare GmbH is a Munich-based subsidiary of NOVENTI Health SE and the national market leader in healthcare billing and financial services for German pharmacies and health professionals, serving approximately 30,000 customers through its VSA and AZH sub-brands and processing €31 billion in annual billing volume.

Ownership category

akta.pro rank

Product category

Healthcare Billing and Financial Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Services-Health Services (8000), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Healthcare Billing & Patient Payments Presentment (FSAMAJAH)

akta.pro secondary industries

Provider Network, Credentialing & Contracting Support (BPAAAFAI), Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops) (CRAOAHAK)

Keywords

• Healthcare billing services
• Pharmacy billing
• Medical reimbursement processing
• Healthcare financial services
• Digital health applications

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Healthcare Billing Services: Core billing and financial services for pharmacies and healthcare professionals in the German healthcare system. Processes reimbursement claims through statutory health insurance (GKV) and other payors.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

NOVENTI HealthCare GmbH is a national market leader providing billing, financial, and IT services to pharmacies and healthcare professionals (Heilmittel, Rehasport, Hilfsmittel, Krankentransport) in Germany. Operating under the VSA brand for pharmacies and the AZH brand for healthcare professionals, the company processes reimbursement claims with statutory health insurers (GKV) and other payors, and supports digital health application (DiGa) billing integration.

Product overview

NOVENTI HealthCare is a platform-based billing and financial services provider for the German healthcare market. The core offering consists of billing services for pharmacies (via VSA) and billing services for health professionals (via AZH), supported by IT infrastructure and digital health application processing. The company manages €31 billion in annual billing volume across approximately 30,000 customers nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharmacy Billing Services (VSA) National billing and accounts receivable services for pharmacies, handling reimbursement claims with health insurance providers in the German healthcare system. Delivered under the VSA brand.
• Healthcare Professional Billing Services (AZH) Billing and financial services for health professionals (Gesundheitsfachberufe) including therapeutic professions (Heilmittel), rehabilitation sports (Rehasport), medical aids (Hilfsmittel) and patient transport (Krankentransport). Delivered under the AZH brand.
• Digital Health Applications (DiGa) Billing Digital health applications billing service enabling pharmacies and healthcare professionals to process reimbursements for digitally prescribed health applications (DiGa) in the German healthcare system.
• Medical Aids and Patient Transport Billing Billing services for medical aids (Hilfsmittel) and patient transport (Krankentransport) providers within the German healthcare reimbursement system.

Quantifiable outcome

• 31 billion EUR annual billing volume
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Bitmarck Holding GmbH: Major German IT and business services provider to statutory health insurers, processing claims and operating health-system infrastructure — operates on the payor side of the same workflow NOVENTI serves from the provider side.
• CompuGroup Medical SE: Listed German healthcare-IT incumbent providing practice management, pharmacy software, and billing-adjacent services to physicians, hospitals, and pharmacies — broader portfolio but overlaps with NOVENTI's pharmacy and provider software footprint.
• medatixx GmbH & Co. KG: German provider of practice management software and services for medical practices, including billing workflows for physicians and allied health professionals — comparable SMB provider billing-services focus.

Direct peers

• Deutsche Apotheker- und Ärztebank (apoBank): Germany's cooperative bank serving pharmacies and healthcare professionals, providing both financial services and adjacent billing/admin infrastructure — overlapping customer base and complementary service lines with NOVENTI HealthCare.
• ARZ Haan AG: German pharmacy clearing and billing center that processes reimbursement claims for pharmacies with statutory health insurers — directly comparable service offering to NOVENTI's VSA-branded pharmacy billing business.

Regional players

• Cegedim SA: French healthcare technology and services company providing billing, software, and data solutions to physicians, pharmacists, and insurers across Europe — similar business model but serving different geographic markets.

Others

• DATEV eG: German cooperative IT services provider for tax advisors, auditors, and legal professionals — analogous German SMB-facing cooperative model with billing-platform DNA, though primarily tax/accounting rather than healthcare.
• Arvato (Bertelsmann): Global BPO and financial services provider with a healthcare-adjacent billing and back-office practice — comparable transactional-services DNA and scale, though healthcare is one segment within a much broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCK6Njn39mHedDuw8VOMebCg
• LinkedInlinkedin.com/company/azh-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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

Frequently asked questions about NOVENTI HealthCare GmbH