Medisoft

What Medisoft does

AS Medisoft is an Estonian privately held software company founded in 1992 that develops healthcare information systems serving approximately 80% of Estonian family doctors, 90-100 hospitals, and more than 400 healthcare institutions nationwide. The company operates three core products: PEREARST (comprehensive primary care physician software in development since 1997 covering patient registries, digital health records, prescriptions, and laboratory integration), MEDIREG (a web-based patient registration and appointment booking system launched in 2015), and LIISA (a modular hospital information system deployed across large hospitals, nursing facilities, rehabilitation centers, and private practices). All systems integrate with Estonia's national X-tee data exchange layer for interoperability with the Health Information System, Health Insurance Fund (Tervisekassa), Social Insurance Board, and Ministry of Social Affairs, giving Medisoft regulatory-grade integration that supports billing, digital prescriptions, and electronic health record exchange.

The business operates on a sales-led go-to-market model with multiple revenue streams including recurring software licensing and maintenance contracts (typically annual), hardware resale (IBM servers, Lenovo, Microsoft, HP, Adobe, Oracle), ISO 9001:2015-certified training and consulting services, and managed hosting/IT infrastructure. Pricing is quote-based, scaled by patient lists served and workstation count for Perearst. The company maintains offices in Tallinn (Räägu 35a) and Tartu (Spektri 6, recently relocated to Riia 142 in May 2019) and employs 51-100 specialists. Notable subsidiaries and brands include MEDIWEB, Medipost (laboratory order messaging), and the Otsustustugi Clinical Decision Support System, the latter of which won Estonia's Best Public Sector Digital Service award in 2021.

Medisoft is currently investing in AI capabilities through a March 2025 partnership with Tartu University and AIRE (AI and Robotics Centre) to develop Estonian-language large language models that automate clinical documentation during family doctor visits. The company has received non-dilutive grant funding from Enterprise Estonia (€96,600 in January 2025 for digital reporting prototypes via X-Road) and from the Estonian-Norwegian Green ICT cooperation program (2019). The company achieved 16th place in Äripäev's IT and Computer Firms TOP 2020 and entered the Gaselli TOP 2020 for companies growing revenue and profit by more than 50% over three years. Revenue, ownership structure, and financial performance metrics are not publicly disclosed.

Name

Medisoft

Legal name

AS Medisoft

Website

https://medisoft.ee

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

AS Medisoft, founded in 1992 in Estonia, develops medical records, appointment scheduling, and clinical workflow software used by approximately 80% of Estonian family doctors and 400+ healthcare institutions through its PEREARST, MEDIREG, and LIISA product suites.

Ownership category

akta.pro rank

Product category

Healthcare Information Systems

NAICS

Software Publishers (513210)

SIC

Services-Health Services (8000)

akta.pro primary industry

Care Management & Coordination Platforms (case/disease management workflows) (HLACAHAD)

Keywords

• Electronic health records
• Hospital information systems
• Primary care software
• Medical practice management
• Clinical decision support

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Maintenance: Recurring revenue from software licenses for PEREARST, LIISA, and MEDIREG systems with annual maintenance/support contracts. Includes software updates based on legal acts, Health Insurance Fund price list changes, and Health Information System standards.
2. Hardware Sales: Sale of hardware including IBM servers, recording equipment, and Oracle software along with Lenovo, Microsoft, HP, Adobe products.
3. Training and Consulting Services: ISO 9001:2015 certified training and consulting services for information systems including MEDIREG, PEREARST, LIISA, and MEDIWEB.
4. Hosting and IT Infrastructure Management: Accommodation services and IT infrastructure management for healthcare institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

AS Medisoft develops and licenses proprietary healthcare information systems used by family doctors, specialists, hospitals, and Estonian public-sector health authorities. Its three flagship products — PEREARST (primary care clinical software), MEDIREG (web-based patient registration and appointment booking), and LIISA (modular hospital information system) — manage patient records, prescriptions, billing, laboratory orders, and reporting, integrated with Estonian national health information systems via X-tee.

Product overview

Medisoft offers a suite of interconnected healthcare information systems designed for different care settings. The product portfolio centers on three core systems: PEREARST/Perearst/Eriarst for primary care and family medicine practices, MEDIREG for web-based patient registration and appointment scheduling, and LIISA as a comprehensive hospital information system managing hospital operations including laboratory, diagnostics, rehabilitation, pharmacy, and patient records. Additionally, MEDIWEB provides web-based clinical documentation, and Otsustustugi offers clinical decision support integrated with PEREARST. Medisoft also delivers custom software development, training, and hardware/software sales with support services.

Differentiator

Problem solved

Functional benefit

Brands

• PEREARST: Information system for family doctors and specialists, designed for daily work simplification in health centers and medical institutions.
• MEDIREG
• LIISA
• MEDIWEB
• Medipost

Products and services

• PEREARST (Perearst / Eriarst) Primary care and specialist physician information system managing patient registry, digital health records, prescriptions, referrals, laboratory integration, health insurance fund communication, and clinical decision support. Designed for family doctors, health centers, and specialist practices in Estonia.
• MEDIREG (Veebiregistratuur) Web-based reception and patient registration information system used by healthcare institutions to register patients and by patients to book specialist appointments. Integrates with LIISA, PEREARST2/3, and the national digital registry via the veebiregistratuur.ee environment.
• LIISA Hospital Information System Comprehensive modular hospital information system covering outpatient and inpatient treatment, pharmacy, laboratory, diagnostics, operations, rehabilitation, nursing records, and dietary management. Interfaces with X-tee government data exchange, the Estonian Cancer Registry, and other national systems.
• MEDIWEB Medical information system providing web-based clinical documentation and health record management for healthcare institutions.
• Custom Healthcare Software Development Bespoke healthcare and social-security information system development services for organizations requiring specialized medical IT solutions, including systems for social insurance, pension distribution, and state benefits.
• ISO 9001:2015 Certified Training Services ISO 9001:2015 certified training services for MEDIREG, PEREARST, LIISA, and MEDIWEB information systems, delivered through Medisoft's Training Center.
• Software and Hardware Sale and Support Sale of third-party hardware and software (IBM servers, recording equipment, Oracle, Lenovo, Microsoft, HP, Adobe products) bundled with installation and ongoing support services for healthcare institutions.

Quantifiable outcome

• Used by approximately 80% of Estonian family doctors
• +4 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability3 records

Feature4 records

Partnerships

13 partnerships are on record, tiered core and supporting.

• Tartu University (Tartu Ülikool)coreStrategic or Co-development Partner · 20 March 2025AS Medisoft is testing the use of large language models for automating medical visit documentation in collaboration with the University of Tartu and AIRE (AI and Robotics Centre). The demo project aims to save family doctors' time spent on medical summaries by having AI document patient visits and generate automatic visit summaries. Estonian language-specific AI solutions are being validated.
• AIRE (AI and Robotics Centre)coreStrategic or Co-development Partner · 20 March 2025Collaboration with AIRE (AI and Robotics Centre) for developing AI-powered clinical documentation solutions using large language models for Estonian language.
• Health Development Institute (Tervise Arengu Instituut)coreStrategic or Co-development Partner · 4 February 2025Project partner for developing digital reporting prototypes via X-road to transmit pathology department cancer notifications, birth cards, and pregnancy termination data electronically from LIISA hospital information system to government health registries. Project budget 138,000 EUR.
• Kuressaare Hospital Foundation (Kuressaare Haigla Sihtasutus)supportingStrategic or Co-development Partner · 4 February 2025Project partner for digital reporting prototype development via X-road from LIISA to government registries.
• West-Tallinn Central Hospital (Lääne-Tallinna Keskhaigla)supportingStrategic or Co-development Partner · 4 February 2025Project partner for digital reporting prototype development via X-road from LIISA to government registries.
• AS FertilitassupportingStrategic or Co-development Partner · 4 February 2025Project partner for digital reporting prototype development via X-road from LIISA to government registries.
• Estonian Health Insurance Fund (Eesti Tervisekassa)coreTechnology or IntegrationKey integration partner for healthcare software. Medisoft's systems interface with Health Insurance Fund for billing, insurance queries, and digital prescriptions. Partnership includes clinical decision support system development.
• Health and Welfare Information Systems Centre (TEHIK)coreTechnology or IntegrationIntegration with national health information systems including digital documentation, document queries, digital health record, and digital registration through X-tee.
• Ministry of Social Affairs (Sotsiaalministeerium)coreTechnology or IntegrationInformation systems meet all requirements established by Ministry of Social Affairs for interfacing with health information systems.
• Social Insurance Board (Sotsiaalkindlustusamet)coreTechnology or IntegrationDeveloped SKAIS information system for Social Insurance Board. Systems integrated with state information systems through X-tee.
• Estonian Family Doctors Society (Eesti Perearstide Selts)coreStrategic or Co-development PartnerSolutions for amendments and innovations are discussed, coordinated, and tested by the working group of Estonian Family Doctors Society. Physicians themselves participate as program developers.
• Family Medicine IT Development Council (Peremeditsiini Infotehnoloogia Arendusnõukogu)coreStrategic or Co-development PartnerCoordinates the development of legal acts related to family medicine software requirements and standards.
• Estonian Health Information System (Tervise infosüsteem)coreTechnology or IntegrationMedisoft products meet all requirements for interfacing with national Health Information System including digital health history, digital prescription, digital imaging, and digital registration.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Dedalus Group: European healthcare IT group with a portfolio of hospital and diagnostic information systems deployed across multiple EU countries. Comparable in scope of hospital information systems and European public-sector healthcare focus.
• CompuGroup Medical (CGM): Large European health-IT incumbent providing physician and hospital information systems across multiple EU markets. Overlaps with Medisoft in primary-care and hospital software but at much broader geographic and portfolio scale.
• Epic Systems: Global EHR incumbent increasingly expanding into European markets. While currently focused on larger systems, its European push represents a long-term competitive threat to Medisoft-style regional EHR vendors.
• TietoEVRY Healthcare (Tieto): Major Nordic IT services and healthcare software provider serving hospitals and primary care across the region. Broader portfolio than Medisoft but overlapping in EHR/health-information-system delivery for Nordic and Baltic healthcare providers.

Emerging players

• PatientSky: Norwegian cloud-native EHR/medical record platform competing with legacy Nordic hospital systems. Comparable in addressing primary-care and specialist workflows but with a modern SaaS delivery model contrasting Medisoft's on-premise architecture.

Direct peers

• Systematic: Danish healthcare IT vendor known for Columna EPR, widely deployed across Danish hospitals. Comparable in Nordic public-sector EHR focus and modular architecture similar to LIISA.
• Cambio Healthcare Systems: Swedish-headquartered EHR vendor supplying hospital and regional healthcare information systems across the Nordics. Most directly comparable to Medisoft in scale, market (Nordic/Baltic), and government-integrated care-records focus.
• DIPS: Norwegian electronic patient journal (EPR) vendor with deep public-sector penetration in Norway. Highly comparable to LIISA in hospital-system scope and national-integration profile.

Others

• Tervisetehnoloogiate Arenduskeskus (health-tech ecosystem players): Estonian health-tech innovation and cluster ecosystem (e.g., Tehnopol, Connected Health Cluster). Relevant as adjacent enabling/innovation context rather than a direct competitor — they support the ecosystem in which Medisoft operates.

Regional players

• Medicore: Estonian-headquartered medical software competitor serving the same domestic market as Medisoft with overlapping primary-care and clinical-workflow products. The closest local head-to-head competitor in Estonia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/medisoft-as

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Medisoft