Cegedim: acquisition of Visiodent group
15 Febbraio 2024 - 5:45PM
UK Regulatory
Cegedim: acquisition of Visiodent group
Cegedim acquires Visiodent to spur its
development in the dental practice and health clinic
segments
Boulogne-Billancourt, France, February
15, 2024 -
Cegedim, an
innovative technology and services company, has acquired
the Visiodent group, a
leading provider of management solutions for dental practices and
health clinics in France. The deal will strengthen its
Cegedim Santé subsidiary’s
ecosystem of solutions with a product widely used by dentists in
private practice and both dental and multi-specialty health
clinics. It will also bolster the Group’s leadership in software
publishing for healthcare professionals.
This acquisition is firmly in line with the
development plan launched following the deal that brought strategic
investors (Groupe VYV, Malakoff Humanis, and Pro BTP) into the
capital of Cegedim Santé in May 2022 with the aim of
giving Cegedim Santé a key presence in all care pathways
in France.
The Visiodent group was founded in 1983
and in 2018 launched Veasy, the first 100% SaaS solution
for dental practices and health clinics at a time when those types
of organizations were rapidly expanding. In just a few years,
Veasy became the leading solution on the market. It is
used by the country’s largest nationwide networks of health clinics
(VYV, CNAM, Oxance, Dentégo, etc.) and thousands of dental surgeons
in private practice. Today, Veasy is the only SaaS
solution that can meet the needs of all dental, medical, and allied
health professionals working in a single facility.
Cegedim Santé’s acquisition of the
Visiodent group makes it a clear leader in France in this
segment: it now equips over 1,000 health clinics.
Its goal is to put all its weight behind
developing Veasy products for dental practices and health
clinics so they can handle new regulatory challenges, coordinate
care, and digitize patients’ course of care. Combining
Veasy with the company’s Maiia platform for
scheduling, teleconsultation, and care coordination will add
considerable value for healthcare professionals.
Benoît Garibal,
Cegedim Santé Managing Director, says, “We are thrilled to welcome
Visiodent’s teams to Cegedim Santé. We share a family-business
culture and are both firmly committed to delivering excellent
service to healthcare professionals. Coming together to build a
company with incredible growth potential will be an exciting
adventure, leveraging two well-established teams with widely
recognized expertise. We want to be the most respected player in
the space serving dental practices and health clinics in the
broadest sense. Our management solution will be suited to both
specialty practices and larger facilities, and will include
complete third-party payment functionality paired with the power of
the Maiia network, which now has nearly 5 million patient accounts.
And we’re just getting started!”
Morgan Ohnona,
Visiodent Chairman and CEO, added, “We are so happy to be part of
the Cegedim Santé project. We’ve been growing in leaps and bounds
since we launched our Veasy cloud-based solution, and by teaming up
with Cegedim Santé we’ll be able to ramp up considerably thanks to
their remarkable sales force in the field and network of local
branches around France. The two companies are complementary, and
the synergies the deal generates will create an unrivaled value
proposition for our clients. Of course, the ultimate goal is to
play a key role in modernizing and digitalizing our health
system.”
Visiodent generated revenue of around €10
million last year and will begin contributing to Cegedim Group’s
consolidation scope on March 1, 2024.
Cegedim is in compliance with all of the covenants of its financing
contracts.
Visiodent was advised on this deal by Lazard (Julien Lestrade,
Julien Fauconnier, Alice Boutant) and Moncey (Guillaume Giuliani,
Vianney Birot, Yann Fouquet-Michel, Frederic Bosc), and Cegedim
Group, by Rothschild & Co (Pierre Sader).
About Visiodent:
Visiodent is a leading publisher of management software for dental
practices and health clinics (6,000 dental surgeons and 500
clinics). The company launched its cloud-based Veasy solution in
2018 and has since expanded the product to serve multi-specialty
health clinics (doctors, physical therapists, nurses, and
dentists). Veasy’s clients include France’s biggest networks of
public, cooperative, and private health clinics.
To learn more, please visit: www.visiodent.com
About Cegedim Santé:
Cegedim Santé, a subsidiary of Cegedim, is a major player in the
digital health space offering an ecosystem of compatible solutions
that allow medical and allied health professionals to manage their
business, the daily running of their practice, and care
coordination.
The company strives to help them focus on caring for their
patients, improve access to care, and make the course of care as
smooth as possible. Cegedim is a one-stop solution for the 100,000
healthcare professionals who use its products: patient records
management, prescription assistance, billing and—thanks to its
Maiia suite of online services—online scheduling/planning,
teleconsultation/telehealth, and care coordination via secure
instant messaging. Certifications assure users that Cegedim Santé
solutions comply with all regulations and are eligible for any
available funding. All data hosting is done by cegedim.cloud, which
is ISO 27001 and HDS certified (French health data hosting).
Cegedim Santé’s 1,000 employees are present in every region, with
close ties to regional health organizations.
To learn more, please visit: www.cegedim-sante.com
And follow Cegedim Santé on X: @CegedimSanté, Facebook, YouTube,
and LinkedIn.
About Cegedim:
Founded in 1969, Cegedim is an innovative technology and services
group in the field of digital data flow management for healthcare
ecosystems and B2B, and a business software publisher for
healthcare and insurance professionals. Cegedim employs more than
6,500 people in more than 10 countries and generated revenue of
€616 million in 2023.
Cegedim SA is listed in Paris (EURONEXT: CGM).
To learn more, please visit: www.cegedim.fr
And follow Cegedim on X: @CegedimGroup, LinkedIn, and Facebook.
|
Aude Balleydier
Cegedim
Media Relations
and Communications Manager
Tel.: +33 (0)1 49 09 68 81
aude.balleydier@cegedim.fr |
Damien Buffet
Cegedim
Head of Financial Communication
Tel.: +33 (0)7 64 63 55 73
damien.buffet@cegedim.com |
Céline Pardo
Becoming
Media Relations Consultant
Tel.: +33 (0)6 52 08
13 66
cegedim@becoming-group.com |
|
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