Hospitals rely on efficient information systems to streamline workflows and improve patient care, yet many still use outdated IT infrastructure. Munich-based Avelios Medical aims to address this issue by developing a hospital information system (HIS) that integrates documentation, administration, and patient management. The company has now secured €30 million in Series A funding to expand its reach and enhance its platform. This funding round, led by Sequoia Capital with participation from Revent and HTGF – High-Tech Gründerfonds, highlights the growing demand for modern medical IT solutions.
In previous reports, SAP announced its plan to exit the HIS market by 2030, leaving many hospitals searching for new solutions. Studies have also pointed to inefficiencies caused by outdated systems, with medical professionals spending hours on administrative tasks. Avelios Medical has positioned itself as a contender to fill this gap by offering a modular system that allows hospitals to transition smoothly from legacy software. The company’s approach aligns with ongoing digitisation efforts across the healthcare industry.
How Does Avelios Medical’s System Work?
Avelios Medical has developed a hospital information system designed to support healthcare professionals by reducing administrative burdens and integrating data across various healthcare sectors. The system structures patient data throughout the treatment process, allowing for better decision-making and more efficient workflows. Artificial intelligence is incorporated to enable automated diagnostics and other medical innovations.
The company’s platform includes features for treatment documentation, administrative functions, and patient engagement, ensuring compliance with high data security standards. Hospitals can choose between storing data in European data centers or within their local infrastructure, providing flexibility based on their needs. The system’s modular microservice architecture allows for a gradual implementation or a complete overhaul, depending on the hospital’s requirements.
Which Hospitals Are Using Avelios Medical?
Several major hospitals in Germany have integrated Avelios Medical’s system into their operations. The private hospital chain Sana, which operates 56 facilities, is among the company’s users. Additionally, university hospitals such as Ludwig-Maximilians-University Munich and Hannover Medical School have implemented Avelios Medical’s hospital information system and patient portal.
The need for modernisation in hospital IT systems is evident, as studies indicate that preventable medication errors contribute to tens of thousands of deaths in Germany each year. Outdated systems often fail to provide well-structured and timely data, which can lead to inefficiencies in patient care. Avelios Medical’s solution aims to address these challenges by improving data accessibility and reducing administrative workload for healthcare professionals.
“Building a complete hospital information system, including documentation, admin, billing, patient portal and more, is not for the faint-hearted, yet this is precisely what Avelios has built.”
With this new funding, Avelios Medical plans to expand the adoption of its system across more hospitals. The investment from Sequoia Capital and other backers reflects confidence in the company’s ability to provide long-term, sustainable IT solutions for the healthcare industry.
“The digitisation of patient care requires long-term thinking and sustainable innovation. With Sequoia, we can deliver exactly that – a system built to stand the test of time.”
Hospitals are increasingly facing the challenge of modernising their systems to improve efficiency and patient outcomes. Given SAP’s impending exit from the HIS market, many healthcare facilities will need to adopt new solutions in the coming years. Avelios Medical’s approach, which allows for modular and gradual implementation, may appeal to hospitals looking for flexibility in transitioning away from outdated systems. The growing focus on digital transformation in healthcare suggests that such solutions will continue to gain traction, ultimately impacting how hospitals manage patient data and workflows.
