Smart Reporting

Founded 2014
Employees 80+
Primary contact
Gewürzmühlstraße 11
80538 Munich
Germany
+49 89 215 540 210
A spin-off from the Ludwig-Maximilians University in Munich, Smart Reporting offers a digital health solution for structured medical reporting that help physicians become more productive, improve quality and streamline communication. Voice-controlled and AI-supported, the technology can be used to produce fully evaluable and machine-readable results that, in radiology and pathology, are already reducing time to diagnosis — improving diagnostic quality, automating manual processes and easing communication with referring physicians, thereby helping to optimize patient care. In addition to its headquarters in Munich, Smart Reporting also has offices in Brazil and the UK.
Founded 2014
Employees 80+
Primary contact
Gewürzmühlstraße 11
80538 Munich
Germany
+49 89 215 540 210

Funding 💰

Total €37.7M
Last round 🔗 €15M
Debt
April 17, 2023.
Select investors Wessel Management, Yabeo Capital, European Investment Bank, Investitions- und Strukturbank Rheinland-Pfalz, Eurostars

Key people 🧑‍🤝‍🧑

Highlights

  • Solving the problem: Previously, doctors spent up to 40% of their working hours on documentation. Only 3% of the data collected in hospitals can be evaluated later for other purposes, for example for medical research. The Smart Reporting technology is already being integrated by major medical device manufacturers like Siemens. 🔗
  • It works: Smart Reporting enables physicians to be 2.3x faster in reporting while delivering 60% higher quality reports. Also, it delivers 98% satisfaction improvement for referring physicians.
  • Already in use: As of May 2023, Smart Reporting's multilingual, cloud-based structured reporting software for diagnostic medicine and clinical documentation is used by more than 12,000 physicians and over 30 clinics in over 90 countries.

Video ▶️

Awards & Recognitions 🏆

  • 2020 EuroMinnie: Best New Radiology Vendor 🔗
  • 2020 Deutsche Innovationspreis 2020 nominee 🔗

Quotes 💬

Smart Reporting develops effective solutions to accelerate standard procedures and diagnostics in doctors' offices and hospitals, integrating the latest medical information and guidelines. The technology has strategic importance for the digitalisation of healthcare, and makes the data collected usable for future diagnostics and medical research. We are pleased to be working with Smart Reporting to drive this medical innovation.
Ambroise Fayolle, EIB Vice-President
Last update: May 3, 2023