Post Modern Technology (PMT)

Directions of the company's activities

• hospital information systems
• laboratory information systems
• medical information systems
• software development

Performance indicators

According to forecasts, the revenue of PMT in 2011 will exceed 280 million rubles. and will grow by 30-50% annually over the next few years.

As of May 2011, more than 30 partners in the regions of Russia and Europe are implementing the Medialog system. In France, more than 500 private practitioners use the French version of Medialog. The client base in Russia is more than 300 medical institutions or more than 10 thousand automated jobs.

2010

About half of the revenue of PMT falls on commercial orders, the other half - on state. Among the users of the Medialog system are Gazprom polyclinics, the central clinic of Russian Railways, and the Medsi network of companies. No customer generates more than 10% of revenue. More than 40% of the revenue comes from renewing the company's software licenses.

History

• In 1994, a group of enthusiasts created the first version of the medical information system MEDIALOG. It was distributed in France and quickly gained success in the market of private practitioners and small clinics.

• In 1999, Post Modern Technology was founded, the tasks of which were the development, support and commercial promotion of MEDIALOG in the Russian Federation and the CIS countries.

The first clients in Russia were the MEDSIS clinic, the multidisciplinary CENTER clinic, the MEDILUKS medical center (Reso Garantia). During this time, Post Modern Technology became one of the leaders in the medical automation market, and the MEDIALOG information system has established itself as one of the most reliable and flexible solutions in the market.

• In 2004, the Medialog system became the leader in the market of commercial clinics and medical centers, it was used by more than 30 private medical institutions.

• In 2005, the company was selected as a supplier of an information system for automation of three Moscow polyclinics of OAO GAZPROM and was successfully implemented in these institutions, where it is used as part of a unified information network in 350 workplaces. Today, this is the largest implementation of the MEDIALOG system. Also, a number of large state and departmental polyclinics and hospitals became customers of the company, including the Central Polyclinic of Russian Railways, the medical sanitary station of the Ministry of Energy, NIIPK named after Meshalkin in Novosibirsk, municipal polyclinics of Khabarovsk.

• In 2006, the company made a strategic decision to develop joint solutions for the medical sector. Cooperation with domestic and western IT companies was initiated and intensified to promote integrated products (integration of MEDIALOG with contact centers, medical recorders, PACS systems).

2010

2011: Armada acquired a controlling stake in PMT

On May 30, 2011, it became known that OJSC Armada acquired a controlling stake in Post Modern Technology LLC (PMT), a software developer in the field of healthcare informatization. At the first stage of the transaction, Armada received 51% of the PMT. PMT shareholders, who are simultaneously top managers of the company, have the opportunity to sell the remaining package in shares during 2013-2017. The valuation of the value of the shares will be in the range from 6 to 10 P/E with payment of cash or Armada shares.

The general director of AITI Management Company Igor Kasimov believes that the cost of PMT could amount to about 100 million rubles. In his opinion, Russia is still multiple in the level of spending on health care and its informatization, but the latest state initiatives to modernize health care are designed to change the situation. "According to our estimates, as part of the new programs, budgets for healthcare informatization can average about 100 million rubles this year. In Moscow and St. Petersburg, costs will be significantly higher. Part of these funds, of course, will go to the introduction of medical information systems, which include Medialog, "said Mr. Kasimov. There are now such companies as KMIS, Aksimed, CIR, Avicenna, Samson Vista on this market, but none of the leaders owns more than 10-15% of the market share, he points out.

2020: Seventh place in the ranking of the largest medtech companies in Russia

In July 2021, Smart Ranking presented a rating of the largest medtech companies in Russia. The seventh place in 2020 was taken by Post Modern Technology. More details here.

Post Modern Technology took 1st place in the ranking of medical information systems developers in 2010, compiled by CNews [1]* magazine. The company receives revenue from the supply of software for its own development and the provision of services for its implementation and maintenance, there are no proceeds from the supply of hardware in the revenue structure of the PMT. The medical information system (MIS) MEDIALOG is used by more than 300 customers in Russia, and the total number of jobs automated by this solution exceeds 10,000.

Membership in organizations

The company is a member of the Russian Association for the Development of Medical Information Technologies (ARMIT), a certified partner of Microsoft, maintains relations with large IT corporations, including Cisco Systems, Philips, Agfa, Aquarius.