The NOVENTI group is a market leader with all of its products and services in the international healthcare industry with a focus on the German market.
Vision and mission of the NOVENTI Group
Our vision – redefine the healthcare industry
We organize healthcare. We set trends. Our expertise and strengths unite us. We focus on keeping people healthy in everything that we do. Our goal is to be at the front lines actively defining tomorrow’s healthcare market with our innovative products, services, and solution offers, and to reorganize the market for the well-being of our customers.
Our mission takes our vision a step further and explains how we will implement our vision:
- We will be a trendsetter in the healthcare market.
- We are not only an essential partner, but an integral part of the success stories of our customers.
- We use our knowledge and strengths to create added value.
- This includes new business models and innovative financial services.
- Our employees are the most important asset in this plan.
Values of the NOVENTI Group
The mutually developed mission statement of the NOVENTI Group determines our company culture. Our mission statement sets the values that we will use to maintain and achieve our vision as the market leader in the healthcare industry.
We think and act in a way that focuses on results and goals
We work to achieve results. These results are measured by our mutually agreed-upon goals. We make consistent efforts to achieve our corporate goals. We generate corporate profits to implement future investment projects to permanently strengthen our market position and competitiveness. We are all responsible for the success of the NOVENTI Group. Our daily work influences the results, and we help increase our customers’ trust in our competitiveness and secure our jobs.
We are committed to excellent quality and efficiency.
We are committed to our claim of market leadership and set standards and trends. We use innovations and experience from learning processes to continually improve our procedures, products, and services for the benefit of our customers, partners, and our entire surroundings. Each one of us makes a contribution to the efficiency of the entire NOVENTI Group by cost/benefit analysis. We recognize the core competencies of partners, effectively use them for our goals, and support our mutual advancement. The important standards in our clearly defined processes are ambitious, realistic goals for cost-effectiveness, quality, and customer satisfaction.
Our actions focus on our customers.
We work together with our customers to create added value for everyone involved and see our group as an expert, customer-oriented service business. We develop our products and services based on needs that exist today, future needs, as well as customer expectations and create optimum standards of security and quality. We offer innovative solutions for new demands to satisfy our customers as well as possible.
We challenge and develop our employees.
Our employees are our most important asset. They are highly committed, are able to perform their tasks well, and accept challenges. This is possible by the personal qualifications of our employees, targeted employee development, and motivation incentives. Our employees identify with the NOVENTI Group and actively work to achieve corporate goals. Recognition is an important part of our management style. Our managers think and live what they expect from others. They provide direction and manage employees’ freedom to act so that decisions can be made quickly. We develop personal initiative in our employees and promote cooperation and communication in the entire NOVENTI Group. We also recognize commitment and action in the form of performance-based pay as well as by an environment that boosts performance and modern working conditions.
We live mutual trust, respect, and courtesy.
Our collaboration is based on mutual trust as the result of insightful appreciative interaction with each other. We respect other views, welcome constructive criticism, and have open, honest dialog. We do not avoid conflicts, but solve them jointly in a constructive way with the aim of achieving our goals. We keep our agreements and are courteous in our actions towards coworkers, customers, and partners.
We enable diversity and inclusion.
All facets of diversity are important to us. We endeavor to have a work environment where everyone can contribute and achieve potential regardless of their gender, nationality, ethnic origin, and sexual or religious identity. Decisions and discussions are enhanced by promoting diversity, and our perspectives are broadened. We create a work environment where people can really immerse themselves in their work. We encourage awareness and liberal thinking and offer our employees the support and flexibility that they need to achieve personal success. Diversity is more to us than just giving consideration to differences. It is about actively including various educational backgrounds, specialty knowledge, personality types, ways of thinking, and life experiences. We actively promote an environment where everyone feels safe to freely express their opinion and to freely offer constructive criticism and suggestions. This is the only way that we can develop the best ideas and truly find innovative solutions.
One group. The entire health care market.
The NOVENTI Group is a unique player in the German and European healthcare market with its highly specialized individual companies with FSA Registered Association as the sole shareholder.
The success story
The story begins a half century ago in Munich in 1967 where the clearinghouse of the Bavarian Registered Association of Pharmacies (VBA) [Verrechnungsstelle der Bayerischen Apotheken e. V. (VBA)] was the first billing center in Germany to give the go-ahead for electronic prescription billing. Other pharmacists from Baden-Württemberg soon adopted this modern way of billing prescriptions, and it spread rapidly. In 1971, this expansion of the customer base was accommodated by renaming the company as the “VSA Registered Association of the Clearinghouse of Southern German Pharmacists” (VSA Verrechnungsstelle der Süddeutschen Apotheker e. V.). The Association continued to grow and eventually the “Registered Association” was changed to the more contemporary legal form of an “LLC.” In 1983, the clearing business was outsourced to VSA LLC. FSA Registered Association came from what was then VSA Registered Association and is the sole shareholder as in those days. In the 80s and even more so in the 90s, many new challenges came on the agenda because of increasing technological developments, many reforms, and adjustments to the healthcare system. VSA’s core business of prescription billing for pharmacies was expanded by other IT companies as an answer to a significantly changing market environment with increasingly complex tasks. At the end of the 90s, the service portfolio was expanded into the area of other service providers, and the foundation was laid for today’s market leadership in the area of product management systems for pharmacies when awinta LLC was founded in 2009.
Flexible structures for new challenges
The somewhat extreme changes in the healthcare market required a fundamental realignment of the corporate strategy. In 2006, the structural basis was made in the structure of the VSA Group Company to develop new business segments in a dynamic market using specialized companies. One of these new business segments was developed by taking a controlling interest in BoS&S LLC in 2014, which was a venture into the strongly growing area of care services. A large network of expertise has been built over many years by starting companies, by various forms of investment and cooperations, as well as by acquisitions. These specialists all operate in the healthcare market and as a result are able to quickly provide customized solutions for various market segments and target groups according to their needs.
An ideal corporate form for the future
Strongly advancing diversification as well as a growing number of individual companies demanded a higher-level structure with the ability to integrate. In March 2016, NOVENTI was launched, which was an entirely new type of holding company. NOVENTI is a future-oriented synergy platform with more than 20 subsidiaries and holding companies that serve the healthcare market in a highly efficient way and are closely networked with each other.
“NOVENTI as an umbrella brand and holding company is a necessary binding element for the individual subsidiaries and is primarily responsible for developing the overall strategy, handling political issues, and promoting cross-company synergies. The goal is to position the entire company and its individual companies as trend setters in their market segments.”
(Dr. Sven Jansen, Dr. Hermann Sommer, senior management)