Evaluating only Patientio’s profile at its peak — without knowing the outcome — the model ranked Unit economics as the #1 likely cause. Documented cause: Regulation.
Key Events Timeline
FOUNDING
Founded in Berlin to digitize patient flow management and bed optimization in German regional hospitals.
FUNDING
Raised €8M Series A; signed first contracts with six Bavarian regional hospitals; began SAP IS-H integration.
Filed for insolvency at Berlin-Charlottenburg court; hospital contracts transferred to Dedalus Group at nominal value.
Full Analysis
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Documented cause
Patientio, a Berlin-based startup, built an end-to-end digital hospital management and patient flow optimization platform targeting mid-sized German Krankenhäuser. Despite raising €12M and signing contracts with six regional hospitals, the company collapsed under the weight of Germany's complex hospital procurement bureaucracy, slow IT adoption in public hospitals, and the technical complexity of integrating with legacy SAP IS-H hospital systems. The company filed for insolvency in Q2 2022.
Lesson
“Hospital IT sales in Germany require multi-year patience and deep regulatory expertise — not venture timelines.”