SNOMED International

SNOMED International is an international not-for-profit organization that determines global standards for terminology in the health care industry. Founded in 2007 and based in London, the organization owns and administers the rights to SNOMED CT and related terminology standards. The purpose of SNOMED International is to develop, maintain, and promote its terminology products to improve the health of humankind. The organization focuses on fostering the development and use of standardized clinical terminologies, such as SNOMED CT, to support the safe and effective exchange of clinical and health information. As an essential part of improving the health of humankind, SNOMED International seeks to enable the implementation of semantically accurate and interoperable health records. The organization provides support to its members and licensees on a global basis, allowing the pooling of resources to achieve shared benefits. Although specific information about recent investments and investors is not available, the organization's mission and focus on improving global health through standardized clinical terminologies may present opportunities for future investments and partnerships within the health care industry.