UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


Date  of  Report  (Date  of  earliest  event  reported)     October  28,  2005

                                 COMPUMED, INC.
             (Exact name of registrant as specified in its charter)

           DELAWARE                        000-14210             95-2860434
(State  or  other  jurisdiction          (Commission           (IRS  Employer
      of  incorporation)                 File  Number)      Identification  No.)


       5777  West  Century  Blvd.,  Suite  1285,  Los Angeles, CA       90045
                (Address of principal executive offices)             (Zip Code)


Registrant's  telephone  number,  including  area  code:  (310)  258-5000


------------------------------------------------------------------------------
          (Former name or former address, if changed since last report.)

Check  the  appropriate  box  below  if  the  Form  8-K  filing  is  intended to
simultaneously  satisfy  the  filing  obligation  of  the  registrant
under  any  of  the  following  provisions (see General Instruction A.2. below):

[   ]  Written  communications pursuant to Rule 425 under the Securities Act (17
CFR  230.425)

[   ]  Soliciting  material  pursuant  to Rule 14a-12 under the Exchange Act (17
CFR  240.14a-12)

[   ]  Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under the
Exchange  Act  (17  CFR  240.14d-2(b))

[   ]  Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under the
Exchange  Act  (17  CFR  240.13e-4(c))

ITEM  8.01  OTHER  EVENTS.

     On  October 28,  2005, we entered into a Common Stock Rights Agreement with
U.S.  Stock  Transfer Corporation, as Rights  Agent.  The  Common  Stock  Rights
Agreement is filed as Exhibit 4.1 to the Form 8-A filed November 2,  2005 and is
incorporated  herein  by  reference.


ITEM  9.01  FINANCIAL  STATEMENTS  AND  EXHIBITS.

EXHIBIT  NO.    DOCUMENT  DESCRIPTION
----------      --------------------
   4.1     Rights  Agreement  between  the  Company  and  U.S.  Stock  Transfer
Corporation,  dated  October 28,  2005 (included  as exhibit 4.1 to the Form 8-A
filed  November 2,  2005,  and  incorporated  herein  by  reference).


                                    SIGNATURE

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed
on  its  behalf  by  the  undersigned  hereunto  duly  authorized.



                                               CompuMed,  Inc.
                                                 (Registrant)
Date   November 2,  2005

                                        /s/  John  G. McLaughlin
                                                 (Signature)

                                        Print  Name:  John  G.  McLaughlin
                                               Title:  President  and  
                                                       Chief  Executive  Officer