Orion Health
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Orion Health is a New Zealand-based global software company that delivers and sells healthcare
software Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work. ...
. It provides the software for healthcare providers (
public healthcare Publicly funded healthcare is a form of health care financing designed to meet the cost of all or most healthcare needs from a publicly managed fund. Usually this is under some form of democratic accountability, the right of access to which are ...
and private healthcare organisations) from integration through to
population health Population health has been defined as "the health outcomes of a group of individuals, including the distribution of such outcomes within the group". It is an approach to health that aims to improve the health of an entire human population. It ha ...
management and
precision medicine Precision, precise or precisely may refer to: Science, and technology, and mathematics Mathematics and computing (general) * Accuracy and precision, measurement deviation from true value and its scatter * Significant figures, the number of digi ...
. It has more than 450 customers in 25 countries and over 600 staff globally.


Overview

The company is involved with the development of Integrated Health Records branded as Integrated Digital Care Records in the British
National Health Service The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom (UK). Since 1948, they have been funded out of general taxation. There are three systems which are referred to using the " ...
. and as Health Information Exchanges (HIEs) in the USA. Its Amadeus software has been praised for its integrative capacity, and the ability to analyse data in real time.


History

The company founder and former CEO is Ian McCrae. In 2022, Brad Porter was appointed as the current CEO. The company's head office is in Grafton,
Auckland Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about ...
, New Zealand. Orion Health was a privately owned company for over 20 years. Orion Health became a public organisation on 26 November 2014 when it listed on the NZX. It has not registered a profit since, and in April 2017 market analysts were suggesting that it was in serious trouble. The company said it was looking for a capital injection from new investors. In February 2018, Orion Health launched a cloud-based Rhapsody integration on Amazon Web Services (AWS). In March 2019 shares were compulsorily acquired by Ian McCrae for $1.224 per share, a large drop from their $5.70 IPO share price causing widespread losses to early investors. Orion Health was then de-listed from the Australian Stock Exchange and the New Zealand Stock Exchange, becoming again a privately held company. In 2016 Orion Health partnered with the
University of Auckland , mottoeng = By natural ability and hard work , established = 1883; years ago , endowment = NZD $293 million (31 December 2021) , budget = NZD $1.281 billion (31 December 2021) , chancellor = Cecilia Tarrant , vice_chancellor = Dawn F ...
and the
Waitemata District Health Board Waitemata or Waitematā may refer to: * Waitematā Harbour, the primary harbour of Auckland, New Zealand * Waitematā (local board area), a local government area in Auckland, New Zealand ** Waitematā Local Board, a local board of Auckland Council ...
to develop one of New Zealand's largest data science research initiatives called Precision Driven Health In 2017 the Precision Driven Health partnership received the Research and Business Partnership Award at the KiwiNet Research Commercialisation Awards. In 2019 Orion Health delivered the first Health Information Exchange (HIE) in the Middle East. The system allows health providers to view and store data for more than 50 million people. This is expected to be the "world's largest" HIE containing data from approximately 5,000 private and government healthcare providers.


Locations

Orion Health has been headquartered in
Auckland Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about ...
, New Zealand since its 1993 inception, with its current premises opened in 2010. In 2015 Orion Health chose the Scottsdale Airpark area for its North American operations centre.


References

Electronic health record software companies Companies based in Auckland Medical technology companies of New Zealand {{NewZealand-company-stub