Orion Health

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Orion Health Group
Company type Private
IndustryHealth Software, SaaS, Cloud Software
Founded1993;32 years ago (1993)
FounderIan McCrae
Headquarters,
New Zealand
Key people
Ian McCrae
Founder and Former CEO
Brad Porter
Current CEO
Sean Church
Current Chief Financial Officer
Number of employees
600+
Website http://www.orionhealth.com

Orion Health is a New Zealand-based global software company that delivers and sells healthcare software. It provides the software for healthcare providers (public healthcare and private healthcare organisations) from integration through to population health management and precision medicine.

Contents

With over 450 customers in 25 countries [1] and 600 staff globally, its Amadeus software has been praised for its integrative capacity, and the ability to analyse data in real time. [2] [3]

Overview

Founded by Ian McCrae in 1993, Orion has its head office in Grafton, Auckland, New Zealand. [4] In 2022, after McCrae had held the position since its founding, [5] Brad Porter was appointed as the company's new CEO. [6] [7]

Orion is involved with the development of Integrated Health Records branded as Integrated Digital Care Records in the British National Health Service [8] and as Health Information Exchanges (HIEs) in the USA. [9]

History

The Orion Health headquarters in Auckland, New Zealand 20230121 105534 Orion Health.jpg
The Orion Health headquarters in Auckland, New Zealand

After being a privately owned company for over twenty years, the firm became a public organization on 26 November 2014 when it listed on the NZX. [10]

In 2016, it partnered with the University of Auckland and the Waitemata District Health Board to develop one of New Zealand's largest data science research initiatives called Precision Driven Health [11] The following year, the partnership received received the Research and Business Partnership Award at the KiwiNet Research Commercialisation Awards. [12]

In April 2017, as Orion had not posted a profit for three years and market analysts suggested it was in serious trouble, the company said it was looking for a capital injection from new investors. [13] In February 2018, Orion Health launched a cloud-based Rhapsody integration on Amazon Web Services (AWS). [14] [15]

In March 2019 shares were compulsorily acquired by McCrae for $1.224 per share, [16] a large drop from their $5.70 IPO share price causing widespread losses to early investors. Orion was then de-listed from the Australian Stock Exchange and the New Zealand Stock Exchange, becoming again a privately held company.

In the same year, the firm 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. [17]

In April 2025, Healwell AI completes the purchase of the company. [18]

Locations

Orion Health has been headquartered in Auckland, New Zealand since its 1993 inception, with its current premises opened in 2010. [19] In 2015 Orion Health chose the Scottsdale Airpark area for its North American operations centre. [20]

References

  1. "Orion's value tops $1 billion". New Zealand Herald. 27 November 2014. ISSN   1170-0777 . Retrieved 10 January 2017.
  2. "Orion Health's precision medicine platform comes to Saint Francis Healthcare Partners". Med City News. 12 April 2017. Retrieved 17 April 2017.
  3. "Orion Health - Reviews, Rating, Comments, & Trending Data".
  4. "Prime Minister opens Orion Health's Grafton HQ". Computerworld New Zealand. Retrieved 10 January 2017.
  5. "Mr Ian McCrae | Precision Medicine". www.terrapinn.com. 8 March 2017. Retrieved 9 March 2017.
  6. "Ian McCrae". Unfiltered. Retrieved 9 March 2017.
  7. TEDxAuckland. "Ian McCrae – TEDxAuckland". TEDxAuckland. Retrieved 9 March 2017.
  8. "Sheffield Teaching Hospitals NHS Foundation Trust selects HP to build online portal". Computing. 14 January 2015. Retrieved 16 January 2015.
  9. "All you need to know about the new £7m electronic record sharing system for patients in Dorset". Bournemouth Echo. 16 April 2017. Retrieved 17 April 2017.
  10. "Orion shares surge on NZX debut". The National Business Review. 26 November 2014. Retrieved 9 March 2017.
  11. "$38m precision driven health initiative officially kicks off". 5 October 2016.
  12. "2017 KiwiNet Research Commercialisation Awards Winners".
  13. "Orion Health shares slide following 'unsustainable' warning". Digital Health. 14 April 2017. Retrieved 17 April 2017.
  14. "Orion Health releases cloud-based Rhapsody Integration Engine with AWS" . Retrieved 5 June 2018.
  15. "Orion Health offers integration services on AWS". Computerworld New Zealand. Retrieved 5 June 2018.
  16. "Orion Health Share Buyback Offer". NZX. Retrieved 14 March 2021.
  17. "NZ-based Orion Health to build 'world's largest' HIE for Saudi Arabia". 24 March 2022.
  18. "HEALWELL AI completes acquisition of Orion Health, McCrae Tech launched to drive next-generation innovation". Orion Health. Retrieved 6 September 2025.
  19. "Prime Minister opens Orion Health's Grafton HQ". Computerworld New Zealand. Retrieved 6 March 2017.
  20. "Report: Record job numbers at Scottsdale Airpark". USA TODAY. Retrieved 28 February 2017.