Transcript Orion Health Opening up Asia | NoveMBer 2012
Opening up Asia
November 2012
Orion Health at a Glance
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Global, independently owned eHealth software company
o Founded in 1993 by Ian McCrae, CEO o $100 million annual revenue o 680 employees
Designs enterprise software solutions that provide highly usable experiences for clinical staff and other end users Products deliver integrated, secure and universal access to healthcare information that radically improves clinical workflows Enables world class healthcare outcomes
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Aspiration & Belief
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Aspiration: We believe that software, maths and technology have huge unrealized potential to make people healthier, happier and live longer thereby changing our world
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Belief: Better health through achieving the full potential of design and technology
o Facilitating the seamless exchange of patient information across the care continuum o Providing intuitive and easy to use tools for making better clinical care decisions o Fostering improved communication between providers and patients, and empowering patient involvement in healthcare Copyright © 2012 Orion Health™ group of companies | All rights reserved | Page 3
Notables
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Largest global EHR – HIE company 1,000+ sites, across 5 continents and 30+ countries, exchanging health information using Orion Health software Population of 35 million patient records accessible with Orion Health software deployed in 30+ EHR / HIE sites globally
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Office Locations
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So why has Orion Health invested in this region….
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GDP Per capita
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Growth Rates
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Because we were invited…….
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As a technology partner for the Singaporean NeHR Ease of doing business Strong relationships between two countries Similarities in population size and Healthcare challenges
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Because we bought it…..
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Strategic technology acquisition Clients in Thailand, Malaysia, Vietnam, Singapore & Philippines Small but stable annuity revenues Fit for purpose solution for these markets
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Because its there….. & It’s Big
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China –
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2 nd largest economy in world.
Urbanisation – development on new hospitals Major redevelopment of Health services Adoption of International standards U$24b EHR program
Japan -
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3 rd largest economy in the world 2 nd ICT highest spender on Health Healthcare integration performed manually. Starting to adopt International standards
Challenges when you license I.P.
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Not exporting a product.
Provision of services restrictive Visa’s / protection for local employment Barriers to foreign ownership of local entities Taxation agreements Repatriation of funds Corruption I.P. theft
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www.orionhealth.com