opening up asia november 2012. copyright © 2012 orion health™ group of companies | all rights...
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![Page 1: Opening up Asia November 2012. Copyright © 2012 Orion Health™ group of companies | All rights reserved | Page 2 Orion Health at a Glance Global, independently](https://reader035.vdocument.in/reader035/viewer/2022062421/56649ca55503460f94966852/html5/thumbnails/1.jpg)
Opening up AsiaNovember 2012
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Orion Health at a Glance
• Global, independently owned eHealth software companyo Founded in 1993 by Ian McCrae, CEOo $100 million annual revenueo 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
• Aspiration: We believe that software, maths and technology have huge unrealized potential to make people healthier, happier and live longer thereby changing our world
• Belief: Better health through achieving the full potential of design and technologyo Facilitating the seamless exchange of patient information across the care
continuumo Providing intuitive and easy to use tools for making better clinical care
decisionso Fostering improved communication between providers and patients, and
empowering patient involvement in healthcare
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Notables
• 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 <US$10,700>
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Growth Rates
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Because we were invited…….
• 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…..
• 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 –
• 2nd largest economy in world.• Urbanisation – development
on new hospitals• Major redevelopment of
Health services• Adoption of International
standards• U$24b EHR program
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Japan -
• 3rd largest economy in the world
• 2nd highest spender on Health ICT
• Healthcare integration performed manually.
• Starting to adopt International standards
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Challenges when you license I.P.
• 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