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Opening up Asia November 2012

Opening up Asia November 2012. Orion Health at a Glance. Global, independently owned eHealth software company Founded in 1993 by Ian McCrae, CEO $100 million annual revenue 680 employees

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Opening up Asia November 2012

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  1. Opening up AsiaNovember 2012

  2. Orion Health at a Glance • Global, independently owned eHealth software company • Founded in 1993 by Ian McCrae, CEO • $100 million annual revenue • 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

  3. Aspiration & Belief • Aspiration: We believe that software, mathsand 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 technology • Facilitating the seamless exchange of patient information across the care continuum • Providing intuitive and easy to use tools for making better clinical care decisions • Fostering improved communication between providers and patients, and empowering patient involvement in healthcare

  4. 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

  5. Office Locations

  6. So why has Orion Health invested in this region….

  7. GDP Per capita <US$10,700>

  8. Growth Rates

  9. 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

  10. 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

  11. Because its there….. & It’s Big

  12. China – • 2nd largest economy in world. • Urbanisation – development on new hospitals • Major redevelopment of Health services • Adoption of International standards • U$24b EHR program

  13. Japan - • 3rd largest economy in the world • 2nd highest spender on Health ICT • Healthcare integration performed manually. • Starting to adopt International standards

  14. 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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