As Orion Health celebrates 30 years in business, the company has announced it has achieved 12% year-on-year growth revenue across its financial year ending 31 March 2022. <\/p>\n\n\n\n
Orion Health, the global leader of population health software, grew revenue to $150 million in FY22, underpinned by a profit before short term incentives of $8 million. This is a continuation of Orion Health\u2019s new era of profitability, after delisting in 2019. <\/p>\n\n\n\n
Ian McCrae, Founder and CEO of Orion Health, says Orion\u2019s profitability speaks to the company\u2019s international prowess and commitment to being nimble and innovative at all levels.<\/p>\n\n\n\n
\u201cMore than 80% of revenue of our FY22 revenue came from offshore, with significant multi-year wins in Saudi Arabia and Canada.<\/p>\n\n\n\n
\u201cBased on customer feedback and the pitches we\u2019re being invited to; we are the clear leader in population health IT across the world. We have transformed our publicly-listed juggernaut into a business of start-ups, which has fuelled our profitability and delivered value to customers around the world.<\/p>\n\n\n\n
\u201cLooking at the financial year ahead we can already plot an upward trajectory and expect to achieve north of $170m revenue,\u201d says McCrae. <\/p>\n\n\n\n
After thirty years of leadership and following treatment for a brain tumour, Ian McCrae is adjusting his role to deliver the company\u2019s people plan and leadership transition as the last phase of his five-year rebuild strategy.<\/p>\n\n\n\n
\u201cPart of the five-year plan involves me getting Orion Health into a strong position for growth with a strong leadership team across all areas of the business and globe,\u201d says McCrae.<\/p>\n\n\n\n
Lucy Porter has joined Orion at a governance level and for special projects. She re-joins the company, after holding various roles within the organisation including business operations of Rhapsody, Orion Health Product Research & Development and UK Professional Services Project lead. <\/p>\n\n\n\n
As a Director in the business, Lucy rounds out the governance team of Orion Health, alongside Ian and Orion Health\u2019s chairman, Michael Falconer.<\/p>\n\n\n\n
Craig White and Grant Anthony have joined as Orion Health\u2019s Chief Data Officer and Chief Information Security Officer, respectively.<\/p>\n\n\n\n
Craig returned to Aotearoa for the role, after two decades offshore working in the healthcare industry, focusing on data and its application to complex healthcare problems.<\/p>\n\n\n\n
In contrast, this is Grant\u2019s first role in health, and he brings a wealth of experience from the finance and broader technology sector.<\/p>\n\n\n\n
Orion Health\u2019s leadership and people strategy extends to offering new benefits for all team members.<\/p>\n\n\n\n
\u201cOur new era of growth means we can invest further in our people. Travelling is in our DNA, so as a Kiwi company we want to make it possible for all of our team to travel in whatever way suits their life.<\/p>\n\n\n\n
\u201cWe toyed with implementing unlimited leave for the team, but we found evidence that people don\u2019t make the most of unlimited leave schemes. So instead we\u2019ve empowered our leaders across the business, to increase leave uptake across the business and then back this up with other initiatives to make travel possible,\u201d says McCrae. <\/p>\n\n\n\n
Orion Health is encouraging their employees to reconnect and explore the world with three new initiatives \u2013 LeavePlus, TravelFlex and Orion Health OE.<\/p>\n\n\n\n
Orion Health is allowing all managers to grant their team additional paid leave as they see fit with LeavePlus. <\/p>\n\n\n\n
With TravelFlex, all Orion Health employees can work from anywhere in the world for 30 days. This provides people with the opportunity to reconnect with their loved ones and continue working in some capacity.<\/p>\n\n\n\n
Orion Health OE enables team members to work indefinitely from any of Orion Health\u2019s offices in the UK, US, Canada, Australia and Middle East.<\/p>\n\n\n\n
\u201cAs a result of these programmes, the company has mostly avoided the \u2018great resignation\u2019 with low staff turnover of 16% and an average tenure of more than 5 years. We have also had a number of great ex-employees returning to the business.<\/p>\n\n\n\n
\u201cThirty years ago, Orion Health was an idea based on seeing health problems in New Zealand I knew technology could help solve. Now we\u2019ve amassed a track record of breakthrough innovation \u2013 from being the first New Zealand company to get the internet, right through to revolutionising healthcare for end users via our Digital Front Door technology \u2013 and we\u2019re backing this up with consistent profitability,\u201d says McCrae.<\/p>\n\n\n\n