OHE
30/03/2016 14:45
GENERAL
PRICE SENSITIVE
REL: 1445 HRS Orion Health Group Limited
GENERAL: OHE: Orion Health signs contract with major U.S. health insurer
30 March 2016
Orion Health signs contract with major U.S. health insurer
Auckland, New Zealand--Orion Health (OHE:NZX/ASX) has today announced it has
signed an agreement with a major U.S. healthcare insurer. The project will
commence in April and is expected to deliver the Orion Health Amadeus
precision medicine platform for its membership base.
Orion Health CEO Ian McCrae says the Amadeus platform will give the insurer's
provider partners access to longitudinal patient records that include
information from across all venues of care the member has been seen at. It
will be deployed via the SaaS (Software as a Service) model and will
incorporate the entire membership, which is over 3 million members.
"This is an extremely progressive health insurer that understands the need to
work closely with its provider partners to build a comprehensive,
longitudinal patient record that will improve the quality of care to its
members, as well as lower costs," Mr McCrae says.
"Hospitals and other healthcare providers that partner with the insurer will
have all the patient data they require at their fingertips to enable
superior, co-ordinated care for its members.
"Over time this information may include not only the medical record, but data
about an individual's genetic makeup, as well as lifestyle and environmental
factors. This information is increasingly viewed as important in enabling the
practice of highly targeted healthcare, otherwise known as precision
medicine."
Mr McCrae says the Orion Health Amadeus platform was chosen because of its
proven ability to capture and store comprehensive patient health information
- including clinical and claims data - and deliver it to healthcare
professionals in real time.
Orion Health Amadeus is an open platform, so it will allow accredited
third-party applications to leverage the rich data for new and existing
applications uniquely tailored for the insurer's membership base. These
applications will be designed to increase the member's engagement in
improving their own health outcomes.
The contract will further boost the number of patient health care records
managed by Orion Health software. Currently Orion Health's software manages
over 90 million patient health records worldwide.
ends
For more information:
For Investor Relations enquiries
Graeme Wilson
Chief Operating Officer
+64 21 101 3631
[email protected]
For media enquiries
Sarah Putt
Corporate Marketing Manager
+64 21 610 592
[email protected]
About Orion Health
Orion Health (NZX:OHE) is a technology company that provides solutions which
enable healthcare to over 90 million patients in more than 25 countries. Its
open technology platform seamlessly integrates all forms of relevant data to
enable population and personalised healthcare around the world. The company
employs over 1250 people globally and is committed to continual innovation,
investing over 30% of total operating revenue year to date in research and
development, to cement its position at the forefront of Precision Medicine.
For more information visit www.orionhealth.com
End CA:00280023 For:OHE Type:GENERAL Time:2016-03-30 14:45:05