for personal use only - asxsep 07, 2015 · chief executive officer for personal use only edison...

ORION HEALTHOVERVIEW SEPTEMBER 2015

Ian McCraeChief Executive Officer

Edison Investor Day, 7 September 2015

For

per

sona

l use

onl

y

Important Notice

Secured funds through IPO to

execute our growth strategy

Significant strategic win in United States

insurer (payer) market with Cal

INDEX

2015 © Orion Health™ group of companies

Important Notice

This presentation is given on behalf of Orion Health Group Limited (“OHE”)

Information in this presentation:

- is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in OHE;

- should be read in conjunction with, and is subject to, OHE’s Annual Report, market releases, and information published on OHE’s website (www.orionhealth.com);

- includes forward-looking statements about OHE and the environment in which OHE operates, which are subject to uncertainties and contingencies outside of OHE’s control – OHE’s actual results or performance may differ materially from these statements;

- includes statements relating to past performance, which should not be regarded as a reliable indicator of future performance; and

- may contain information from third parties believed to be reliable, however, no representations or warranties are made as to the accuracy or completeness of such information

All currency amounts are in NZ dollars unless otherwise stated.

The use of n/m means not meaningful due to statistical insignificance.

OHE results are reported under NZ IFRS. This announcement includes non-GAAP financial measures which are not prepared in accordance with NZ IFRS.

- the information contained in this presentation should be read in conjunction with the financial statements and accompanying notes

- due to rounding, the numbers presented throughout this presentation may not add up precisely to the totals presented. Percentages may not precisely reflect the presented figures as these are based on unrounded numbers

Orion Health

Annual Results Presentation FY2015 02


Important Notice

This presentation is given on behalf of Orion Health Group Limited (“OHE”)

Information in this presentation:

- is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in OHE;

- should be read in conjunction with, and is subject to, OHE’s Annual Report, market releases, and information published on OHE’s website (www.orionhealth.com);

- includes forward-looking statements about OHE and the environment in which OHE operates, which are subject to uncertainties and contingencies outside of OHE’s control – OHE’s actual results or performance may differ materially from these statements;

- includes statements relating to past performance, which should not be regarded as a reliable indicator of future performance; and

- may contain information from third parties believed to be reliable, however, no representations or warranties are made as to the accuracy or completeness of such information

All currency amounts are in NZ dollars unless otherwise stated.

The use of n/m means not meaningful due to statistical insignificance.

OHE results are reported under NZ IFRS. This announcement includes non-GAAP financial measures which are not prepared in accordance with NZ IFRS.

- the information contained in this presentation should be read in conjunction with the financial statements and accompanying notes

- due to rounding, the numbers presented throughout this presentation may not add up precisely to the totals presented. Percentages may not precisely reflect the presented figures as these are based on unrounded numbers

Orion Health

Annual Results Presentation FY2015 02


Orion HealthOverview September 2015


For

per

sona

l use

onl

y

Orion Health at a Glance

Secured funds through IPO to

execute our growth strategy

Significant strategic win in United States

insurer (payer) market with Cal

INDEX

2015 © Orion Health™ group of companies2015 © Orion Health™ group of companies

Established for 24 years

27 offices in 15 countries

Over 1,250 employees worldwide

Over 450 customers in 25 countries

$164m FY2015 operating revenue

22% operating revenue CAGR over the last 10 years*

Winner 2014 NZ Hi-Tech Company of the Year

UK Technology Provider of the Year, HealthInvestor Awards 2015

Top rankings by Industry Analysts - Chilmark, Blackbook, IDC


For

per

sona

l use

onl

y

750+customers in 5 continents

55 PHMcommunities

worldwide

A Global Leader in Population Health Management

Orion HealthOrion HealthOverview September 2015

700 hospitalsuse Orion Healthto integrate their

systems

30+ largeprivate HIEs

and ACOsin the USA

60+ millionpatient records

For

per

sona

l use

onl

y

FY2015 Financial Highlights


Total OperatingRevenue

$164m7% increase

From FY2014

Increased R&Dcapacity by

27%from 363 people

To 461

Successfullycompleted

$125mInitial Public Offering of

Orion Health Shares

Significantincrease of

42%in annualised

RecurringRevenue

Net Cash*balances of

$95mas at

31 March 2015


*Includes cash, cash equivalents and term deposits

For

per

sona

l use

onl

y

Healthcare Today

• Siloed data systems• Doctors only have partial

access to information• Patients cannot access their

own health record

This leads to:• Poor healthcare outcomes• Duplication of resources• Medication errors• Wastage (30-40% of

healthcare costs + $2

Trillion Globally)

Doctor Patient

Decisions withlimited information

Not informedor involved

No Access

No Input

Labs, Radiology, Pharmacy,Hospital


For

per

sona

l use

onl

y

The Future of Healthcare

Doctor Patient

Device DataPatient Input

Notes

CompleteHealth Record

Labs, Radiology, Pharmacy,Hospital, Genomics, Device Data, etc

Thinking Software


• Integrated data held in a single repository

• Supports a longitudinalpatient record

• Doctors can see the full picture

• Patients can access and contribute to own health record

This leads to• Optimal precise healthcare

for each individual

For

per

sona

l use

onl

y

Orion Health: the DisruptorOrion HealthOverview September 2015

Our Goal

GlobalOpportunity

To revolutionise healthcare through use of technology, ultimately giving people longer, happier, healthier lives.

US $6 TrillionHealthcare

US $2 TrillionWaste

US $50 BillionHealthcare I.T.

For

per

sona

l use

onl

y


Our Goal

GlobalOpportunity

Drivers ofChange


Burgeoning costs (chronic conditions, wastage, aging)Internet will revolutionise HealthNew Technology (devices, mobile, etc)Genomics


US $2 TrillionWaste


For

per

sona

l use

onl

y


Our Goal

GlobalOpportunity

Drivers ofChange

Orion’sLeadership


Burgeoning costs (chronic conditions, wastage, aging)Internet will revolutionise HealthNew Technology (devices, mobile, etc)Genomics

Industry Analyst ratings – IDC, Chilmark, Black BookGreater number of big, regional sites than all other vendorsAward recognition – HealthInvestor UK, Hi-Tech NZ


US $2 TrillionWaste


For

per

sona

l use

onl

y

Market DriversOrion HealthOverview September 2015

AgingPopulation

ChronicIllness

IncreasingExpectations

New Medical Discoveries

GenomicsNew DevicesInternet 2.0Wastage

10,000 seniors cost Medicare $1 Billion

1 Chronic conditions account for93% of all Medicare spending 2

Dissatisfaction with healthcare has led to the birth of the healthcare

consumer

Keeping people alivefor longer

50% of spending in the U.SHealthcare system is wasted

Approx $1.2Trillion 3

Next level connectivity in theInternet of Things

Google X and Novartis areDeveloping a contact lens that

measures a diabetic’s bloodsugar level and sends a

report to a mobile device

First human genome took 13 years to map. Now it takes

half an hour 4

1Nation’s sickest seniors reshape healthcare, USA Today2 www.cms.gov3 “The Price of Excess”, PWC Healthcare Research Institute4 www.technologyreview.com

For

per

sona

l use

onl

y

Hospital Labs Radiology Consumer

Regional Electronic Health Record

Pharmacy GP

Connected HealthOrion HealthOverview September 2015

For

per

sona

l use

onl

y

Cal lNDEX South Island (SI-PICS) New Brunswick SingaporeSutter Northern Ireland Highmark OntarioGlasgow London North Dakota Alberta

South Island NZ ACT Canberra Bumrungrad BangkokKUH Instanbul Hunter New England VINMEC Vietnam

AustraliaMy Health Record

Hospital Labs Radiology Consumer

Orion Health

Pharmacy GP

Orion Health: The Health Data Platform of ChoiceOrion HealthOverview September 2015

For

per

sona

l use

onl

y

Key Customers – United States


Public Healthcare OrganizationsAlaska eHealth Network (AEHN), Anchorage AK Commonwealth of Massachusetts Executive officeof Health and Human Services, Boston MADC Department of Health, Washington DCDCHIE, Washington DC Idaho Health Data Exchange, Boise IDInland Empire HIE (IEHIE), Riverside CALouisiana Health Care Quality Forum(LaHIE), Baton Rouge LAMaine HealthInfoNet, (MHIN), Portland MENew Hampshire Health Information Organization (NHHIO), Concord NH New Mexico Health Information Collaborative (NMHIC), North Dakota HIE, Fargo NDNorth Texas Accountable Healthcare Partnership, Dallas TXOK State Department of Health, Oklahoma City OKHealthcare ProvidersCatholic Health Initiatives, Denver COCHIC, Duluth MN DC Department of Health, Washington DCDCHIE, Washington DC Greenville Health System, Greenville NCHuntsville Hospital, Huntsville ALKeyHie, Danville PA Lahey Clinic, Burlington MALehigh Valley Health Network (LVHN), Allentown PAMary Washington Healthcare, Fredericksburg VAAlbuquerque NM North Carolina HIE, Raleigh NCRush Health, Chicago ILScottsdale Health Partners, Scottsdale AZSt. Luke’s University health Network, PASt Vincents Medical Center, Jacksonville FLSt. Francis Care, Hartford CTSutter Health, CAVanderbilt Health Access Network, Nashville TNWestern Connecticut Health Network (WCHN), Danbury CT

Health Insurers/PayersCal INDEX (Blue Shield of CA and Anthem of CA), San Francisco CAHighmark, Pittsburgh PAPharmaceuticalWalgreens, Chicago IL


For

per

sona

l use

onl

y

Key Customers – Rest of the World


Canada Alberta health Services, ABNew Brunswick Department of Health, NBQuebec Department of Health, QCSaskatchewan Department of Health, SKThe Northwest Territories, NTMinistry of Health & Long Term Care, ONNewfoundland & Labrador Centre for Health Information, NL

UK, Ireland and EMEA Connecting Care (South West CSU)Connect Care (Lewisham & Greenwich NHS foundation trust) Heart of England NHS foundation trustNHS Greater Glasgow & Clyde health boardGolden Jubilee National HospitalNHS Lanarkshire health boardNIECR (Health & Social Care Northern Ireland)Children’s University Hospital, DublinWest Kent CCGAmerican Hospital and Koc University Hospital, Istanbul, Turkey Spanish Government, Disease Management Programme

Asia The Medical City, Manila, PhilippinesAsian Hospital, Manila, PhilippinesSingapore Ministry of Health, Singapore (public HIE) Bumrungrad International Hospital, Thailand (SH) Franco-Vietnamese Hospital, Vietnam (SH)

Australia NSW JusticeTasmania Department of Human ServicesNSW Health, Sydney, NSW (HIE)Hunter New England Local Health District, NSW (SH)Department of Health & Ageing PCEHR, Australia (HIE) ACT (HIE)

New Zealand All the District Health Boards of New Zealand 2015 © Orion Health™ group of companies

For

per

sona

l use

onl

y

Key CustomersOrion HealthOverview September 2015


For

per

sona

l use

onl

y

Who is Thinking Differently?

• Who are they?– 24 Hospital Health System in U.S. that has spent $1b+ on an HER from Epic, connecting five medical foundations

and 17 hospital campuses• What business problem are they trying to resolve?

– Need to better support care delivery to three million active patients in more than 100 northern Californian cities and towns

– They require a solution that integrates Sutter’s EHR with other providers’ systems to help caregivers improve quality, safety and efficiency for all patients travelling between providers

• How are they approaching a solution?– Using an enterprise health information exchange solution to broaden their efforts– Looking to create a community-based view of patients’ information that all members of a patient's care team,

including their family, can see• Why did they choose Orion Health?

– Reviewed many vendors and chose Orion as a reputable vendor that had established health information exchanges and been praised for having strong products and service

– Required an open solution that could take feeds from Epic and connect with other data feeds and scale – Orion Health has the modern architecture and open source distributed technology to deliver that

• What results are they hoping for?– Sutter would like to connect its HIE to three larger entities to reach critical massFor

per

sona

l use

onl

y

• Who are they?– Health Insurers Blue Shield of California and Anthem Blue Cross (normally competitors) agreed to work together to

share member data to support care• What business problem are they trying to resolve?

– Patients often traverse the care continuum. A single healthcare organization is frequently unable to maintain a comprehensive view of a patient’s care from the data they possess

– Increased focus on quality and lowering costs brought about by shift from Fee-for-Service to Value Based Outcomes

• How are they approaching a solution?– Envisioned creation of a public utility to serve all of California– Collection of and access to healthcare information from payers and healthcare providers– Established Cal INDEX with $80 million seed funding

• Why did they choose Orion Health?– Reviewed 30+ vendors and chose Orion Health as the only one with the capability to deliver a platform with the

scalability required to handle massive amounts of data, on cutting edge technology• What results are they hoping for?

– Currently 9 million members on the platform, set to grow as additional providers and health insurers join– Intend to serve population of California – 25+ million lives


For

per

sona

l use

onl

y


• Who are they?– Five District Health Boards in New Zealand who serve a population of one million people, responsible for 95% of all

healthcare delivered in the South Island• What business problem are they trying to resolve?

– Greater utilization of capacity and improved health outcomes for the patient• How are they approaching a solution?

– Creating an integrated healthcare delivery environment with the patient at the center across all care settings – Consolidating all healthcare delivery activities around the patient and best practice workflows for today’s world – One rich medical and administrative record for each consumer in a complex and multi-system environment

• Why did they choose Orion Health?– Already created a cross care setting electronic medical record for the region– Needed a partner who saw the opportunity to re-design and build a platform for the future

• What results are they hoping for?– A healthier population delivered within current funding – Reduction in number of patients admitted into acute facilities– Provision of fully integrated healthcare delivery from the primary care physician, to circles of care preventing or

managing chronic diseaseFor

per

sona

l use

onl

y

It’s a Land-Grab OpportunityOrion HealthOverview September 2015

Number of Patient Records

$ Charge per Patient

For

per

sona

l use

onl

y

Our Ambition

To transform healthcare and becomethe number one health IT vendor globally


For

per

sona

l use

onl

y

The Competitive LandscapeOrion HealthOverview September 2015

*Total Healthcare IT $50B USD Today $70B USD 2020

Major Competitors Cerner, Epic, McKesson(all $2B to $5B USD in revenues)

For

per

sona

l use

onl

y

Good cashposition

Currency is in our favour

FY2016 – How We are PositionedOrion HealthOverview September 2015

We are graining traction in our

markets

We have growing opportunities to

pursue

We have the strategy, vision

and productsto succeed

For

per

sona

l use

onl

y

for personal use only - asxsep 07, 2015 · chief executive officer for personal use only edison...

Documents