Orion forges ahead in US

Company News


Orion Health Group Limited (ASX:OHE) has informed the market that one of the clients it was working towards securing in the US has placed its plans to proceed on hold for 12 months. 
 
The recently listed health software provider has secured a number of US ‘’payers’’ or health insurers.

Orion says it is in talks with numerous organisations for its services and the decision of one payer to halt proceedings will not impact on earnings or forecasts for the 2016 financial year. 
 
Orion also reports it is following up on other significant opportunities in major adjacent market areas such as pharmaceuticals and chronic care management. 
 
Orion Health reported a half yearly net loss of $59.65 million for the 2015 financial year. 

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