Diagnosing The Orion Health Buyout Deal

This Herald article <https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12133606> reports that healthcare software maker Orion Health is selling off its only profitable division in a bid to get more capital to plough into its remaining businesses. What I found of note was in the answer to the last question in that article, “What went wrong?”: ... the company had faced a perfect storm as many of its Obamacare customers in the US (home to half Orion's revenue) ran out of money and started to cancel orders just as the company needed to invest heavily to move its software to the cloud. It didn't help that the health software Orion bought from Microsoft (which powers its Hospitals solution) turned out to be in much worse shape than it thought ...
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Lawrence D'Oliveiro