So long Orion Health, hello McCrae Tech

So long Orion Health, hello McCrae Tech
Ian McCrae said the decision to sell was made just over three years ago, when a diagnosis forced him to evaluate what was important to him. (Image: Supplied)
Ben Moore
The $200 million sale of Orion Health will serve to fund McCrae Tech, a spinout company that will develop and scale three new startups.Orion founder Ian McCrae negotiated the sale to include core Orion products while taking three newer products with him into his new company.McCrae, who holds 84% of the shares of Orion, said the decision to sell the “established business” side of the company was made just over three years ago when he was diagnosed with a brain tumour.“Three years ago, I was meant to be dead in 14 months –...

More Health

Radius Care shrugs off aged care ‘crisis’
Markets

Radius Care shrugs off aged care ‘crisis’

Listed retirement providers are reducing their exposure to aged care. 

Gregor Thompson 23 Jun 2025
Mainland Capital delivers $50m raise for Chch hospital expansion
Finance

Mainland Capital delivers $50m raise for Chch hospital expansion

The oversubscribed raise will help fund a new state-of-the-art private hospital facility.

Oliver Lewis 13 Jun 2025
Green Cross Health navigates tough year with $16m profit
Markets

Green Cross Health navigates tough year with $16m profit

The company is navigating a 'challenging healthcare landscape'.

John Anthony 29 May 2025
Health NZ seeks ‘partnerships’ with major health contractors
Policy

Health NZ seeks ‘partnerships’ with major health contractors

The agency is establishing a major projects panel to tackle $6.4b pipeline.

Oliver Lewis 27 May 2025