Canadian firm snaps up healthcare tech company Orion Health for $200m

Canadian firm snaps up healthcare tech company Orion Health for $200m
Ian McCrae founded healthcare software company Orion Health. (Image: Supplied)
Staff reporters
Auckland-based health software company Orion Health has been sold in a $200 million deal to Canadian tech company Healwell AI. Orion said the Canadian digital health marketer would pay CA$165m (NZ$200m) for 100% of Orion’s shares with CA$86m paid in cash with a CA$20.5m three-year earnout and the balance in Healwell shares. Orion offers subscription patient record programmes and healthcare navigation products. Healwell chair Hamed Shahbazi said the acquisition of Orion Health was a game-changer.“Orion Health brin...

More Markets

NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025
Transpower cautious over hydro lake level rule changes
Markets

Transpower cautious over hydro lake level rule changes

Transpower can authorise hydro lakes to dip further.

Ian Llewellyn 23 Apr 2025
Why this tech firm sees a Trump tariff opportunity
Markets The small cap wrap

Why this tech firm sees a Trump tariff opportunity

Plus IkeGPS' wins in the US, Trade Window targets trade war, TruScreen, and more.

US stocks surge on hopes of China trade deal
Markets

US stocks surge on hopes of China trade deal

Asian indexes closed mixed, while oil prices firmed.

AFP 23 Apr 2025