Orion Health whittling down options raised in strategic review, sees first-half operating loss

Wed, 20 Sep 2017

By Paul McBeth Sept. 20 (BusinessDesk) - Orion Health is narrowing the number of options on the table as it works through a strategic review, which shook out potential investors in the business. The healthcare software developer raised $32 million through a rights issue earlier this year to put it on a healthier footing as it chases a return to profit in the current financial year after a challenging 2017 forced restructuring. In May, a strategic review to search for sources of additional capital, including minority investments in the co...

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