Orion Health trajectory 'not sustainable' analyst warnsFAIRFAX NZ Orion Health founder and chief executive Ian McCrae is facing "hard decisions" an analyst has warned. READ MORE:* Orion Health shares plunge after company issues profit warning* Orion Health trims loss but sees shares sink* 'Fluctuations' inevitable for Orion Health"Given Orion Health's current cash burn rate it doesn't have the balance sheet to provide it with the time a restructuring would require," Galpin warned. "We believe new customers will be wary of signing with Orion Health for any significant contract commitment. If we were competing with Orion Health for contracts we would also point to this risk as a major concern," he said. Orion Health spokeswoman Sarah Putt said it had no comment on the research note.

Source: Stuff April 03, 2017 21:48 UTC