PME signs A$20M, 5-year contract with UI Health Care

Open PDF
Stock Pro Medicus Ltd (PME.ASX)
Release Time 8 May 2025, 9:24 a.m.
Price Sensitive Yes
 Pro Medicus signs A$20M, 5-year contract with UI Health Care
Key Points
  • PME signs A$20M, 5-year contract with University of Iowa Health Care
  • Visage 7 platform to replace legacy PACS throughout UI Health Care
  • Contract covers Full Stack (Viewer, Workflow, Open Archive)
Full Summary

Pro Medicus Limited, a leading healthcare informatics company, has announced that its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed a A$20M, 5-year contract with the University of Iowa Health Care ('UI Health Care'), Iowa's comprehensive academic health system. The contract will see the company's cloud-based Visage 7 Enterprise Imaging Platform, including Visage 7 Viewer, Visage 7 Workflow and Visage 7 Open Archive, implemented throughout UI Health Care, providing a unified diagnostic imaging platform. Visage will also complete the migration from UI Health Care's legacy PACS archive to Visage 7 Open Archive, and the Visage 7 platform will provide enterprise distribution of images integrated to UI Health Care's electronic health record (EHR). Planning for the rollout is to commence immediately and will be based on Visage's proven cloud-based implementation process, with go-live targeted for Q4 of the 2025 calendar year. UI Health Care's clinical enterprise spans three patient campuses, including Stead Family Children's Hospital, and comprises nearly 20,000 staff members, with more than 1,200 staff physicians and dentists, nearly 800 resident and fellow physicians, and over 5,300 nursing staff members.

Guidance

The contract with UI Health Care is valued at A$20M over 5 years.