PME signs 5-year, A$44M deal Advanced Radiology Management

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Stock Pro Medicus Ltd (PME.ASX)
Release Time 17 Nov 2025, 9:36 a.m.
Price Sensitive Yes
 Pro Medicus signs A$44M, 5-year deal with Advanced Radiology Management
Key Points
  • 5-year, A$44M contract with Advanced Radiology Management
  • Visage 7 Viewer to be implemented in the cloud
  • Transaction-based model with potential upside
Full Summary

Pro Medicus Limited has announced that its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed a 5-year, A$44M contract with Advanced Radiology Management, LLC ('Advanced Radiology Management'), a leading private radiology reading group. The contract will see the company's cloud-based Visage 7 Enterprise Imaging Platform ('Visage 7'), including Visage 7 Viewer, implemented across Advanced Radiology Management, providing a single, unified enterprise imaging platform for diagnostic interpretation. The transaction-based model has potential upside. 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 late Q2 of the 2026 calendar year. Advanced Radiology Management is known for its quality, innovation, and collaboration, with a practice culture dedicated to exceptional patient care. The contract is a testament to the growing adoption of Pro Medicus' cloud-based Visage 7 platform in the North American healthcare IT market.

Outlook

Pro Medicus' pipeline remains strong and spans all market segments, including the private radiology market that continues to grow strongly for the company.