PME signs A$25M-7-Year Visage Open Archive Deal with BayCare

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Stock Pro Medicus Ltd (PME.ASX)
Release Time 1 Dec 2025, 8:29 a.m.
Price Sensitive Yes
 PME signs A$25M-7-Year Visage Open Archive Deal with BayCare
Key Points
  • PME signs AUD $25M, 7-year Visage 7 Open Archive contract with BayCare
  • Extends existing BayCare contract to 'Full Stack'
  • Visage 7 Open Archive to be implemented in the cloud
Full Summary

Pro Medicus Limited (PME) has announced that its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed an additional A$25M, 7-year contract with BayCare, the leading health care system in the Tampa Bay and central Florida regions of the U.S. The contract, based on a transaction-based licensing model, will add the company's cloud-based Visage 7 Open Archive to the existing Visage 7 Viewer and Visage 7 Workflow contract signed in February 2025. Planning for the rollout commences immediately and involves migrating BayCare's current archive to Visage 7 Open Archive in the cloud. This, in addition to the previously contracted Visage 7 Viewer and Visage 7 Workflow modules, will provide BayCare with a full stack solution that is targeted to go-live in Q1 of calendar year 2026. Pro Medicus CEO, Dr Sam Hupert, said, 'This deal confirms our belief that there is a material opportunity for us to sell Visage 7 Open Archive to new and existing customers such as BayCare. In doing so, we not only enable them to fully transition their on-premise infrastructure to cloud, we provide them with the most performant, scalable and cost-effective archive solution.'