PME.ASX: PME signs 7-year, A$16M contract with TidalHealth

PME signs 7-year, A$16M contract with TidalHealth

Stock	Pro Medicus Ltd (PME.ASX)
Release Time	1 Jun 2026, 8:23 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Pro Medicus Signs A$16M Contract with TidalHealth

Key Points

PME signs 7-year, A$16M contract with TidalHealth
Contract includes Visage 7 Viewer, Workflow, Open Archive, and Cardiology Imaging
Visage 7 platform to be implemented in the cloud
Go-live targeted for Q1 2027

Full Summary

Pro Medicus Limited [ASX: PME] announced that its U.S. subsidiary, Visage Imaging, Inc., has signed a 7-year, A$16M contract with TidalHealth. The contract includes the Visage 7 Viewer, Visage 7 Workflow, Visage 7 Open Archive, and Visage 7 Cardiology Imaging. The Visage 7 platform will be implemented in the cloud. The implementation process will commence immediately, with a targeted go-live in Q1 of the 2027 calendar year. This contract signifies the growing interest in Pro Medicus's 'Full Stack' solution and its fully cloud-based platform, which is becoming the standard in the North American healthcare IT market.

Guidance

7-year, A$16M contract with TidalHealth, go-live Q1 2027

Outlook

Pro Medicus expects continued growth and interest in its cloud-based imaging solutions, with a strong pipeline across all market segments.