Pro Medicus signs A$23M contract with St. Luke's Health
Key points
- 7-year contract with St. Luke's Health System
- A$23M deal for Visage 7 Viewer and Workflow
- Visage 7 platform to be implemented in the cloud
- Go-live targeted for Q1 2027
Full summary
Pro Medicus Limited [ASX: PME], a leading health imaging company, announced that its U.S. subsidiary, Visage Imaging, Inc., has signed a 7-year, A$23M contract with St. Luke's Health System, Idaho's largest private employer and not-for-profit healthcare provider. The contract involves the implementation of Visage 7 Enterprise Imaging Platform, including Visage 7 Viewer and Visage 7 Workflow, across St. Luke's 10 medical centers. The Visage 7 platform will be implemented in the cloud, with go-live targeted for Q1 2027. The contract is based on a transactional licensing model with potential upside.
Outlook
The company's pipeline remains strong, spanning all market segments, providing the largest addressable market in the industry.
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