Pro Medicus signs 7-year, A$25M contract with Valley Health
Key points
- PME signs 7-year, A$25M contract with Valley Health.
- Contract includes Visage 7 Viewer, Workflow, Open Archive, and Cardiology Imaging.
- Visage 7 platform to be implemented in the cloud.
- Transaction-based model with potential upside.
Full summary
Pro Medicus Limited [ASX: PME] announced that its U.S. subsidiary, Visage Imaging, Inc., has signed a 7-year, A$25M contract with Valley Health based in Winchester, Virginia. The contract includes the Visage 7 Viewer, Visage 7 Workflow, Visage 7 Open Archive, and Visage 7 Cardiology Imaging, to be implemented in the cloud. Valley Health, which includes six hospitals, will migrate its legacy PACS archive to Visage 7 Open Archive and integrate images into its EHR. The rollout is planned for Q1 2027.
Guidance
7-year, A$25M contract with Valley Health
Outlook
Growing interest in the 'Full Stack +1' solution and strong pipeline across all market segments.
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