PME signs A$30M, 7-year contract with Duly Health and Care
Stock | Pro Medicus Ltd (PME.ASX) |
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Release Time | 23 Dec 2024, 9:17 a.m. |
Price Sensitive | Yes |
PME signs A$30M, 7-year contract with Duly Health and Care
- PME signs AUD $30M, 7-year deal with Duly Health and Care (DHC)
- Visage to replace legacy PACS and vendor neutral archive throughout DHC
- Contract is for 'full stack' - Visage 7 Viewer, Visage 7 Open Archive and Visage 7 Workflow
Pro Medicus Limited (ASX: PME), a leading healthcare informatics company, has announced that its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed a A$30M, 7-year contract with Duly Health and Care (DHC), the largest independent, multi-specialty physician-directed medical group in the Midwest USA. The contract will see Visage 7, including Visage 7 Open Archive and Visage 7 Workflow modules, implemented throughout DHC's healthcare network, replacing their legacy PACS archive and vendor neutral archive. The cloud-engineered Visage 7 platform will provide a unified diagnostic imaging solution for DHC, which includes DuPage Medical Group, Quincy Medical Group, and The South Bend Clinic, supporting over 40 Radiologists, 1,000 physicians and 150 outpatient clinics. The implementation is scheduled to commence immediately and is targeted for go-live in Q2 of the 2025 calendar year, leveraging Visage's proven cloud-based deployment process.
The contract is valued at A$30M over 7 years and is based on a transactional licensing model.
The company notes that its pipeline remains strong and spans all market segments, including academic medical centers, IDNs and the private/teleradiology market, with the trend of clients opting for the 'full stack' Visage 7 solution continuing.