Key points
- PME signs AUD $53M, 7-year contract with BayCare
- Visage to replace legacy PACS and workflow throughout the BayCare system
- Contract is for Visage 7 Viewer and Visage 7 Workflow
- Visage 7 platform 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 a A$53M, 7-year contract with BayCare, the leading healthcare system in the Tampa Bay and central Florida regions of the U.S. Based on a transactional licensing model, the contract will see the company's cloud-based Visage 7 Enterprise Imaging Platform ('Visage 7'), including Visage 7 Viewer and Visage 7 Workflow modules, implemented throughout BayCare, providing a unified diagnostic imaging platform. Planning for the rollout is to commence immediately and will be based on Visage's proven cloud-based implementation process, with go-live targeted for late Q3/Q4 of the 2025 calendar year. BayCare is a large and diverse healthcare system, with 16 hospitals, hundreds of other convenient locations, a provider group of over 800 employed physicians, and more than 32,000 team members. The contract continues PME's expansion into the North American Integrated Delivery Network (IDN) market, with Visage 7 now being used by 70% of all Visage 7 North American clients.
Outlook
The company's pipeline remains strong and spans all market segments.