Pro Medicus Limited (ASX: PME) Secures $33M Contract with University of Kentucky
Contract Details
Pro Medicus Limited (ASX: PME) has signed a $33M, 9-year agreement with the University of Kentucky HealthCare. The deal will see Pro Medicus’ cloud-based Visage 7 platform replace UK HealthCare’s legacy PACS and vendor neutral archive systems.
This contract encompasses the full suite of Visage 7 products including the Visage 7 Viewer, Open Archive, and Workflow modules. The implementation will provide a unified diagnostic imaging platform across UK HealthCare facilities, enhancing their service delivery capabilities. The transition is set to commence immediately with a targeted go-live in Q2 of 2025.
Executive Comments
Dr Sam Hupert, CEO of Pro Medicus Limited, commented, “University of Kentucky joins our growing list of academic clients. They also join a long list of Visage 7 clients to opt for a fully cloud-based solution, which, as a result of our CloudPACS strategy, is becoming the standard in the North American healthcare IT market.” He added, “Our pipeline remains strong and spans all market segments. This deal is for our ‘full stack’ comprising all three Visage products namely viewer, workflow and archive, a trend we see continuing.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has recommended Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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