pdfPME Signs Large US Health Network – Acrobat pdf 110k

22 April 2014

Key Points:

  • Large US health network to use Pro Medicus’ Visage 7 enterprise imaging platform for primary diagnoses and distribution of medical images
  • Six-year deal, with base value to PME of $A20M
  • Transaction-based model with potential upside

Leading e-health company Pro Medicus Limited [ASX: PME] today announced the signing of a contract with a large US health network which will use Pro Medicus’ Visage 7 technology as a core component of its new enterprise imaging platform.

Under the agreement, Visage technology will be used for primary diagnosis by radiologists, as well as distribution of diagnostic images to the client’s extensive base of referring physicians via electronic medical records integration.

The contract, which is based on an operational (transaction) model, covers a six-year term with a base contract value of $A20M to Pro Medicus with potential for further upside as the use of the technology is expanded throughout the health system.

Dr Sam Hupert, Pro Medicus’ CEO, said the deal was the culmination of efforts by our global team spanning Australia, Europe and the USA. “We are extremely pleased that a health system as large and well regarded as this one has recognized the unique benefits of our technology and the value it delivers.”