20 January 2023; Company Announcement – UW Medicine – Acrobat pdf 115k

Highlights

  • PME signs 7-year, AUD $25M deal with Seattle-based UW Medicine
  • Visage to replace legacy PACS throughout the UW Medicine network
  • Contract includes Visage 7 Open Archive and Visage 7 Workflow in addition to Visage 7 Viewer
  • Visage 7 platform to be fully deployed in the cloud
  • Continues PME’s rapid expansion into North American Tier 1 academic institutions
  • Transaction-based model with potential upside

Leading health imaging company Pro Medicus Limited [ASX: PME] today announced its wholly- owned U.S. subsidiary, Visage Imaging, Inc., has signed a $25M, 7-year contract with the University of Washington’s UW Medicine, a Tier 1 academic health system based in Seattle, Washington.

UW Medicine has multiple campuses throughout the Seattle area and employs 29,000 healthcare professionals, researchers, and educators. It is also the home of the highly regarded University of Washington School of Medicine.

Based on a transactional licensing model, the contract will see the company’s cloud-engineered Visage 7 Enterprise Imaging Platform (‘Visage 7’), including Visage 7 Open Archive and Visage 7 Workflow modules, implemented throughout UW Medicine providing a unified diagnostic imaging platform across the network.

Planning for the rollout is to commence immediately and will be based on Visage’s proven cloud-based migration and implementation process, with initial go-lives targeted for the second half of the 2023 calendar year.

UW Medicine has opted for a fully cloud-based solution, a trend that has taken a major foothold in the North American healthcare IT market.

“UW Medicine joins our growing list of Tier 1 academic clients and will provide us with a strong presence in the Northwest region of the United States,” said Dr Sam Hupert, Pro Medicus CEO. “With its highly regarded University of Washington School of Medicine, it has the added benefit of exposing Visage to an ever-increasing number of the doctors of tomorrow.”

“Our pipeline remains strong and spans all market segments, and as has been the case with many of our recent sales, this deal is for our “full-stack” comprising all three Visage products namely viewer, workflow and archive, a trend we see continuing.”