Pro Medicus subsidary, Visage Imaging, has signed a new US deal

Company News

by Rachael Jones

The US subsidiary of health imaging company Pro Medicus (ASX:PME), Visage Imaging, Inc., has signed a $15 million, 7 year contract with the US based Mercy health system.

The contract, based on a transaction licensing model, will see Pro Medicus’ Visage 7 Open Archive implemented across the Mercy healthcare enterprise, which is the fifth largest Catholic health system in the US, spanning 4 states.

The project will involve the migration of more than 25 million diagnostic imaging exams from the current Mercy archive to Visage 7 Open Archive making it one of the largest medical imaging archives in North America.

The project is scheduled to commence in late June 2018 and is to be completed in the third quarter of FY2019.

Shares in Pro Medicus (ASX:PME) up 6.64 per cent to $7.55.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.