Pro Medicus (ASX:PME) signs contract with US healthcare provider

Company News

by Melissa Darmawan

The subsidiary of health imaging company Pro Medicus (ASX:PME), Visage Imaging, is set to sign with a not-for-profit US healthcare company called Intermountain Healthcare.

The seven year contract is for $40 million. Intermountain is the largest healthcare provider in Utah, Idaho and Nevada in the West US.

The transactional licensing model contract will provide Intermountain Healthcare with a fully cloud deployed environment on the Google Cloud Platform.

Rollout is planned for the third quarter of financial year 2021 with data migration starting immediately.

Shares in Pro Medicus (ASX:PME) are trading 11.27 per cent higher at $35.35.