Pro Medicus's Unit Signs AU$330 Million Contract with American Not-for-Profit Health System; Shares Rise 9%

MT Newswires Live
2024-11-28

Pro Medicus's (ASX:PME) US Unit, Visage Imaging, has signed a ten-year, AU$330 million contract with Michigan-based health care not-for-profit Trinity Health, according to a Thursday filing with the Australian bourse.

Under the contract, Visage Imaging will replace Trinity Health's picture archiving and communication system (PACS) with its cloud-based imaging platform, Visage 7, the filing said.

This will provide Trinity Health with a unified diagnostic platform.

Implementation of the platform is set to start immediately, with multi-phased go-lives expected to start in the early third quarter of fiscal 2025, the filing added.

The company's shares rose 9% in recent Thursday trade.

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