Pro Medicus (ASX:PME) secures 10-year, $140m contract with Baylor Scott & White Health

• Pro Medicus (PME) inks a 10-year, $140 million contract with Baylor Scott & White Health (BSWH)
• The deal will introduce Pro Medicus’ cloud-based Visage 7 Enterprise Imaging Platform to BSWH, streamlining diagnostic imaging
• This agreement furthers Pro Medicus’ expansion into North American healthcare networks.
• PME is up 11 per cent and trading at $79.21 at 2:52 pm AEST

Pro Medicus (PME) has secured a 10-year, $140 million contract with one of the largest not-for-profit healthcare systems in the United States, Baylor Scott & White Health (BSWH).

This partnership aims to revolutionise the way BSWH handles diagnostic imaging.

Pro Medicus will implement its cloud-engineered Visage 7 Enterprise Imaging Platform, consisting of Visage 7 Viewer, Visage 7 Open Archive, and Visage 7 Workflow modules, replacing legacy PACS (Picture Archiving and Communication System) and vendor-neutral archive solutions across the entire BSWH enterprise.

The rollout of Visage 7 will commence immediately, with a phased approach targeting go-lives starting in Q1 of 2024.

“Baylor Scott & White Health joins our impressive list of integrated delivery network (IDN) and Tier 1 academic clients. The scale and scope of our initiative with Baylor Scott & White Health is noteworthy and will include nearly 500 Radiologists who will be exposed to the benefits of Visage 7,” PME CEO Sam Hupert said.

One notable aspect of this deal is the cloud-based implementation, which has become the industry standard in the North American healthcare IT market.

This reflects Pro Medicus’ commitment to providing a comprehensive solution encompassing viewer, workflow, and archive services, a trend that is expected to persist.

Pro Medicus has been up 11 per cent and trading at $79.21 at 2:52 pm AEST.