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Pro Medicus (ASX:PME) inks seven-year, $20M contract with Gundersen Health System

ASX 200, ASX News, Health Care
ASX:PME      MCAP $12.20B
16 May 2023 13:53 (AEST)

Source: Gunderson Health System

Pro Medicus (PME), through its subsidiary Visage Imaging, has signed a seven-year, $20 million contract with Gundersen Health System.

The contract will see Visage 7 deployed throughout Gundersen, offering a unified diagnostic imaging platform across the network.

Gundersen Health System, a not-for-profit integrated delivery network (IDN) comprises seven hospitals and 65 clinics across Wisconsin, Minnesota and Iowa in the United States.

Pro Medicus CEO Doctor Sam Hupert said the contract was a testament to its Visage 7 solution.

“IDNs are the largest market segment in North America and we continue to build strong momentum in this key sector with this, our fifth material IDN contract in the last 12 months,” he said.

“It reinforces our belief that our solution is equally well suited to IDNs of all sizes, making our total addressable market very significant.”

The company announced that planning for the rollout would commence immediately, with initial go-lives planned for the second half of CY2023.

Gundersen adds to a growing portfolio of clients using Visage 7, which has become increasingly popular in the North American healthcare IT market.

PME shares were down 0.20 per cent, trading at $60.08 at 1:28pm AEST.

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