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Pro Medicus (ASX:PME) signs $40m deal with Novant Health

Health Care
ASX:PME      MCAP $11.81B
01 October 2021 12:45 (AEST)
Pro Medicus (ASX:PME) - CEO Dr Sam Hupert

Source: Pro Medicus

Pro Medicus (PME)’s wholly owned subsidiary has signed a $40 million contract with Novant Health.

Visage Imaging penned the seven-year contract which will see the company’s Visage 7 Enterprise Imaging Platform and Visage 7 Workflow module implemented throughout Novant Health, providing a unified diagnostic imaging platform across the network.  

Planning ahead of the rollout is set to start immediately, with launch dates targeted for the second half of the financial year.

Pro Medicus CEO Sam Hupert explained the implementation would be fully deployed on the Microsoft Azure cloud.

“Novant Health is our seventh major North American contract in less than 18 months and our equal largest deal to date, underpinning the strong momentum we continue to build in the market,” Dr Hupert said.

Novant Health also joins an increasing number of clients to opt for a fully cloud-based solution.

“Our pipeline remains strong. Deals like this confirm our view that Visage 7, with its proven cloud native technology and modular design, provides us with a significant strategic advantage that enables us to address opportunities across a growing segment of the market both in North America and other regions,” Dr Hupert said.

Pro Medicus was down 1.1 per cent, trading at $54.01 at 12:20 pm AEST.

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