Media Release: Pro Medicus signs $14M – 7 year contract with leading U.S. academic medical center


Posted on April 24th, by Bourse Communications in News and Announcements. Comments Off on Media Release: Pro Medicus signs $14M – 7 year contract with leading U.S. academic medical center


HIGHLIGHTS

  • Pro Medicus signs 7-year deal with Duke Health
  • Duke ranked in the top 20 best hospitals in the U.S.
  • Visage 7 to be implemented across all of Duke’s radiology departments
  • Transaction-based model with potential upside
  • Adds to Pro Medicus’ growing footprint in the tier 1 U.S. academic hospital segment

Leading health imaging company, Pro Medicus Limited (ASX: PME) (“Pro Medicus”), today announced its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed a 7-year contract with Duke Health (“Duke”), the largest health system in the state of North Carolina and one of the most respected health providers in North America.

The contract, based on a transaction licensing model, will see Pro Medicus’ Visage 7 technology implemented across all of Duke’s radiology departments and integrated to Duke’s electronic health record (EHR).

The implementation will span three hospitals and dozens of additional locations across Duke Health, including their flagship 957-bed academic medical center, Duke University Hospital. Planning for the rollout is to commence in Q4 FY19 with the first sites scheduled to be implemented in Q1 FY20.

In commenting on the deal, Dr Sam Hupert, Pro Medicus CEO, said:

“This is another significant deal for us. Duke is a leading US academic institution and adds to the growing number of top-ranked North American health systems standardising on our technology. This not only helps consolidate our strong position in this highly competitive market, it enables us to leverage our development and commercialisation efforts across an increasing base of academic, research oriented clients which we feel provides us with a strategic advantage particularly in rapidly evolving fields such as artificial intelligence and machine learning.”

For further information:

Dr Sam Hupert, Chief Executive Officer
Pro Medicus Limited
T: +61 3 9429 8800

Media:

Richard Allen
Oxygen Financial Public Relations
T: +61 3 9915 6341

Rod North, Managing Director,
Bourse Communications Pty Ltd
T: +61 3 9510 8309, M: +61 408 670 706,
E: [email protected]

About Pro Medicus Limited
Pro Medicus Limited [ASX: PME] is a leading medical imaging IT provider. Founded in 1983, the company provides a full range of radiology IT software and services to hospitals, imaging centres and health care groups worldwide. In late January 2009, the company announced the purchase of
Visage Imaging, which has become a global provider of leading edge enterprise imaging solutions, pioneering the best-of-breed, or Deconstructed PACS® enterprise imaging strategy. Visage 7 technology delivers amazingly fast, multi-dimensional images streamed via an intelligent thin-client viewer. The company offers a leading suite of RIS, PACS and e-health solutions constituting one of the most comprehensive end-to-end offerings in radiology. Pro Medicus has global offices in Melbourne, Berlin and San Diego. www.promed.com.au





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