Pro Medicus signs $24m deal with NYU Langone Health
The news: Medical imaging provider Pro Medicus has signed a $24 million deal with US medical centre NYU Langone Health, as part of its continued expansion into North American academic institutions.
The numbers: Pro Medicus' wholly-owned US subsidiary Visage Imaging agreed to the five-year contract with NYU Langone, which will see its Visage 7 Open Archive solution deployed in the cloud.
Its Visage 7 Viewer contract, signed in September 2020, has also been extended for a further year to 2029 as part of the deal.
The context: Pro Medicus said planning for the rollout will commence immediately and involve the migration of NYU Langone's current archive to the Visage 7 Open Archive.
Melbourne-based Pro Medicus — which provides medical imaging software and services to hospitals, imaging centres and healthcare groups — acquired Visage Imaging in 2009. The company's Visage 7 product suite is designed to offer an ultra-fast and scalable platform suitable for both public and private cloud environments.
What they said: "This is a significant deal for us as it confirms our belief that there is opportunity for us to sell our archive and worklist modules back to our 'viewer only' clients," Pro Medicus CEO Sam Hupert said.
"And, in time, we believe those customers with on premise solutions will join NYU and transition to cloud, a trend we see continuing."
The source: ASX announcement