Pro Medicus shares jump on new $40m US contract
Make us a preferred source
Make us a preferred source on Google
More news: Pro Medicus was the best performing company on the ASX 200 index at 12:30pm AEDT, after the health imaging company agreed a $40 million deal with US radiology services provider LucidHealth.
Pro Medicus shares were up 4.9% to $265.59, extending gains of more than 150% over the last 12 months.
Pro Medicus signs $40m contract with LucidHealth
The news: Health imaging company Pro Medicus has signed a new $40 million deal with US radiology services provider LucidHealth.
The numbers: Pro Medicus' wholly-owned US subsidiary Visage Imaging agreed a seven-year contract with LucidHealth, which operates a network of 140 care sites.
The context: The contract will see Pro Medicus' cloud-based Visage 7 enterprise imaging platform implemented throughout LucidHealth.
Planning for the rollout will begin immediately, the company said, with a phased go-live targeted to commence late in the third quarter and fourth quarter of the current calendar year.
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.
The source: ASX
