Pro Medicus signs $43M Virtua Health deal

• Pro Medicus signed a 7-year, $43 million contract with U.S. health system Virtua Health via its subsidiary Visage Imaging.
• Shares of Pro Medicus traded unchanged at $179.93 following the operational announcement.
• The deal deploys a transactional cloud platform across five hospitals to replace legacy imaging archives.

Pro Medicus (ASX:PME) announced that its subsidiary Visage Imaging signed a 7-year, $43 million contract with New Jersey-based Virtua Health.

The agreement covers the deployment of the cloud-based Visage 7 Enterprise Imaging Platform across Virtua Health’s medical network.

The transaction is structured under a transactional licensing model, with rollout planning commencing immediately and go-live targeted for late Q2 or early Q3 of calendar year 2027.

Following the announcement, the Pro Medicus share price was unchanged at $179.93.

Virtua Health is an academic health system in South Jersey with 15,000 colleagues, 3,000 affiliated clinicians, and 5 hospitals.

The cloud platform will replace Virtua Health's legacy system and integrate radiology imaging directly into its electronic health record system.