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Pro Medicus Secures $20M Contract with University of Iowa Health Care

Story Highlights
  • Pro Medicus signs a $20M contract to implement Visage 7 at University of Iowa Health Care.
  • The cloud-based imaging platform will replace legacy systems, enhancing diagnostic integration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Pro Medicus Limited ( (AU:PME) ) just unveiled an announcement.

Pro Medicus Limited has secured a AUD $20 million, 5-year contract with University of Iowa Health Care to implement its Visage 7 Enterprise Imaging Platform across the institution. This agreement will replace the legacy PACS system with a cloud-based solution, enhancing diagnostic imaging and integrating with electronic health records. The rollout is set to begin immediately, with completion targeted for Q4 2025, marking a significant step in Pro Medicus’s expansion in the healthcare IT sector.

More about Pro Medicus Limited

Pro Medicus Limited is a leading health imaging company that provides advanced imaging solutions through its wholly-owned U.S. subsidiary, Visage Imaging, Inc. The company focuses on offering cloud-based enterprise imaging platforms, including Visage 7 Viewer, Workflow, and Open Archive, which are becoming standard in the North American healthcare IT market.

Average Trading Volume: 306,602

Technical Sentiment Signal: Buy

Current Market Cap: A$25.18B

For a thorough assessment of PME stock, go to TipRanks’ Stock Analysis page.

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