Pro Medicus Secures $20M Cloud Imaging Deal with FMOLHS

Pro Medicus Strengthens U.S. Footprint with FMOLHS Renewal

Pro Medicus Limited, a leader in healthcare informatics, has announced a major contract renewal through its U.S. subsidiary, Visage Imaging, Inc. The five-year deal with Louisiana’s Franciscan Missionaries of Our Lady Health System (FMOLHS) is valued at a minimum of A$20 million. This renewal not only extends the use of Pro Medicus’s Visage 7 Viewer but also introduces a new contract for the Visage 7 Open Archive, both set to be implemented in the cloud.

Transitioning to Cloud – A Strategic Move

The contract marks a significant shift from FMOLHS’s current on-premise setup to a cloud-based deployment. This migration aligns with broader industry trends favoring scalable, flexible cloud solutions over traditional infrastructure. For Pro Medicus, this transition opens the door to recurring, transaction-based revenue streams, as the renewal includes an increased per transaction fee for the Visage 7 Viewer. The new Visage 7 Open Archive contract further expands the company’s footprint within FMOLHS’s imaging ecosystem.

Potential Upside and Market Implications

While the contract guarantees a minimum value, its transaction-based nature suggests potential upside as usage grows. Dr Sam Hupert, CEO of Pro Medicus, highlighted the opportunity to extend Visage 7 Open Archive sales to existing clients who currently only use the viewer. The company anticipates a gradual migration of these clients to cloud-based solutions, mirroring FMOLHS’s path. This could signal a broader market shift and a growing demand for cloud-enabled medical imaging platforms.

Global Reach and Innovation

Pro Medicus’s global presence, with offices in Melbourne, Berlin, and San Diego, positions it well to capitalize on evolving healthcare technology demands. The Visage 7 suite, known for its speed and clinical richness, supports both public and private cloud environments, making it a versatile solution for healthcare providers worldwide. This contract renewal underscores the company’s commitment to innovation and expanding its cloud-based offerings.

Looking Ahead

With rollout planning set to begin immediately, the successful migration and implementation of Visage 7 Open Archive at FMOLHS will be a key milestone. The deal not only secures steady revenue but also reinforces Pro Medicus’s strategic direction towards cloud adoption and transaction-based contracts, which could reshape its growth trajectory in the competitive healthcare informatics sector.