Highlights

  • Pro Medicus (ASX:PME) secures three new US contracts worth a combined AUD 29 million.
  • Contracts diversify Pro Medicus' portfolio across healthcare sectors, strengthening market position.
  • Sales pipeline remains strong with upcoming opportunities at the RSNA conference.

Pro Medicus Ltd (ASX:PME) shares are up nearly 4% in midday trade, following the announcement of three significant contract wins in the United States. The total minimum value of these contracts is $29 million, adding to the company's growing presence in the healthcare imaging sector.

The latest deals include a five-year contract worth $6.5 million with Children’s of Alabama, a leading paediatric hospital in Birmingham, Alabama. Pro Medicus also secured a seven-year contract valued at $9.5 million with Roswell Park Comprehensive Cancer Center in Buffalo, New York, and a $13 million seven-year contract with Vancouver Clinic, located in Southwest Washington.

These contracts further expand Pro Medicus’ footprint in the US healthcare market. The company’s wholly owned subsidiary, Visage Imaging Inc, will fully deploy all three contracts in the cloud over the next six months.

Pro Medicus’ founder and CEO, Dr Sam Hupert, commented on the diversity of these new contracts. He stated, “They comprise a children's hospital, a cancer center, and a physician-owned and run regional healthcare provider. This diversity reinforces our belief that our product is ideally suited to virtually all segments of the market, from smaller groups all the way through to some of the largest IDNs and academic medical centers in the US.”

The company’s total contract value for sales in the first half of FY 2026 now stands at $273 million, reflecting the continued demand for its Visage Imaging solutions across various healthcare sectors.

Dr Hupert noted, “Despite very robust sales in the half, our pipeline remains strong with a broad range of opportunities both in terms of size and market segments. We also have the all-important RSNA conference in Chicago later this month which is shaping up to be our biggest yet.”