Key Highlights

  • The three-year Southwest Medical Imaging contract is valued at US$144,000, or US$48,000 a year, for an enterprise licence covering unlimited studies.
  • Annual fees become payable once Ensight shows at least a 15% improvement in radiologist workflow efficiency in an initial validation.
  • Enlitic has secured seven recurring revenue contracts across the USA, Australia and New Zealand since March 2026.
  • Ensight contracts secured in CY2026 represent about US$830,000 in total contract value.

Enlitic, Inc. (ASX:ENL) has signed a three-year agreement with Southwest Medical Imaging (SMIL), an Arizona radiology provider, for its Ensight Hanging Protocols application. The contract carries a total subscription value of US$144,000 (about A$206,000) and is subject to successful validation. It is the fifth Ensight customer agreement in the US market this calendar year and adds to a base of contracted annualised recurring revenue.

Terms of the Southwest Medical Imaging Contract

The agreement runs for three years at US$48,000 annually and provides an enterprise licence for unlimited studies. After the initial term it renews automatically for successive one-year periods unless terminated under the agreement, including by SMIL giving notice. Conversion to Australian dollars uses a USD:AUD rate of 0.70.

An initial validation phase applies first. Annual subscription fees become payable once Ensight is confirmed to deliver at least a 15% improvement in radiologist workflow efficiency, measured from radiology reporting workflow data. The validation will assess workflow changes across five neuroradiologists using SMIL's outpatient imaging studies.

SMIL is a physician-owned and physician-led radiology practice established in 1980, operating 17 outpatient centres across the Phoenix metro area, including Scottsdale, Mesa, Gilbert, Peoria, Paradise Valley and Fountain Hills. It will use Ensight alongside its Intelerad PACS to standardise imaging data and improve the accuracy of automated Hanging Protocols, reducing how often radiologists must adjust image layouts manually.

Ensight Contracts Signed in 2026

The SMIL deal is the seventh recurring revenue contract Enlitic has secured across the USA, Australia and New Zealand since March 2026, and Ensight contracts signed in the calendar year represent about US$830,000 in total contract value. The company's customer table lists St Jude in Memphis on 25 March, Parkland Health in Texas on 1 April, RHCNZ Medical in New Zealand, whose Intelerad integration marked the first Ensight go-live, and Lumus Imaging in Australia on 1 July under a three-year subscription.

It also lists Radiology Imaging Associates Colorado on 11 August, with a three-year subscription of about US$50,000, and Radiology Consultants of Iowa on 27 August, with about US$40,000 of initial annual recurring revenue. Three-year subscriptions subject to successful validation were signed with Albany Medical Health System in New York and Memorial Healthcare System in Florida on 10 September and with SCP Radiology in South Africa on 30 September. Michigan Health-Sparrow, on 28 September, incorporates Ensight standardisation into a migration contract, as does Parkland Health, with the possibility of a later SaaS subscription.

Ensight v2.3 and the Expanding Product Set

Ensight v2.3 was released in October 2026 and lifts the platform's commercial applications from eight to 12, adding analytics, archive standardisation and workflow capabilities. Existing customers can adopt additional applications through separate subscriptions, which fits the land-and-expand approach Enlitic describes. The release also added integration with Sectra systems alongside Intelerad, allowing Ensight to operate inside more established medical imaging environments.

Chief Executive Michael Sistenich said the SMIL agreement and the seven contracts signed since March reflect growing adoption among radiology organisations, and that the expanded capabilities of v2.3 and a growing presence within the Intelerad customer base underpin recurring revenue growth. The company noted that revenue from the newer agreements depends on successful deployment and customer validation.

Where the Contract Leaves Enlitic

With the SMIL agreement, Enlitic has recorded Ensight contract value of about US$830,000 in calendar 2026, spread across customers in the United States, Australia, New Zealand and South Africa. The Arizona contract is worth US$48,000 a year over three years, with fees payable only after the validation threshold of a 15% workflow efficiency improvement is confirmed.