Two contract announcements today - SP currently over $310.
First contract: $20M 5-yr renewal with Franciscan Missionaries of Our Lady Health System.
Highlights - 5-year renewal with min. Value A$20M
- renewal is for Visage 7 Viewer and new contract for Visage 7 Open Archive
- Visage 7 Viewer and Open Archive to be implemented in the cloud
- renewal for Visage 7 Viewer negotiated at an increased per transaction fee
- transaction based contract with potential upside.
Second contract: PME signs A$170M 10-yr contract with Colorado-based UCHealth
Highlights - Visage to replace legacy PACS throughout the Colorado-based health care system
- Contract is for a unified enterprise imagine platform comprising Visage 7 Viewer, Visage 7 Workflow, Visage 7 Open Archive and Visage 7 Cardiology Imaging.
- Visage 7 platform to be implemented in the cloud
- Transaction-based model with potential upside
These guys just keep delivering. I know they've been touting the move into cardiology, but I can't recall any previous sale of the Cardiology Imaging. AND...these contracts are transaction-based as well. What can one say? Just remarkable management.