Innovative medical imaging solutions developer Mach7 Technologies Limited (ASX:M7T) has licensed its eUnity universal viewing solution to Advocate Aurora Health (AAH).
The license contract is valued at $4.3 million, which includes a software license fee, professional services, and an initial five-year support term. Of this value, Mach7 expects to recognize $1.5 million – $1.7 million in FY22, with the remainder being recognised evenly from FY23 – FY27.
The contract provides for volume expansion pricing and the ability for AAH to extend the initial term at agreed pricing. AAH currently utilizes the Mach7 Vendor Neutral Archive (VNA) for storage and image data management.
This agreement will extend Mach7’s product presence at AAH with the Mach7 eUnity Viewer, which will serve as a universal viewer for multiple departments across the AAH network.
CEO, Mike Lampron, said the eUnity viewer will also be deployed as a full diagnostic viewer and, in conjunction with Mach7’s Universal Worklist, will serve a back-up PACS solution for downtime occurrences, including planned maintenance and unplanned events.
I am delighted that AAH continues to expand its partnership with Mach7 to execute their enterprise imaging strategy,” Mr Lampron said.
“With the Mach7 VNA already installed, the eUnity viewing solution will give AAH the ability to access and view any image, anywhere, and serves as another great example of the additional value Mach7 can bring to our customers through the acquisition of Client Outlook.
“This contract is a great start to the new financial year and is a continuation of the strong sales momentum we saw in FY21.” About Advocate Aurora Health: Advocate Aurora Health is an integrated healthcare network headquartered in Milwaukee, Wisconsin.
“AAH is one of the 10 largest not-for-profit integrated health systems in the United States, encompassing 28 hospitals, 500 outpatient locations, and 68 Walgreen’s clinics across the states of Wisconsin and Illinois.
Mach7 Technologies (ASX:M7T) develops innovative data management solutions that create a clear and complete view of the patient to inform diagnosis, reduce care delivery delays and costs, and improve patient outcomes.
Mach7’s award-winning enterprise imaging platform provides a vendor neutral foundation for unstructured data consolidation and communication to power interoperability and enables healthcare enterprises to build their best-of-breed clinical ecosystems. Mach7’s sophisticated workflow tools, advanced