Physitrack lands major US health system

Physitrack said on September 7 that a large U.S. academic healthcare system chose it as the preferred supplier for digital rehabilitation technology after a competitive selection process. The company said the proposed commercial terms imply total contract value of about $390,000 over three years, subject to signing a software services agreement. About $260,000 would be committed across the first two years, with a break option after year two. Revenue would begin only after go-live, which Physitrack said is expected in late 2027. ### What, exactly, did Physitrack win? Physitrack said the selection covers its digital rehabilitation technology for a large U.S. academic healthcare system’s practitioners and patients. The company said the platform would support digitally guided home exercise programs, patient access to prescribed exercises and educational content, and capture of measurable outcomes for clinical decision-making. (accessnewswire.com) The customer has not been named. Physitrack described it only as a “large U.S. academic healthcare system” and said the parties are in the software services agreement review and contracting phase. ### Why does the contract matter if revenue starts later? The $390,000 figure is total contract value rather than immediate revenue. (accessnewswire.com) Physitrack said revenue recognition will start from go-live and then be phased across the contract term, beginning in the financial year ending December 31, 2027. Late 2027 matters because implementation will follow the customer’s clinical systems integration timetable. That means the deal is commercially meaningful now, but operational rollout still depends on contracting and integration work inside the health system. ### What would the platform do inside a health system? (accessnewswire.com) Physitrack said the software is meant to let clinicians deliver home exercise programs in a digital format rather than through paper handouts or fragmented follow-up. The company also said patients would get access to prescribed exercises and educational materials through the platform, while clinicians would receive measurable outcome data to inform treatment decisions. (accessnewswire.com) A March 30 agreement with a New York state-based academic medical center shows the kind of functions Physitrack has been selling into U.S. provider organizations. In that earlier deal, the company said its platform would help scale digital home exercise delivery, remote patient monitoring, telehealth and outcomes tracking across 190 clinician users. (accessnewswire.com) ### How does this fit Physitrack’s U.S. push? Henrik Molin, Physitrack’s chief executive and founder, called the new selection “an important reference win” in the company’s priority market and credited its New York sales team. He said the result reflected the company’s technology, clinical content and ability to work in complex healthcare environments. (accessnewswire.com) Physitrack’s July 21 interim report said the company had increased investment for targeted U.S. expansion. The same report said subscription revenue made up 96% of group revenue in the second quarter, underscoring the company’s recurring software model. ### What should readers watch next? (accessnewswire.com) The next concrete step is the software services agreement. Physitrack said the parties are already in review and contracting, and the deal remains subject to completion of that process. Late 2027 is the next operational milestone. (accessnewswire.com) Physitrack said go-live is expected then, in line with the customer’s clinical systems integration timetable, and revenue recognition would commence in the financial year ending December 31, 2027. (accessnewswire.com)