Carestream Health

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Carestream Health
Private
Industry Medical and dental imaging and information technology solutions; contract manufacturer/tollcoating; advance materials; and non-destructive testing (NDT) products
Founded 2007
Headquarters Rochester, New York, USA
Key people
Kevin Hobert, CEO
David Westgate, Esq., General Counsel and Corporate Secretary
Revenue Increase$2.4 Billion USD (2014)
Owner Onex Corporation
Number of employees
7,300
Website http://www.carestream.com/

Carestream Health, formerly Eastman Kodak Company's Health Group, is an independent subsidiary of Onex Corporation, Toronto, Ontario, Canada. Onex is one of Canada's largest corporations.

Headquarters in Rochester, New York

History[edit]

In 2007, Kodak Health Group was sold to Onex Corporation for $2.35 billion in cash, and up to $200 million in additional future payments if Onex achieved specified returns on the acquisition.[1][2] Around 8,100 employees transferred to Onex, and Kodak Health Group was renamed Carestream Health. Prior to the sale, Kodak Health Group had revenue of $2.54 billion for the 12 months to 30 September 2006.

On April 13, 2017, Carestream Health announced an agreement to sell its Dental Digital business to private equity firms Clayton, Dubilier & Rice and the Hillhouse Capital Management group, part of CareCapital Advisors Limited.

According to the announcement, the new independent company will be named Carestream Dental. Carestream Dental provides imaging systems and practice management software for general and specialist dental practices globally, has earned leading positions in attractive, high-growth, oral healthcare markets and is well positioned for continued growth and success. The dental X-ray film and anesthetics business are not included in the agreement and will remain with Carestream Health.[3]

Products[edit]

Products include: laser printers with dry film technology, DryView laser imaging film, computed radiography systems, digital radiography systems,[4] picture archiving and communications systems, systems for mammography and other imaging solutions for the medical and dental imaging fields. Carestream Health owns more than 800 patents for medical and dental imaging and information technology. Digital imaging technologies include the DRX1 series which allows a wireless connection between detector and computer system (whether part of their static system or a mobile/portable radiography system).[5][6]

Medical and Dental Products

Non-Medical Products

  • Contract manufacturer / Tollcoating offerings, including coating; pilot coating and development; hardcoating; PET manufacturing; TPU film manufacturing; solution preparation and delivery; analytical and quality testing; and converting and packaging.[12]
  • Advanced Materials, including Flexx [13] technology and research for the precision films and electronics markets.
  • Non Destructive Testing Products, including: Computed Radiography and X-ray film.[14]

References[edit]