Onex acquired the Health Group of Eastman Kodak Company in a multi-billion-dollar transaction in May 2007.  Upon closing, the business began operating as a standalone company (i.e., Carestream Health, Inc.) that is an independent subsidiary of Onex Corporation of Toronto. Prior to becoming Carestream Health, the Kodak Health Group recorded 2006 revenues of more than $2.5 billion. Carestream Health has more than 8,100 employees, serving tens of thousands of customers in more than 150 countries. Carestream Health’s many success stories include:

• Having its products and services present in 90% of hospitals worldwide.   
• Owning more than 1,000 patents for medical and dental imaging and information technology.
• Selling nearly two out of every five computed radiography (CR) systems in the U.S. and Canada, and being the only company that designs, manufactures and sells both CR and DR (digital radiography) systems, which enable patient x-ray images to be captured digitally.
• Gaining share in the healthcare IT solutions market and building an installed base of more than 1,100 systems worldwide.
• Being the largest manufacturer of dental digital radiography systems in the world, and we are a world leader in dental practice management systems.
• Offering a portfolio of solutions that is among the best in the world. This portfolio includes Carestream radiology solutions and information management solutions (RIS-PACS, IMS); CR and DR; CAD (computer aided detection); molecular imaging systems; medical and dental film; laser imagers; services; mammography and oncology solutions; and a range of digital and traditional film-based dental imaging products and dental practice management solutions.
• Securing the #1 market position in all categories of film—digital output, radiology, mammography and dental.
• Having more than 20,000 KODAK DryView laser imagers in the market—worldwide.

Earning a number of major contracts and projects in the healthcare IT space including:

• A$100 million contract for RIS-PACS and for CARESTREAM Information Management Solutions with National Services Scotland (NSS). Carestream Health delivers both systems and software to NSS to facilitate efficient management of patient images and data, expansion of information sharing and improved workflow. Specifically, CARESTREAM PACS will be deployed to 39 hospitals across the country and will be connected to an additional 67 satellite centers with x-ray departments, ultimately managing an estimated 3.2 million exams annually.

• An agreement with BUPA to support BUPA’s 26 hospitals across the United Kingdom in transitioning to digital medical imaging and information management. Carestream Health is facilitating the generation and storage of patients’ radiology images, as well as the remote reporting of radiology exams within and between the BUPA hospitals.

• A huge regional e-health project in Finland (RATU), which is a landmark €2.7 million effort to create a single database for administration of medical imaging across healthcare centers. We will provide RIS-PACS, a web distribution system and IMS for the management of medical images and patient information by 69 centers and 8,000 registered users. The project will provide a vital step towards the development of a national Finnish central patient record archive.

Additionally, Carestream Health is playing a key role in China’s Million Women Breast Cancer Screening Project, launched in partnership with the China Ministry of Health and Chinese CDC, the American Cancer Society and the Chinese Anti-Cancer Association. This project is a large-scale mammography screening study designed to analyze trends in breast cancer and develop national breast cancer screening guidelines. Carestream Health sponsored training for more than 350 people (radiologists, ultrasonographers, technologists, surgeons and pathologists). The company also supplied equipment and materials for the project, which contributed to the screening of more than 200,000 women in 2006.