Industry news: BrainLab gets $7.3M Intel investment; Kodak launches Business Diagnostics Services

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Intel Capital, the chip maker’s venture capital organization, has purchased $7.3 million piece in BrainLab based in Germany, a developer of software and hardware components for medical solutions such as image-guided surgery and radiotherapy. This marks the first investment by Intel in the European healthcare market. The funding will be used towards production of additional software and hardware towards procedures such as image-guided surgery and radiotherapy. As a result of the investment, BrainLab also will put an emphasis on the development of mobile point-of-care technology for operating rooms. “This investment in BrainLab is our first healthcare investment in Europe, and it underscores our belief that technology innovation is vital to improving care and as a result lowering healthcare costs,” said Arvind Sodhani, president, Intel Capital. The companies plan to share their technological developments to bolster research and development in new medical devices and IT.

Eastman Kodak Company’s Health Group launched KODAK Business Diagnostics Services, a consulting service to aid healthcare facilities in delivering better productivity, revenue gains and reduced waste when implementing new digital imaging technologies, such as PACS. As part of this new service, Kodak engineers will collect performance and productivity data through analysis of a healthcare provider’s environment and compare these statistics to similar facilities within a proprietary national database of more than 200 healthcare institutions. The Kodak team will then use lean-methodology processes to make recommendations to help improve performance. Healthcare facilities can contract for this service as part of a digital conversion or after digital technologies have been installed. These services are offered independently and do not require the purchase of Kodak products and systems. Several healthcare facilities already have signed up for the consulting service, including Chelsea Community Hospital (Chelsea, Mich.), Erlanger Health System (Chattanooga, Tenn.), Panorama Orthopedics & Spine Center, (Golden, Colo.), and Park Ridge Hospital (Rochester, N.Y.).