The ratings on Carestream Health Inc. reflect the firm's highly leveraged capital structure and business position, operating as a manufacturer of both traditional film and digital imaging products in the rapidly changing and challenging diagnostic imaging industry. Carestream manufactures and sells traditional film, digital x-ray imaging equipment, and healthcare information systems for medical and dental applications. Products include analog film, laser imagers, digital print films, computed and digital radiography systems, digital dental imaging systems, dental practice management software, advanced picture-archiving and communications systems, and healthcare information systems. Carestream is highly exposed to the transitioning diagnostic imaging industry. The pace of technological advancement, adoption of digital applications, and the reduced reliance on printed film have contributed to a decline in demand
