New South Korean venture established

Infinitt North America (Phillipsburg, New Jersey) reported that its business partner Infinitt Korea, a developer and marketer of health information technology solutions, has formed a partnership with Toshiba Medical Systems (Tokyo) to establish a joint venture company called TI Medical Systems (Toshiba-Infinnitt Medical Systems).

The joint venture agreement, signed by Toshiba CEO Dr. Kenichi Komatsu and Sun-Joo Lee, CEO of Infinnitt, gives TI Medical Systems exclusive distribution rights for Toshiba medical equipment throughout South Korea.

Charles Ju, former CEO of BarcoView Korea, has been appointed CEO of the new venture.

"This partnership with a global leader in medical technology is very meaningful to us in a strategic way," said Lee. "We expect this agreement to generate synergy effects through cooperation in global marketing activities."

Toshiba said its current and future customers in South Korea will benefit through better access to service and sales support from TI Medical Systems.

Perot Systems offers financing for tech projects

Perot Systems (Plano, Texas) reported the availability of financing options to healthcare clients for technology projects such as the implementation of electronic health records which are being expedited because of the American Recovery and Reinvestment Act of 2009.

These new financing options, available through Dell Financial Services, will cover hardware, software, and network infrastructure purchases, as well as certain IT services implementations. The new offerings include customized options for credit-qualified hospitals, physician groups and other healthcare organizations that are seeking stimulus funding, but elements of the plans are also available to other credit-qualified clients of Perot Systems assessing ARRA stimulus payments. The financing options include a mix of competitive interest rates and deferred payment terms.

"The stimulus plan can have a far-reaching, positive impact on the quality of healthcare in our nation, and these financing options will help some clients bridge the gap between current investment needs and meeting the requirements necessary to take full advantage of the funds that become available in 2011," said Chuck Lyles, president of Perot Systems' healthcare group.