CareFusion has completed the sale of its OnSite Services instrument management and repair business to affiliates of Frazier Healthcare, a provider of growth equity and venture capital to high growth and emerging health care service, biopharma and medical device companies.
OnSite Services delivers education-based medical instrument repair and instrument management programs to hospital systems domestically.
The new company and its 240 employees will continue to deliver operating-room focused workflow improvement programs.
Under the terms of an agreement between CareFusion and OnSite Services, OnSite Services will remain the preferred repair organization for CareFusion V Mueller and Snowden-Pencer specialty surgical instruments.
CareFusion develops Alaris infusion pumps, Pyxis automated dispensing and patient identification systems, AirLife, AVEA and LTV series of ventilators and respiratory products, ChloraPrep skin prep products, MedMined services for data mining surveillance, V Mueller and Snowden-Pencer surgical instruments and NeuroCare diagnostic products.