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CareFusion Announces Sale of OnSite Services Instrument Management and Repair Business
Date:1/11/2011

ny they managed so successfully just a few years ago," said Nader Naini, general partner, Frazier Healthcare. "We look forward to supporting the OnSite Services employees as they continue to assist our customers to improve patient care while reducing costs."

Revenue from OnSite Services in fiscal year 2010 was approximately $50 million. OnSite Services includes national repair centers in Highland, Mich. and Sterling Heights, Mich., with a workforce of approximately 240 employees.

The acquisition is expected to close by April 2011, subject to customary conditions.

About CareFusion

CareFusion (NYSE: CFN) is a global corporation serving the health care industry with products and services that help hospitals measurably improve patient care. The company develops market-leading technologies including Alaris® IV 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 infection surveillance, V. Mueller® and Snowden-Pencer® surgical instruments and NeuroCare diagnostic products. CareFusion employs more than 15,000 people across its global operations. More information may be found at www.carefusion.com.

About Frazier Healthcare

Founded in 1991, Frazier Healthcare is a leading provider of growth equity and venture capital to high growth and emerging health care service, biopharma and medical device companies. With over $1.8 billion under management across seven funds, Frazier Healthcare has invested in over 100 companies across the entire developmental spectrum. From seed stage venture investments to leveraged recapitalizations of cash generating companies, Frazier Healthcare has established itself among entrepren
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SOURCE CareFusion
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