CareFusion, a global medical device company, announces that it has signed an agreement to sell its OnSite Services instrument management and repair business to Frazier Healthcare. Financial terms of the agreement were not disclosed. "The decision to sell OnSite Services is in line with our strategy to optimize our portfolio of businesses as we focus our operations to profitably grow for the long term," said David Schlotterbeck, chairman and CEO of CareFusion. "While OnSite Services is an important instrument management and repair service partner to our V. Mueller® business, our core strategy within that business line is to deliver innovative products that will satisfy needs in minimally invasive surgery." OnSite Services is an industry leader in surgical instrument repair and management services that provides repair specialists and service technicians who can perform preventive maintenance and instrument repairs at a hospital facility or in a national repair center.