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Medical Facilities completes sale of healthcare services company

Toronto-based Medical Facilities Corp. completed the sale of its 51% stake in privately held healthcare services company Integrated Medical Delivery LLC to N. Harris Computer Corp.

N. Harris is a wholly owned subsidiary of Constellation Software Inc. which provides software solutions to the public sector, schools, utility and healthcare agencies.

"Divesting IMD allows us to focus our efforts on growing our core business of partnering with physicians to own and operate high-quality healthcare facilities," Medical Facilities President and CEO Robert Horrar said in a statement.