Tag: Masimo

IRVINE, Calif. - Masimo has filed a legal complaint in the U.S. District Court for the Central District of California claiming Apple infringes on 10 of its patents with its Apple Watch, according to news reports. The complaint charges Apple with stealing trade secrets by hiring key personnel from Masimo, including Michael O'Reilly, its former chief medical officer and executive vice president for medical affairs. Masimo claims the Apple Watch, including the Series 4 and 5 models, uses technology...

AMSTERDAM & IRVINE, Calif. - Masimo and Royal Philips have reinforced their partnership whereby Philips integrates additional Masimo measurement technologies into select IntelliVue MX-series multi-parameter monitors to help clinicians assess cerebral oximetry and ventilation status. “As a global leader in health technology, we are delighted to reinforce our partnership with Masimo, bringing their advanced measurements to our innovative IntelliVue patient monitors, thereby making them even more...

IRVINE, Calif. - Masimo has announced the full market release of its SafetyNet patient management solution designed to help clinicians care for patients remotely in hospital settings and non-traditional settings. The company has successfully piloted the technology at institutions like University Hospitals in Cleveland, and St. Luke's University Health Network in Pennsylvania and New Jersey. Masimo and University Hospitals will hold a webinar on April 15 to discuss SafetyNet and the hospital's experience...

IRVINE and CULVER CITY, Calif. - Masimo will acquire the Connected Care assets of NantHealth for $47.25 million in cash. The deal will further Masimo's goal to help hospitals improve the continuum of care through automation, connectivity and innovative noninvasive monitoring technologies. "One of the strategic priorities for Masimo is, through our Hospital Automation solutions, to reduce clinician cognitive overload and reduce errors of omission,” said Joe Kiani, founder, chairman and CEO of...

AMSTERDAM and IRVINE, Calif. - Royal Philips and Masimo have entered into a business partnership agreement that ends all pending lawsuits between the two companies.As part of the agreement, Philips is released from having to pay a $467 million jury verdict that was awarded to Masimo in October 2014. Instead, it will pay $300 million to Masimo in the fourth quarter, and will make certain marketing and product integration commitments over the coming years.“I am very satisfied that we have reached...

IRVINE, Calif. - The Masimo Foundation has co-founded the United for Oxygen Alliance as part of a Clinton Global Initiative. The alliance seeks to expand access to medical oxygen and pulse oximetry for women and children in Ethiopia, where 60,000 babies die in their first month and 30,000 children die of pneumonia due to lack of access to medical oxygen. “This cannot be overstated: regardless of where you live or where you were born, you deserve access to quality healthcare—including...

WASHINGTON - ICD-10 went into effect Oct. 1, but it will be several days, if not a month, before the impact of the new code system sets in.“It will take a couple of weeks before we have the full picture of ICD-10 implementation because very few health care providers file claims on the same day a medical service is given,” said Sean Cavanaugh, CMS deputy administrator and director, in a blog post. “Most providers batch their claims and submit them every few days.”Once submitted,...

Brightree's electronic health record solution for home health and hospice has been selected by Merida Health Care Group. Merida already uses Brightree's solution for HME…The American Orthotic & Prosthetic Association has announced the winners of its annual student poster awards: Tyler Klenow has received the Otto and Lucille Becker Award for his orthotic abstract, “A Functional Comparison of Carbon Fiber AFO and Two Modular KAFO Conditions Using Outcome Measures in a Veteran Subject with Traumatic...

NEW YORK - The Government Accountability Office (GAO) has denied Rotech's protest that the Department of Veterans Affairs (VA) unreasonably ignored recent, relevant information when it decided Rotech wasn't financially fit to win contracts to supply veterans with home oxygen equipment, Law360 reports. The VA contended that Rotech, which entered Chapter 11 bankruptcy protection in April, didn't qualify as a “responsible contractor,” according to the story. The VA's contracting officer...

IRVINE, Calif. - Masimo will release its financial results for the fourth quarter and full year 2013 on Feb. 13. Joe Kiani, chairman and CEO, and Mark de Raad, executive vice president and CFO, will host a 4:30 p.m. EST conference call, which will also be webcast on the company's site. Masimo makes noninvasive monitoring technology, including pulse oximetry monitors.