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Tag: Patient monitoring


Philips, Masimo settle lawsuits

November 8, 2016HME News Staff

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...

Lawsuit, Masimo, Patient monitoring, Philips, settlement

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Consumers want to monitor their health, survey finds

February 3, 2016HME News Staff

REDWOOD CITY, Calif. - More than eight out of 10 consumers believe that tracking their own health data with a clinically accurate monitoring device will help improve their overall health, according to a national survey of 1,000 respondents commissioned by The Society for Participatory Medicine and healthcare technology company Biotricity. Fifty-seven percent of consumers say they would wear monitoring devices for personal use and they would share the data those devices collect with healthcare professionals,...

Patient monitoring, technology, wearables

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