masimo corp (MASI) Key Developments
Masimo Corporation Announces Board Changes
Apr 21 15
Masimo Corporation announced that Joe Kiani, Chief Executive Officer, Chairman of the Board and a Class III member of the Board, resigned as a Class III director at a meeting of the Board held on April 17, 2015. Immediately upon Mr. Kiani's resignation from the Board, the Board reappointed Mr. Kiani as Chairman of the Board and a Class II director, to serve until Masimo's 2015 Annual Meeting of Stockholders or until his successor is duly elected and qualified. Mr. Kiani's resignation and reappointment were effected solely to reclassify the Board in order to have three classes divided as evenly as possible.
Masimo Corporation, Board Meeting, Apr 17, 2015
Apr 21 15
Masimo Corporation, Board Meeting, Apr 17, 2015. Agenda: To consider resignation of Joe Kiani as a Class III director.
Masimo Corporation Unveils New Patient Monitoring Systems
Apr 17 15
Masimo Corporation has unveiled Patient SafetyNet Series 5000 along with Iris Connectivity and MyView through the Root patient monitoring and connectivity platform. This series of Patient SafetyNet offers a new level of interoperability designed to enhance clinician workflows, and reduce the cost of care, from operating rooms to medical-surgical units. Today's medical-surgical units utilize intermittent vital signs spot checks, standalone monitoring systems, and a host of disparate legacy devices, which become isolated stores of valuable patient data. Existing approaches for device interoperability typically require separate hardware, software, and/or network infrastructure, which can clutter the patient room, increase complexity, burden IT management, and increase costs. Masimo's Patient SafetyNet Series 5000 with Iris enables Root to intake data from all devices connected to the patient, acting as an in-room patient monitor and connectivity hub. Alarms and alerts for all devices are seamlessly forwarded to the patient's clinician and all device data are effortlessly documented in the patient's electronic medical record (EMR). The patient-centric user interface of Patient SafetyNet Series 5000 displays near real-time data from all devices, providing a single unified dashboard of patient information. Having such a holistic view can enable caregivers to more quickly assess patient status allowing for faster clinical decisions. To simplify documentation of patient data, Root enables clinicians to easily verify and send patient vitals, as well as all connected medical device information data to the EMR directly from Root. Data can also be sent to the EMR periodically. An interface between the Patient SafetyNet Series 5000 Appliance and the hospital ADT system allows clinicians to receive ADT information on Root for positive patient identification at the bedside. Clinicians can also manually enter additional data on the Root device, including temperature, blood pressure, level of consciousness, pain score, and urine output. MyView is a wireless, presence-detection system that enables clinicians to automatically display customized clinical profiles on Masimo devices, such as Root, Radical-7, and the Patient SafetyNet View Station. When a clinician approaches the device, a clinician-worn MyView badge signals the device to display a preselected set of parameters and waveforms tailored to the individual clinician's preferences. MyView allows clinicians the ability to consume medical device information in a manner that is most conducive to optimizing their workflow, while the presence mapping data collected by all the Masimo devices can provide information on how clinicians spend time with their patients. This allows nursing leadership and management the opportunity to examine analytical data on patient and clinician interactions to optimize workflows across the unit, hospital, or hospital system.
Penn Highlands Selects SedLine Brain Function Monitoring from Masimo Corporation
Apr 3 15
Penn Highlands DuBois has selected SedLine brain function monitoring through the Root patient monitoring and display platform from Masimo Corporation to monitor patients under anesthesia or sedation. Penn Highlands DuBois had been using Bispectral Index (BISTM) technology from Covidien. Root offers Masimo's SedLine brain function monitoring, which provides four channels of EEG to help clinicians better understand the effects of anesthesia on the brain. SedLine measures the effects of anesthesia and sedation by monitoring both sides of the brain's electrical activity. As such, SedLine provides a wealth of EEG-based data, which can help clinicians monitor anesthesia.
Masimo Announces New Clinical Study on Oxygen Reserve Index(TM) or ORI(TM)
Mar 30 15
Masimo announced that a new clinical study presented at the International Anesthesia Research Society's 2015 Annual Meeting showed that Masimo's latest noninvasive patient monitoring parameter, Oxygen Reserve Index(TM) or ORI(TM), could help clinicians in the early detection of an impending desaturation in patients receiving supplemental oxygen. Pulse oximetry (SpO2) provides noninvasive and continuous visibility to arterial blood oxygenation in hypoxia and normoxia (normal oxygenation). Clinicians often use arterial oxygen partial pressure (PaO2), which can be intermittent and delayed, to monitor levels of hyperoxia (higher than normal oxygenation). Between invasive sampling, changes in PaO2 can be difficult to assess, and therefore hypoxia or hyperoxia can occur unexpectedly. ORI, Masimo's 11th rainbow(r) parameter2, is a relative index of the partial pressure of oxygen in arterial blood (PaO2) in the range of 100 to 200 mmHg. ORI is intended to supplement, not replace, SpO2 monitoring and PaO2 measurements.