Welcome to our dedicated page for Masimo news (Ticker: MASI), a resource for investors and traders seeking the latest updates and insights on Masimo stock.
Masimo Corporation reports developments across medical technology, patient monitoring and connected care. Company updates commonly center on Masimo SET pulse oximetry, noninvasive measurements, sensors, patient monitors, Masimo Hospital Automation and Masimo SafetyNet platforms, and telehealth or telemonitoring applications used in hospital and care settings.
Recurring MASI news also includes clinical evidence for monitoring performance, operating and financial results, non-GAAP financial materials, material agreements, shareholder voting matters, governance updates and capital-structure disclosures. The company’s public updates reflect its focus on healthcare monitoring technologies following the completed disposition of its consumer audio business.
Masimo (NASDAQ: MASI) will announce its third quarter 2021 financial results on October 26, 2021, after market close. The results will be discussed in a conference call scheduled for 1:30 p.m. PT (4:30 p.m. ET), featuring CEO Joe Kiani and CFO Micah Young. Masimo is a renowned medical technology company focused on noninvasive monitoring technologies aimed at improving patient outcomes and reducing costs. The company’s drive for innovation has made its technologies integral in leading hospitals globally.
Masimo's Patient SafetyNet™ is enhancing healthcare efficiency at University Hospitals in Cleveland by tackling nurse burnout and boosting workflows. Amid rising nursing turnover—with 80% of hospitals reporting increased rates—this innovative system significantly decreases the time between obtaining and documenting patient vital signs from over 60 minutes to less than 5 minutes, saving one FTE per shift. Clinical studies support the system's effectiveness in improving patient monitoring and outcomes, marking a pivotal step in addressing nursing shortages exacerbated by the COVID-19 pandemic.
Masimo (NASDAQ: MASI) announced a study published in the European Journal of Pediatrics, highlighting the effectiveness of its EMMA® Portable Capnograph for monitoring mechanically ventilated preterm infants. Conducted by Dr. Masashi Hotta and colleagues in Japan, the study involved 40 neonates and found that 80% in the EMMA group maintained appropriate carbon dioxide levels compared to 42% in a control group. The research emphasizes EMMA's potential in neonatal care, although it currently lacks FDA clearance for neonates.
Masimo (NASDAQ: MASI) announced that its Founder and CEO, Joe Kiani, has been appointed by President Biden to the President’s Council of Advisors on Science and Technology (PCAST). This council aims to provide the President with scientific advice on various pressing issues, including public health and climate change. The PCAST comprises 30 diverse members with extensive expertise in science and technology. Kiani expressed enthusiasm about collaborating with this distinguished group to enhance healthcare and innovation.
Masimo (NASDAQ: MASI) announced the CE marking and launch of its innovative rainbow® SuperSensor™ in Europe, designed for single-patient use. This advanced sensor can monitor 12 physiological parameters noninvasively, including SpO2, total hemoglobin, and respiration rate. The SuperSensor enhances continuous monitoring capabilities, allowing clinicians to assess patients' conditions more accurately. With proven effectiveness in improving patient outcomes, this technology aims to bolster patient safety and streamline care in critical settings.
Masimo (NASDAQ: MASI) will participate in the Morgan Stanley 19th Annual Global Healthcare Conference on September 9, 2021, at 4:15 p.m. ET. A live webcast will be available on the company's website, with a replay following the event. Masimo is a leader in medical technology, known for its innovative monitoring solutions including Masimo SET® pulse oximetry, which has been validated in over 100 studies. The technology aims to enhance patient outcomes and minimize healthcare costs, with significant usage across major hospitals.
Masimo (NASDAQ: MASI) announced a study revealing that the Oxygen Reserve Index (ORi) may provide early warnings for hypoxemia during endotracheal intubation (ETI) in ICU patients. Conducted by researchers at Centre Hospitalier Universitaire in France, the study showed a median of 81 seconds between ORi decrease and oxygen saturation drop, allowing for preventive actions. The study concluded that a higher ORi during preoxygenation is independently protective against hypoxemia. However, ORi lacks FDA clearance in the U.S.
Masimo (NASDAQ: MASI) has announced its commitment to raising awareness about opioid overdose risks on International Overdose Awareness Day (August 31). The initiative is in response to alarming statistics, with opioid-related deaths in England and Wales reaching their highest levels since 1993. The company is launching an educational website, www.OpioidSafety.org, to provide crucial information on the dangers of opioid use, even when prescribed. Collaborating with the Penington Institute, Masimo will fund research on opioid overdoses, with the first report expected in 2022.
Masimo (NASDAQ: MASI) has launched the Masimo SafetyNet Alert in Western Europe, an advanced blood oxygen monitoring system designed for home use, particularly for patients taking opioids. This system utilizes innovative Signal Extraction Technology to monitor blood oxygen saturation (SpO2) and pulse rate. It can alert users and emergency contacts in case of dangerous drops in oxygen levels, potentially preventing fatal overdoses. Masimo SafetyNet Alert aims to improve patient safety and reduce opioid-related deaths.
Masimo (NASDAQ: MASI) highlights the findings from a recent whitepaper by the Society for the Advancement of Patient Blood Management (SABM), advocating for continuous hemoglobin (Hgb) monitoring to enhance patient care in critical settings. The whitepaper cites more than a decade of research and emphasizes that real-time Hgb data aids clinicians in making timely decisions, ultimately improving outcomes, reducing blood transfusions, and decreasing costs. Continuous monitoring can lead to significant reductions in post-surgery mortality rates across multiple countries.