Masimo and Temple Health form innovation collaboration with focus on hospital automation and telehealth initiatives
March 07, 2023
IRVINE, Calif. & PHILADELPHIA--(BUSINESS WIRE)--Masimo (NASDAQ: MASI), a leading global provider of medical technology and automation solutions, and Temple Health, Philadelphia’s 979-bed academic health system, announced today that they are entering into a strategic innovation collaboration. With an emphasis on advancing the forefront remote patient monitoring and telehealth, as well as automating high-quality care, the collaboration may include the use of such innovations as the Masimo W1™ advanced health tracking watch, the Radius VSM™ tetherless, multimodal patient monitor, and Masimo Hospital Automation™ solutions like UniView®, UniView :60™, Halo ION®, and Sepsis Index™ for Patient SafetyNet™. The collaboration is designed to further the organizations’ mutual goals of improving health, increasing care value, and transforming models of care delivery.
Joseph DiMartino, MSN, RN, Associate Vice President of Nursing at Temple University Hospital, said, “Temple Health is committed to driving medical advances through clinical innovation, pioneering research and world-class education. Our commitment aligns with Masimo’s vision for achieving tomorrow’s outcomes and helping institutions like ours improve and automate the ways we monitor physiological status across more care areas than ever before, as well as extend high-quality care beyond the hospital and into the home. We have collaborated with Masimo since 2008, starting with Masimo SET® pulse oximetry, which has then expanded into other technology avenues that really help streamline clinical workflows and put our patients’ safety at the forefront. We are particularly excited by Masimo’s innovations in telehealth, remote patient monitoring, and automation, and how they can help us support improved outcomes for our patients both within and after they have left the hospital. The future is bright with Masimo as a technology partner.”
Joe Kiani, Founder and CEO of Masimo, added, “We are delighted to expand our relationship with Temple Health through this innovation collaboration, and to work hand in hand to explore how Masimo’s monitoring, connectivity, and automation technologies, alongside Temple Health’s clinical expertise, can bring safe, easy-to-use, high-quality telehealth and remote patient monitoring services to their patients. We are committed to improving life, improving patient outcomes, and reducing the cost of care.”
Temple Health and Masimo plan to collaborate in a number of areas, including:
Demonstrating the future of healthcare, for the benefit of the broader healthcare ecosystem, through the deployment of next-generation technologies, therapies, devices, and systems designed to advance patient-centered care across the care continuum, and especially in the automation, remote patient monitoring, and telehealth space.
Raising awareness of the importance of health equity by leveraging their expertise and regional influence to positively impact access to quality care for all Philadelphia residents.
Participation in the Temple Health “Collaboratory,” where the latest Masimo technologies will be trialed and refined before broader deployment.
Joint investigation of best practices for minimizing technology obsolescence in healthcare, a key focus as automation and telehealth infrastructure become more and more sophisticated.
Clinical and technological exchanges between key leaders designed to advance the frontiers of healthcare.
Joint clinical research opportunities in in-patient, out-patient, and home-based settings, with cooperation and co-development on technological innovations.
In the U.S., Masimo W1 as a medical device and Masimo Radius VSM are pending FDA clearance. Sepsis Index is not FDA cleared.
About Masimo
Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. In addition, Masimo Consumer Audio is home to eight legendary audio brands, including Bowers & Wilkins, Denon, Marantz, and Polk Audio. Our mission is to improve life, improve patient outcomes, and reduce the cost of care. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.1 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,2 improve CCHD screening in newborns,3 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.4-7 Masimo SET® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,8 and is the primary pulse oximetry at 9 of the top 10 hospitals as ranked in the 2022-23 U.S. News and World Report Best Hospitals Honor Roll.9 In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7®, Radius PPG®, and Radius VSM™, portable devices like Rad-67®, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97®. Masimo hospital and home automation and connectivity solutions are centered around the Masimo Hospital Automation™ platform, and include Iris® Gateway, iSirona™, Patient SafetyNet, Replica®, Halo ION®, UniView®, UniView :60™, and Masimo SafetyNet®. Its growing portfolio of health and wellness solutions includes Radius Tº® and the Masimo W1™ watch.
ORi, RPVi, and Radius VSM have not received FDA 510(k) clearance and are not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.