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    Breaking News

    Private Investor Joins Masimo’s Board of Directors

    Company recruits former Welch Allyn president and CEO for the board.

    Private Investor Joins Masimo’s Board of Directors
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    Business Wire02.20.19
    Masimo, a global medical technology developer and manufacturer of noninvasive patient monitoring technologies, has appointed Julie A. Shimer, Ph.D., to its Board of Directors.
     
    Dr. Shimer is currently a private investor and has over 30 years of product development experience. Dr. Shimer was president and CEO of Welch Allyn from March 2007 to April 2012. Prior to Welch Allyn, Dr. Shimer served as president and CEO of Vocera Communications Inc. from September 2001 through February 2007, also serving on the board of directors. Dr. Shimer also previously held executive positions at 3Com Corporation from January 2000 through August 2001, most recently serving as vice president and general manager of its networking products. Before joining 3Com, she held executive positions at Motorola Inc. from 1993 through 1999, where she was vice president and general manager for the paging division, and prior to that post, vice president of its semiconductor products section. Dr. Shimer worked for AT&T Bell Laboratories and Bethlehem Steel Company before joining Motorola.

    “We are delighted to welcome Dr. Shimer to Masimo’s Board of Directors,” said Joe Kiani, founder, chairman, and CEO of Masimo. “With her many years of executive leadership and board experience in the medical and communications industries and beyond, as well as her technical expertise and engineering background, she will be an invaluable addition. And I’m particularly excited to have a fellow electrical engineer on our board.”
     
    Dr. Shimer is a board member of Netgear Inc., Apollo Endosurgery Inc., Windstream Holdings Corp., and Avanos Medical Inc. Dr. Shimer is also a member of the Society of Women Engineers and the Institute of Electrical and Electronics Engineers. Dr. Shimer earned a bachelor of science degree in physics from Rensselaer Polytechnic Institute and master’s and doctorate degrees in electrical engineering from Lehigh University.
     
    “I’m honored to join Masimo’s board,” said Dr. Shimer. “I’ve long admired Masimo’s commitment to advancing care through innovation and I look forward to contributing to its continued success.”
     
    Masimo is a global leader in noninvasive monitoring technologies. its mission is to improve patient outcomes and reduce the cost of care. In 1995, the company debuted Masimo SET Measure-through Motion and Low Perfusion pulse oximetry, which has been shown in multiple studies to significantly reduce false alarms and accurately monitor for true alarms. Masimo SET has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,1 improve CCHD screening in newborns,2 and, when used for continuous monitoring with Masimo Patient SafetyNet in post-surgical wards, reduce rapid response activations and costs.3-5 Masimo SET is estimated to be used on more than 100 million patients in hospitals and other healthcare settings around the world,6 and is the primary pulse oximetry at nine of the top 10 hospitals listed in the 2018-19 U.S. News and World Report Best Hospitals Honor Roll.7 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), and more recently, Oxygen Reserve Index (ORi), in addition to SpO2, pulse rate, and perfusion index (Pi). In 2014, Masimo introduced Root, an intuitive patient monitoring and connectivity platform with the Masimo Open Connect (MOC-9) interface, enabling other companies to augment Root with new features and measurement capabilities. Masimo is also taking an active leadership role in mHealth with products such as the Radius-7 wearable patient monitor, iSpO2 pulse oximeter for smartphones, and the MightySat fingertip pulse oximeter.

    ORi has not received FDA 510(k) clearance and is not available for sale in the United States.
    The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.

    References
    1 Taenzer AH et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.
    2 Taenzer A et al. Postoperative Monitoring - The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.
    3 McGrath SP et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
    4 Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
    5 de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
    6 Estimate: Masimo data on file.
    7 http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.
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    •  FDA Clears Masimo RD Sensors With Improved Accuracy Specifications for SET Pulse Oximetry

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      The RD SET sensors are designed to enhance patient comfort, optimize clinician workflows, and help hospitals meet green initiatives.
      Business Wire 12.11.18


    • Hill-Rom Announces Executive Appointments

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      Barbara Bodem to Succeed Steven J. Strobel as CFO; a new president and senior vice president also appointed.
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