Masimo CEO: Our healthcare investors don't know how to deal with the consumer side of the business
Joe Kiani, Masimo CEO, joins 'Closing Bell Overtime' to talk the proxy fight, its healthcare versus its consumer segment, ...
Chief Executive Officer & Director, Masimo
Search every verified Catherine Szyman interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Catherine Szyman, CEO and Director of Masimo, has been involved in discussions about the company’s strategic direction and product offerings. In September 2024, she addressed the challenge of integrating the company’s consumer health business with its healthcare-focused investor base, stating that “our healthcare investors don't know how to deal with the consumer side of our business” and that the company was exploring ways to separate the consumer health segment. She also highlighted the launch of a new hospital-grade pulse oximetry monitor for infants, priced around $200 to $300, which she described as a product that could “change everything” for parents monitoring their babies at home. Szyman has also advocated for greater interoperability of medical data. She argued that patients should decide how their medical records are accessed, stating that “privacy rules were there to protect patients not to potentially harm them” and that data sharing could save lives and reduce healthcare costs. She criticized electronic health records company Epic Systems for not sharing data, noting that “we used to be in the business of hoarding our data but what we realized is that patients were getting harmed because we were hoarding data.” She commended federal officials for pushing for data-sharing regulations, saying “it’s time to share the data.”
“Our health care investors don't know how to deal with the consumer side of our business, so the time, we decided there might be a way to separate the consumer health without giving up the dream of what we're hoping to accomplish for patients, people and our shareholders effectively.”
“We're offering the boot monitor for pulse oximetry drop for about $200, and with the camera, you're talking about $300. It should change everything. There has never been a hospital grade, let alone Masimo which we are the most reliable pulse oximeter on the planet, been available for parents at home.”
“I started Masimo to be an OEM company, meaning I didn't want to make our own end user products but wanted to be integrated in other people's products. But when I learned if you try OEM it's like taking a shower with your raincoat on—you don't get very wet. You have to be in there with your own direct products and work...”
“Privacy rules were there to protect patients not to potentially harm them. Patients should make the trade-off between what's more important: privacy or having their data available in a way that can hopefully save their lives.”
Joe Kiani, Masimo CEO, joins 'Closing Bell Overtime' to talk the proxy fight, its healthcare versus its consumer segment, ...
"It feels like everything we've done has been for this moment," Masimo CEO Joe Kiani said on "Mad Money." For access to live ...
Medical device manufacturer Masimo CEO Joe Kiani responds to medical records company Epic Systems' opposition to new ...
Medical device manufacturer Masimo CEO Joe Kiani responds to medical records company Epic Systems' opposition to new ...
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