Core Insights - Royal Philips and Masimo have renewed their multi-year strategic collaboration to enhance patient monitoring solutions, focusing on innovation and access to high-quality care [1][5] - The partnership aims to integrate Masimo's advanced monitoring technologies into Philips' platforms, improving data reliability and decision-making for clinicians [2][5] - Both companies are committed to developing next-generation monitoring solutions that address emerging clinical needs and market demands, including AI algorithms for better patient care [3][4] Group 1: Partnership Details - The collaboration will integrate Masimo's technologies, such as SET® pulse oximetry and Radius PPG, into Philips' multi-parameter monitoring systems [2][5] - This integration is designed to reduce complexity and enhance interoperability, providing clinicians with a unified system for patient monitoring [2][5] - The partnership reflects a shared commitment to innovation and improving patient care through clinically validated solutions [5][6] Group 2: Strategic Goals - The focus is on advancing smart, connected care and expanding access to innovative technologies that improve patient mobility and outcomes [3][4] - The collaboration aligns with Philips' broader strategy to enhance care delivery and operational efficiency while supporting vendor-neutral interoperability [5][7] - Both companies aim to empower clinicians with reliable, scalable solutions that respond to evolving clinical needs and market trends [4][5]
Philips and Masimo announce innovation partnership to advance access to patient monitoring measurement technologies