Masimo, Philips extend patient monitoring partnership

Dive Brief:

Masimo and Philips renewed a multi-year strategic collaboration to integrate patient monitoring technologies and develop new tools, such as artificial intelligence algorithms, that could help improve patient care, the companies said Thursday.

Under the partnership, integration of Masimo’s SET pulse oximetry technology, which tracks oxygen saturation and pulse rate, into Philips’ multi-parameter patient monitors is expected to accelerate through 2026 and beyond, Masimo said .

The status of Masimo’s relationship with Philips became a topic of discussion on Masimo’s second-quarter earnings call in August, after an analyst pointed out that competitor Medtronic renewed its par