The MED Group Signs Preferred Supplier Agreement for Masimo SET(R) Pulse Oximetry Solutions
24 Setembro 2009 - 1:00PM
PR Newswire (US)
Home Medical Equipment GPO Expands Access to Masimo SET Pulse
Oximeters for Home Care Providers IRVINE, Calif., Sept. 24
/PRNewswire-FirstCall/ -- Masimo (NASDAQ:MASI), the inventor of
Pulse CO-Oximetry(TM) and Measure-Through Motion and Low-Perfusion
pulse oximetry, and The MED Group, a Group Purchasing Organization
(GPO) for home care providers, jointly announce a preferred
supplier agreement that will give MED Group members preferred
contract pricing on Masimo SET Pulse Oximeters and sensors.
Masimo's solutions are proven to help caregivers improve patient
safety, reduce costs, and increase efficiencies. The 'gold
standard' in pulse oximetry, Masimo SET is clinically-proven in
more than 100 independent and objective studies to deliver the most
accurate and reliable SpO2 and pulse rate measurements, even under
the most challenging clinical conditions of patient motion and low
peripheral perfusion In fact, research shows that the unmatched
sensitivity and specificity of Masimo SET is not only more accurate
in detecting true desaturation events--including brief dips in
oxygen saturation as well as larger ones, but it can also
"significantly reduce workload and improve reliability of
desaturation detection" over other pulse oximeters.(1) Wayne Grau,
Vice President Supplier Relations, The MED Group, stated, "Ensuring
the continued success of our members is a top priority. Two of the
best ways we accomplish this include providing access and preferred
pricing on the high-quality products that help them take better
care of their patients and reducing unnecessary costs in the home
care environment. Masimo SET pulse oximetry products do both, by
enabling home care clinicians to more accurately and reliably
monitor their patients without having to waste time and resources
sorting through false alarms." Masimo SET products immediately
available to MED Group members include the new Masimo Rad-8 pulse
oximeter and the full compliment of Masimo SET adhesive and
reusable sensors. The new Rad-8 offers a host of easy-to-use
special features that help caregivers more effectively and
efficiently capture, analyze, and report vital oxygen saturation,
pulse rate, and perfusion index information for improved patient
care in the home environment. Masimo Founder and CEO, Joe E. Kiani,
stated, "Masimo has proudly served the needs of the home care
market since the introduction of Masimo SET more than 10 years ago
and we look forward to expanding our service in this market as a
preferred pulse oximetry supplier to MED Group members. Our
partnership with The MED Group will make Masimo SET pulse oximetry
products available to their entire network of market-leading home
medical equipment customers and home care providers to help advance
the care and improve the safety of patients at home." (1) Robert
Brouillette, MD, Jacinthe Lavergne, RRT, Andra Leimanis, BSc,
Gillian Nixon, MB ChB, FRACP, Sylvia Ladan, RRT, Christine
McGregor, RRT. "Differences in Pulse Oximetry Technology can Affect
Detection of Sleep-Disordered Breathing in Children." Anesth Analg
2002; 94: S47-S53. About The MED Group The MED Group is a Group
Purchasing, Business Solutions and Referral Management Network that
serves its Home Care Customers (Members, Suppliers and Referral
Sources) through a unique model that delivers value for each. MED
Members are market-leading Home Medical Equipment (HME) Providers
that consistently deliver quality patient care through clinical and
business based best practices. Through MED smart purchasing
economic models, members make cost effective purchasing choices for
products available through MED Preferred Supplier agreements. MED
also helps Members improve efficiencies in education and training,
reimbursement, accreditation, certification, technology and other
operational areas - to help maintain their status as market
leaders. MED's Network includes 365+ market leading HME providers
that cover 1000+ locations. MED's national headquarters are located
in Texas. For more information about MED, visit:
http://new.medgroup.com/. About Masimo Masimo (NASDAQ:MASI)
develops innovative monitoring technologies that significantly
improve patient care--helping solve "unsolvable" problems. In 1995,
the company debuted Measure-Through Motion and Low-Perfusion pulse
oximetry, known as Masimo SET , which virtually eliminated false
alarms and increased pulse oximetry's ability to detect
life-threatening events. More than 100 independent and objective
studies demonstrate Masimo SET provides the most reliable SpO2 and
pulse rate measurements even under the most challenging clinical
conditions, including patient motion and low peripheral perfusion.
In 2005, Masimo introduced Masimo Rainbow SET Pulse
CO-Oximetry(TM), a breakthrough noninvasive blood constituent
monitoring platform that can measure many blood constituents that
previously required invasive procedures. Masimo Rainbow SET
continuously and noninvasively measures total hemoglobin
(SpHb(TM)), oxygen content (SpOC(TM)), carboxyhemoglobin (SpCO ),
methemoglobin (SpMet ), and PVI(TM), in addition to oxyhemoglobin
(SpO2), pulse rate (PR), and perfusion index (PI), allowing early
detection and treatment of potentially life-threatening conditions.
Founded in 1989, Masimo has the mission of "Improving Patient
Outcomes and Reducing Cost of Care by Taking Noninvasive Monitoring
to New Sites and Applications." Additional information about Masimo
and its products may be found at http://www.masimo.com/. Forward
Looking Statements This press release includes forward-looking
statements as defined in Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934, in
connection with the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on current
expectations about future events affecting us and are subject to
risks and uncertainties, all of which are difficult to predict and
many of which are beyond our control and could cause our actual
results to differ materially and adversely from those expressed in
our forward-looking statements as a result of various risk factors,
including, but not limited to: risks related to our assumptions
regarding the repeatability of clinical results, risks related to
our assumptions that a preferred supplier agreement with MED Group
will expand market access to Masimo SET pulse oximeters, risks
related to our belief that Masimo SET will deliver sufficient
sensitivity and specificity to deliver the most accurate and
reliable measurements under all conditions of patient motion and
low peripheral perfusion, and risks related to our assumption that
entering into a multi-year supplier agreement with MED Group will
serve to broaden the use of Masimo SET pulse oximetry or will serve
to provide substantially increased revenues for the company, as
well as other factors discussed in the "Risk Factors" section of
our most recent reports filed with the Securities and Exchange
Commission ("SEC"), which may be obtained for free at the SEC's
website at http://www.sec.gov/. Although we believe that the
expectations reflected in our forward-looking statements are
reasonable, we do not know whether our expectations will prove
correct. All forward-looking statements included in this press
release are expressly qualified in their entirety by the foregoing
cautionary statements. You are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of today's date. We do not undertake any obligation to update,
amend or clarify these forward-looking statements or the "Risk
Factors" contained in our most recent reports filed with the SEC,
whether as a result of new information, future events or otherwise,
except as may be required under the applicable securities laws.
Media Contacts: Dana Banks Masimo Corporation +1 (949) 297-7348
Masimo, SET, Signal Extraction Technology, Improving Outcomes and
Reducing Cost of Care by Taking Noninvasive Monitoring to New Sites
and Applications, Rainbow, SpHb, SpOC, SpCO, SpMet, PVI, Radical-7,
Rad-87, Rad-57,Rad-9, Rad-8, Rad-5,Pulse CO-Oximetry and Pulse
CO-Oximeter are trademarks or registered trademarks of Masimo
Corporation. DATASOURCE: Masimo CONTACT: Dana Banks of Masimo
Corporation, +1-949-297-7348 Web Site: http://www.masimo.com/
http://new.medgroup.com/
Copyright