Does anyone actually use rainbow sensors. On the investor calls, it sounds like they are mixing board and monitor sales with sensor revenue. Doesn't seem like anyone actually uses the sensors other than the reps at shows and presentations. Is the revenue overstated? Perhaps that golden thread deserved a pull.
Why else would they force Phillips to integrate the boards, so they can show what looks like customer demand for rainbow... Masimo sues Philips over medical monitors Masimo Corp. (NDSQ:MASI) filed a lawsuit accusing Philips Healthcare of infringing on patents for measuring blood oxygen levels with the IntelliVue line of noninvasive pulse oxymetry devices. This latest suit is part of a longer history between the two companies, including another Masimo lawsuit against Philips two years ago, Law360.com reported. The companies are also occasional partners. They announced last month that they had reached a long-term non-exclusive agreement to integrate Masimo’s rainbow SET technology into Philips Healthcare’s products.
Straight from the settlement agreement: 4 JOINT COMMUNICATION 4.1 The CEOs of Philips and Masimo will coordinate and participate in mutually agreed joint communication for patient safety and better outcomes. 4.2 Philips will make a one-time $[…***…] donation to the Masimo Foundation by December 31, 2016, to a bank account to be specified by Masimo. 4.3 The CEOs of Philips and Masimo will jointly participate in Key Opinion Leader events as mutually agreed by the Parties. https://www.sec.gov/Archives/edgar/data/937556/000093755616000407/masi-20161105xex101.htm
Perhaps someone is paying attention. https://finance.yahoo.com/news/were-hedge-funds-souring-masimo-131504186.html
https://www.cercacor.com/pages/about-us-team How many of these things can he weave together with PSM, Cercacor, MASI. Still can't believe how blatant the PSM is: https://patientsafetymovement.org/wp-content/uploads/2016/02/APSS-4_-Failure-to-Rescue_-Monitoring-for-Opioid-induced-Respiratory-Depression-081518-1.pdf Half of these actionable plans are little more than masi sell sheets...
It’s one of those magic Masi pretzel-puzzles. Don’t be a hero and think you can solve the thing or question whether it should be allowed or not. The only advice I can offer you is the same I’d have to offer anyone facing a problematic situation that’s been influenced by, or financially supported by Masimo or its founder & CEO Joe Kiani: Maintain a steady flow of outbound resumes at all times and watch your back like a paranoid schizo. With regard to the preservation of patient care, do as joe says, not what he does.
When it comes to conflicts of interest Masimo wrote the book on how to do it anyway and what to say in court to have all charges dropped.
Call me old school but... a judge who goes by a street name and can be reached only after COB by crypto phone is not the same thing as “court”
This guy is either brilliant or just fast as hell. https://www.masimo.com/COVID-19solutions/ Been keeping up with their quick reaction to COVID and stock price. This new remote monitoring looks like good timing. Does it work?
New Study in Newborns Finds Nellcor™ Pulse Oximetry Technology Provides Faster Stable Oxygen Saturation Readings Than Masimo Pulse Oximeter How will he respond to this?
Oddly enough, there will be no clinical investigation or assessment of any kind. Any response from the shah will be threatening and litigious in nature. And arrogant.
On the latest earnings call. They doubled down 10x that they had a 200 Basis point impact due to competitive conversions. HOWEVER, this past year has been the lightest ever with conversions he's named. Appalachain Regional, LifePoint and Univ of Utah. How on earth would those have that big of an impact on gross margin. Have they even converted yet......Something is off here. It seemed like the investment community sensed it this time. Almost every question was on this topic.
Sounds like more of Joe’s fairy land bullshit to me. That’s the problem with companies like Masimo, When the CEO has been found guilty of Fraud, Oppression & Malice, among other crimes against humanity & public safety, you just can’t believe anything they’d ever say on an earnings call. I wouldn’t trust that CEO any further than I could drop kick his filthy head.
