I started Masimo from my garage when I was 24, because I was convinced that we could solve the problems of low perfusion and motion with pulse oximetry.
The odds were stacked against us succeeding. Our market was crowded with giant competitors who would stop at nothing to crush us. We worked in a system that at times seemed resistant to the change we were trying to facilitate with our pulse oximetry technology.
We overcame those challenges and I’ve been lucky enough to enjoy a good amount of success in building a company from an idea to a major corporation that employs thousands of people around the globe. Masimo has enabled me to see parts of the world and meet people I never thought possible.
We’ve succeeded because we have stayed true to the ideals that led me to start this company. I’ve always run this company based on what I think is right for patients, the healthcare system, shareholders and employees.
I didn’t choose medicine; medicine chose me. After all these years, I’ve learned the importance of being part of this broader healthcare community that is – at its core – about saving and improving lives.
Those ideals led me to start an initiative like the Patient Safety Movement Foundation, which has a goal of reducing preventable patient deaths in the hospital from 200,000 annually to zero by 2020. This movement has become the mission of my life and I’m working every day to get patients, providers and medical technology companies to work together towards this common goal.
I hope you’ll join me on November 19th at MassDevice’s DeviceTalks to hear more about this mission and the role I believe we in the medtech community have in protecting patients.
I’m not participating in this forum because I need the exposure, or have an agenda. I’m participating because I believe in the kind of honest and hardworking journalism that MassDevice produces everyday. I’m proud to be a part of this kind of unique forum that embraces the broader conversations that we need to have in the medical device industry. I believe in organizations like MassDevice because I think they are providing a true service to the industry.
With this in mind, I invite you to join us at DeviceTalks. We’ll have a terrific discussion about these issues and more.