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Patient safety: Q&A with Masimo founder Joe Kiani

Mon, 01/14/2013 - 3:52pm
Mass Device

Masimo founder & CEO Joe Kiani tells MassDevice.com how closed healthcare data leads to patient injuries and deaths and the business reasons that the data has stayed closed for so long.

Masimo founder and CEO Joe Kiani

Healthcare companies are running out of reasons to keep their data behind closed doors, according to Masimo (NSDQ:MASI) founder & CEO Joe Kiani.

The technology needed to enable transparency is already here, so it comes down to a matter of leadership, he told attendees during the Patient Safety, Science & Technology Summit spearheaded by Masimo's Foundation for Ethics, Innovation & Competition in Healthcare, which took place in Laguna Beach, Calif., yesterday and today.

"I'm not any less guilty than my colleagues, who are all hoping that we'll take advantage of our own data in a way that will be very profitable," Kiani told MassDevice.com at the close of Sunday's presentations. "I think we're waking up to say, 'You know what, while we haven't thought about how to make money out of that, patients are dying.'"

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