MASI Stock Down Despite New SafetyNet Deal for Neonatal Care
MASIMasimo(MASI) ZACKS·2024-09-11 01:20

Masimo Corporation (MASI) , on Monday, announced that France-based Saint-Denis Hospital Center will be adopting the use of its SafetyNet cloud-based telemonitoring platform as part of an experimental mobile neonatology unit aimed at facilitating earlier discharge of premature newborns from the ICU to the home. Launched in February, the project is expected to allow vulnerable neonates to return home safely while remaining under the close supervision of the hospital.Although the deal with Saint-Denis Hospital ...