Masimo Acquires NantHealth’s Connected Care Assets for $47.25M

Masimo, a global leader in noninvasive monitoring technologies and connectivity tools for hospitals, recently announced a definitive agreement to acquire the connected care assets from California-based NantHealth for $47.25 million. NantHealth’s connected care assets, which include the DCX device connectivity, VCX patient vitals software, HBox connectivity hub, and Shuttle interface cable, provide medical device interoperability to hospitals and health system. Masimo will leverage NantHealth’s connected care suite to further their goal of helping hospitals and health systems “improve the continuum of great care through hospital automation, connectivity, and innovative noninvasive monitoring technologies,” Masimo officials highlighted in the announcement. “Not only does Connected Care immediately increase our customer footprint but also provides us with products which complement our current portfolio,” explained Joe Kiani, founder, chairman, and CEO of Masimo. “As a result, we are very excited to welcome the Connected Care’s talented team to Masimo and look forward to realizing our vision together.”