Top 25 Minority Executives in Healthcare - 2016
Joe Kiani
Founder and CEO, Masimo
Kiani, 50, founded Masimo in 1989. The Irvine, Calif.-based company, which he describes as a garage startup, has sought to disrupt the markets for pulse oximetry and noninvasive heart-monitoring devices. It now has more than a half-billion dollars in annual revenue. In the early 2000s, Kiani became a key figure in U.S. Senate hearings scrutinizing the group purchasing industry, which Kiani said was steering hospitals away from innovative medical devices because of agreements with dominant manufacturers. Kiani is also the founder of the Patient Safety Movement Foundation and a political action committee seeking to shape healthcare policy.