Bill New, with credentials in medicine, engineering and business, has over 30 years of experience as a physician and in the medical devices and diagnostics industry. He holds bachelor's and master's degrees in electrical engineering from Stanford University; a doctorate in physiology from UCLA; a medical degree from the Duke University School of Medicine; and an M.B.A. from Stanford.
William New Jr., M.D., Ph.D.
He spent 25 years as an anesthesiologist on the clinical faculty of Stanford's medical school, where his dual interests in health care and technology fueled his invention of pulse oximetry -- a noninvasive instrumental method for measuring an anesthetized patient's blood oxygenation. Pulse oximetry is credited with significantly reducing patient deaths while under anesthesia. To commercialize pulse oximetry Dr. New founded, chaired and took public Nellcor, the first of several successful entrepreneurial ventures combining his skills as a physician, engineer and businessman.
He subsequently founded, chaired and took public Natus Medical Inc., and through Natus invented and commercialized worldwide the leading newborn infant hearing screening technology, enabling physicians and parents to test the hearing in newborns immediately after birth. Both Nellcor's pulse oximetry and Natus' neonatal hearing screener fundamentally changed the standard of care followed by health care providers in their respective fields and each device is ubiquitous in hospitals and clinics in the United States and worldwide.
Dr. New also served as associate dean for bioengineering, Department of Biomedical Engineering, and as manager of bioscience business development, for the Oregon Health and Science University.
Dr. New serves on a number of corporate, school and non-profit boards of directors, and is actively engaged in creating new start-ups in the medical technologies and services fields.