Embodiments disclosed herein may include a method and system for determining patient-specific alarm thresholds for monitoring the patient's physiological parameters. For example, in an embodiment, the patient's age, weight, height, diagnosis, medications and/or other factors may affect his or her normal heart rate, blood oxygen saturation, and/or other physiological parameters. Accordingly, in an embodiment, information specific to or generally applicable to the patient may be supplied to a monitoring system to enable determination of the appropriate maximum and minimum thresholds. In an embodiment, if the patient exceeds one of the personalized thresholds, the monitoring system may alert a caregiver that there is a problem.