CAREVIEW COMMUNS INC - CRVW STOCK NEWS

CareView Communications has signed a new agreement with Lakeview Specialty Hospital and Rehabilitation Center in Wisconsin. Lakeview, a 30-bed inpatient facility, aids patients recovering from various medical conditions. CareView's Patient Safety System will be implemented to enhance patient safety and reduce falls, leveraging AI and predictive technology like Virtual Bed Rails® and Virtual Chair Rails®. The agreement also builds on CareView's recent national group purchasing agreement with Premier Inc., which aligns with Lakeview's existing GPO contract with Premier. This partnership underscores CareView's commitment to improving patient safety and delivering a positive ROI for its customers.

CareView Communications (OTCQB: CRVW) has achieved HITRUST r2 Certification for its Patient Safety System, demonstrating high-level information protection assurance. This certification validates that both cloud and on-premises systems meet strict regulatory compliance and industry requirements for security and data protection. CareView has maintained HITRUST r2 Certification since 2017 and has now added security controls for responsible AI usage. The certification places CareView among an elite group of organizations worldwide with this level of security validation.

CareView Communications (OTCQB: CRVW) has secured a national group purchasing agreement with Premier, Inc. for Virtual Care, effective September 1, 2024. This agreement allows Premier's network of approximately 4,350 U.S. hospitals and 325,000 other providers to access special pricing for CareView's virtual nursing, virtual sitting, and virtual care solutions.

CareView's offerings include the Patient Safety System, which uses AI and patented predictive technology for continuous patient monitoring, and the Patient Care System for virtual nursing. These solutions aim to enhance patient safety, reduce sitter costs, and improve overall patient experiences while alleviating bedside workload for nurses.

CareView Communications has signed a national Memorandum of Understanding and Interconnection Security Agreement (MOU-ISA) with the Department of Veteran Affairs (VA). This agreement aims to streamline and enhance the services provided by CareView to VA facilities, including system support and updates. This is part of CareView’s ongoing Business Associate Agreement (BAA) with the VA. CareView has been a service provider to the VA since 2016, offering services through various channels such as the General Services Administration (GSA) and the Service-Disabled Veteran Owned Small Business (SDVOSB) Telecare Companion IDIQ. The MOU-ISA will allow CareView to better support and improve patient safety for veterans.

CareView Communications has announced the release of Software Version 5.12, aimed at enhancing patient safety and care technology. The update introduces several new features, including Virtual Room Rails, which use computer vision to monitor patients at risk of elopement. Another key feature is the integration with Spok, enabling virtual sitters to communicate quickly with unit staff to improve patient safety. Additionally, the Patient Observation Documentation Module allows staff to document patient behavior seamlessly. This release underscores CareView's commitment to improving patient care through innovative virtual care solutions.

CareView Communications, Inc. announces the release of Software Version 5.11, showcasing advancements in patient care technology. Key highlights include Smart Bed Detection, Clinical Support to TeleCareView, Virtual Sitter Dashboard, Additional Languages, and Alarm Management Overhaul.

CareView Communications, Inc. (CRVW) has been awarded status as a Panda Health partner, allowing the company to be featured as a vetted, digital health partner on the Panda Health platform. This designation will facilitate meaningful relationships and help expand the reach of its products and services, ultimately leading to future organizational growth.

CareView Communications, Inc. (CRVW) announces a new partnership with a Montana-based healthcare system, expanding its presence across the Pacific Northwest and serving over half a million lives. The agreement includes the installation of 12 mobile CareView cameras for real-time monitoring, improving patient safety, and enhancing the quality of care. The health system will also leverage CareView's software platform for virtual nursing. Virtual nursing and care platforms provide a solution to staffing shortages among healthcare providers, nurses, and care support teams.

CareView Communications, Inc. (CRVW) announces a new partnership with the largest multi-specialty health system in New Mexico, marking its first expansion into the state. The partnership includes the installation of 100 portable CareView cameras to provide real-time monitoring, improving patient safety and care quality. The agreement also involves providing health insurance coverage to the system's members. Sandra McRee, COO at CareView, highlighted that the new equipment and software will address staffing shortages, improve care efficiency, and enhance patient safety and experience. The partnership signifies CareView's dedication to advancing virtual care solutions and supporting the system's investments in modern healthcare equipment and technologies, aiming to make patient access and care management easier, more convenient, and affordable.