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CareView Communications, Inc. (symbol: CRVW) is revolutionizing the healthcare industry with its next-generation patient care monitoring, safety, and security products. The company has pioneered innovative solutions designed to enhance patient observation and monitoring, significantly improving the overall quality of care provided in hospitals, nursing homes, and other caregiving environments.
CareView's comprehensive suite of clinical products is tailored to meet the unique needs of various healthcare providers and stakeholders, including caregivers, patients, families, and visitors. Among the notable benefits of CareView's products are the reduction of patient falls, decreased reliance on sitters, improved Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) scores, and increased patient satisfaction.
One of the standout features offered by CareView is the in-room entertainment package for patients, which includes high-speed internet access, first-run on-demand movies, and visual connectivity to family and friends from anywhere in the world. This not only enhances the patient experience but also provides comfort and peace of mind to families.
For healthcare facilities, CareView delivers a range of tools aimed at delivering superior patient care and boosting operational efficiency. These tools help reduce bed turnaround time, thereby increasing patient flow and optimizing hospital operations.
CareView's commitment to excellence is reflected in its successful partnerships with hospitals, where its products have demonstrated tangible improvements in patient safety and satisfaction. As the company continues to innovate and expand its offerings, it remains at the forefront of creating resourceful and impactful solutions for the healthcare industry.
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.
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