CareView Communications, Inc. Announces TeleMedView

Rhea-AI Summary

CareView Communications, Inc. (OTCQB: CRVW) has launched TeleMedView, enhancing its Patient Safety System. This addition enables hospital staff to utilize advanced video technology for remote patient monitoring, addressing staffing shortages and rising care demands. TeleMedView incorporates existing high-quality cameras and is designed to improve patient safety, with new patents augmenting CareView's innovations. CEO Steve Johnson highlights this step as part of the company's modernization efforts, emphasizing its applicability in various clinical environments.

Positive

• Launch of TeleMedView expands patient safety and monitoring capabilities.
• TeleMedView addresses staffing shortages and increases hospital care capacity.
• CareView has been awarded new patents, expanding its intellectual property portfolio.

Negative

• None.

CareView Communications, Inc. (“CareView” or the “Company”) (OTCQB: CRVW), an information technology provider to the healthcare industry, is pleased to announce the latest addition to the CareView Patient Safety System; TeleMedView. TeleMedView expands CareView’s existing patient safety and monitoring capabilities to provide an easy and intuitive way for hospital staff to conduct telehealth, telemedicine, and tele-companion services.

TeleMedView allows hospital staff to use CareView’s high-quality video cameras with pan-tilt-zoom and 2-way video functionality to observe and communicate with patients remotely. TeleMedView leverages the CareView Mobile Controller’s built-in monitor and can work with the CareView Portable Controller as well.

CareView created TeleMedView in response to a growing demand for remote patient monitoring driven by increasing demands for care and staffing shortages in the healthcare industry. With CareView, hospitals are safely monitoring more patients while providing a higher level of care.

CareView has been awarded several new patents for features supporting TeleMedView, adding to its 32 existing patents, including SitterView® and ProcedureView®. These patents provide additional support and insight into the clinical workflow, allowing staff to document patient risks and procedures.

Steve Johnson, CareView’s CEO, said, “TeleMedView is our latest step in the modernization of our platform, which includes several solutions specifically designed to address clinical needs in general patient safety and monitoring, as well as in ICUs, behavioral health settings, and negative pressure COVID-19 units, making CareView the complete patient safety and telemedicine solution.”

About CareView Communications, Inc.

As a leader in turnkey patient video monitoring solutions, CareView is redefining the standard of patient safety in hospitals and healthcare facilities across the country. For over a decade, CareView has relentlessly pursued innovative ways to increase patient protection, providing next generation solutions that lower operational costs and foster a culture of safety among patient, staff and hospital leadership. With installations in more than 150 hospitals, CareView has proven that its innovative technology is creating a culture of patient safety where patient falls have decreased by 80% with sitter costs reduced by more than 65%. Anchored by the CareView Patient Safety System, this modular, scalable solution delivers flexible configurations to fit any facility while significantly increasing patient safety and operational savings. All configurations feature HD cameras, high-fidelity 2-way audio/video, LCD displays for the ultimate in capability, flexibility, and affordability. Corporate offices are located at 405 State Highway 121 Bypass, Suite B-240, Lewisville, TX 75067. More information about the Company and its products and services is available on the Company’s website at www.care-view.com.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210223005183/en/

FAQ

What is TeleMedView by CareView Communications?

TeleMedView is a new addition to CareView's Patient Safety System that allows hospital staff to conduct remote patient monitoring using advanced video technology.

How does TeleMedView support hospital staff?

TeleMedView provides hospital staff with the capability to observe and communicate with patients remotely using high-quality video cameras.

What problem does TeleMedView aim to solve in healthcare?

TeleMedView is designed to meet the rising demands for remote patient monitoring, particularly due to staffing shortages in the healthcare industry.

What patents has CareView Communications recently been awarded?

CareView Communications has received several new patents supporting TeleMedView, adding to its existing portfolio of 32 patents.

What impact does TeleMedView have on patient safety?

TeleMedView enhances patient safety by allowing for better monitoring and communication, contributing to higher quality care in hospitals.