CareView Communications Receives FIPS 140-2 Certification

Rhea-AI Summary

CareView Communications (OTCQB: CRVW) has received FIPS 140-2 certification for its CareView Cryptographic Module, essential for encrypting protected health information (PHI) and personally identifiable information (PII). This certification enhances CareView's ability to meet security standards required by healthcare systems, including the U.S. Veterans Health Administration. The module will be available to current and future customers at no extra cost, providing CareView a competitive advantage in medical facility markets. This reflects CareView’s commitment to patient safety and operational efficiencies.

Positive

• FIPS 140-2 certification enhances trust and credibility in CareView's security measures.
• No additional cost for existing and future customers accessing the certified cryptographic module.
• Gives CareView a competitive advantage in markets requiring FIPS 140-2 certified solutions.

Negative

• None.

CareView Communications, Inc. ("CareView" or the "Company") (OTCQB: CRVW), an information technology provider to the healthcare industry, today announced that its CareView Cryptographic Module was Federal Information Processing Standard Publication (FIPS 140-2) certified. The cryptographic module is incorporated in CareView's Patient Safety System® and is used for the encryption of protected health information (PHI) and personally identifiable information (PII) for patients in health facilities.

"FIPS 140-2 certification is one way to show our commitment to security and ensuring we are good stewards with our customer's sensitive information," said Steve G. Johnson, CareView's President and Chief Executive Officer. "Several healthcare systems, including the U.S. Veterans Health Administration (VA), require the use of FIPS 140-2 certified modules as part of security standards and compliance."

"The CareView Cryptographic Module will be made available for existing and future customers at no additional cost. As this certification is difficult to attain, CareView now has a competitive edge when selling to medical facilities that require the usage of FIPS 140-2 certified encryption," said Sandra McRee, CareView's Chief Operating Officer.

FIPS 140-2 certified modules are listed on the National Institute of Standards and Technologies (NIST) Cryptographic Module Validation Program (CMVP). U.S. and Canadian product procurers use this website to determine if vendors are FIPS 140-2 certified before making purchases.

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/20210811005146/en/

FAQ

What does the FIPS 140-2 certification mean for CareView Communications (CRVW)?

The FIPS 140-2 certification signifies that CareView's Cryptographic Module meets rigorous security standards, enhancing its capability to protect sensitive patient information.

How will CareView's FIPS 140-2 certification impact its business?

The certification provides a competitive edge in securing contracts with healthcare providers that mandate FIPS 140-2 compliance, potentially increasing business opportunities.

Is there a cost associated with CareView's certified cryptographic module for customers?

No, CareView will provide the certified module to existing and future customers at no additional cost.

Which organizations require FIPS 140-2 certification?

Organizations such as the U.S. Veterans Health Administration require FIPS 140-2 certified modules as part of their security and compliance standards.