CareView Communications Releases Software Version 5.7

Rhea-AI Summary

CareView Communications, Inc. (OTCQB: CRVW) has announced updates to its CareView Patient Safety System®, Version 5.7, enhancing integration with Enterprise Data Warehouse (EDW) and SONIFI Health. This integration will enable customized reporting by combining various patient data sources, improving care delivery. The new system allows for 2-way video interactions without nursing involvement, easing staff workloads. Enhanced reporting capabilities will track key performance indicators, supporting better patient outcomes. These advancements were developed in collaboration with CareView's Clinical End User Group.

Positive

• Integration with EDW allows for comprehensive data reporting and analysis.
• SONIFI integration facilitates 2-way video visits, reducing nursing workload.
• Improved reporting capabilities help track key performance indicators.

Negative

• None.

LEWISVILLE, Texas--(BUSINESS WIRE)-- CareView Communications, Inc. ("CareView" or the "Company") (OTCQB: CRVW), an information technology provider to the healthcare industry, today announced the release of latest updates to its CareView Patient Safety System®, Version 5.7, which includes integration with Enterprise Data Warehouse (EDW), SONIFI Health (SONIFI), and new and improved reporting capabilities to manage performance and further stratify the measure of outcomes and results.

The EDW integration allows a health system to integrate data from CareView with other data sources in the EDW to produce customized reports and queries. With this integration, clinical informatics and data teams can combine fall intervention and virtual sitter data with electronic health records (EHRs) and other patient and hospital data to form more comprehensive reports.

The SONIFI integration allows patient safety technicians and providers to easily conduct 2-way video visits through SONIFI appliances in patient rooms from the CareView portal. No nursing interventions are required for these encounters, alleviating staff workloads while also engaging patients in care.

Finally, these updates include several new reports and enhanced reporting capabilities that further stratify the outcomes and results of interventions, allowing for the tracking and measurement of program operational key performance indicators (KPIs).

“These enhancements are the result of work with CareView's Clinical End User Group, a focus group that helps determine the opportunities, direction, and features to lead CareView into the future,” said Shauna Buck, CareView’s Senior Director of Clinical Operations.

“These updates and the integration with SONIFI, creates new opportunities for healthcare providers to address their staffing needs with technology,” said Steve Johnson, CareView’s CEO. “CareView and our partners are ushering in the next generation of patient care to improve care coordination and foster better patient outcomes.”

The CareView Patient Safety System, including its patented Virtual Bed Rails® and Virtual Chair Rails®, uses predictive technology to differentiate between normal patient movements and behaviors of an at-risk patient. This results in fewer false alarms, quicker staff interventions, and a significant reduction in patient falls.

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/20221213005013/en/

Steven G. Johnson

President and Chief Executive Officer

CareView Communications, Inc.

(972) 943-6050

Source: CareView Communications, Inc.

FAQ

What are the new features in CareView Communications' Patient Safety System?

The latest update includes EDW integration for customized reporting and SONIFI integration for 2-way video visits.

How does the integration with EDW benefit CareView Communications?

It allows for the combination of fall intervention data with electronic health records for comprehensive reporting.

What is the significance of the SONIFI integration for CareView Communications?

It enables patient safety technicians to conduct video visits, alleviating the workload on nursing staff.

When was the latest update to the CareView Patient Safety System released?

The update was announced recently but no specific date is provided in the press release.

What impact will the updates have on patient care according to CareView Communications?

The updates aim to improve care coordination and enhance patient outcomes.