Welcome to our dedicated page for Careview Comm news (Ticker: CRVW), a resource for investors and traders seeking the latest updates and insights on Careview Comm stock.
CareView Communications, Inc. (CRVW) is a healthcare technology company focused on virtual care, patient safety, and clinical workflow optimization for hospitals and health systems. The CRVW news feed highlights how the company’s virtual nursing, virtual sitter, and AI-enabled patient safety platform is being adopted and expanded across diverse care settings in the United States.
Investors and healthcare professionals can use this page to follow new hospital agreements, partnership announcements, and deployment milestones. Recent news includes business agreements with organizations such as Springfield Memorial Hospital, Northeast Georgia Medical Center Braselton, Memorial Hospital Biloxi, Alaska Native Medical Center, Doctors Hospital in Coral Gables, Mercy Medical Center in Cedar Rapids, and Confluence Health, as well as virtual patient monitoring projects within the Department of Veterans Affairs through a partner.
Coverage also features commercial and channel developments, including group purchasing organization agreements with entities like HealthTrust Purchasing Group and references to relationships with Vizient and Premier Inc., along with a strategic partnership with MedPro Associates to expand sales reach. These updates provide context on how CareView seeks to grow its footprint for virtual nursing, virtual sitting, and AI-enabled observation solutions.
Alongside customer and partnership news, readers may see updates on technology capabilities and clinical impact, such as the use of Virtual Bed Rails® and Virtual Chair Rails®, centralized monitoring, and predictive tools aimed at fall prevention and staffing support. Bookmark this page to access an organized stream of CRVW-related press releases and market-relevant announcements as CareView reports new agreements and initiatives.
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.
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