LEWISVILLE, Texas--(BUSINESS WIRE)--
CareView Communications, Inc. ("CareView" or the "Company") (OTCQB:
CRVW), a patient and clinically focused information technology provider
to the healthcare industry, announced today several new contract
signings and expansions.
IASIS Healthcare: Following the signing of its initial agreement with
IASIS in December 2012, CareView and IASIS have expanded their
relationship. CareView’s technology has now been deployed in
approximately 1,875 beds across 17 of IASIS’s hospitals.
Orlando Health: CareView and Orlando Health, a Central Florida
hospital chain with 1,100 beds in 7 facilities, have entered into an
agreement under which CareView’s technology has been deployed in
approximately 140 beds. CareView expects to grow this bed count over
Kaiser Permanente: CareView and Kaiser have executed a contract
whereby CareView’s technology is being deployed in a number of
Kaiser’s hospitals on a pilot basis.
An existing large hospital chain customer expanded its relationship
with the Company by introducing several new CareView products and
services on a pilot basis under the terms of an existing contract.
This customer requested not to be identified for reasons unrelated to
The following hospital chains have recently executed new contracts or
expanded existing ones to provide CareView’s suite of patient safety,
entertainment and connectivity products to patients and hospital staff:
"These contract signings and expansions are a testament to the high
quality, competitive price and breadth of our expanded product
offering," CareView President and Chief Executive Officer Steven Johnson
said. "Each of our customers is enjoying an immediate return on
investment, and their patients are now safer and nursing staffs more
efficient. If our recent successful pilot projects are any indication,
we expect that CareView will secure several new hospital facilities or
groups in the very near future." Mr. Johnson continued, "Now that the
implementation of ObamaCare has begun and new reimbursement rates to
hospitals are becoming known, hospitals are in a better position to move
forward to execute their business strategies that had previously been on
hold. We are confident that the current condition of the healthcare
industry will help to advance our products and services as the new
"standard of care" for hospital facilities nationwide."
About CareView Communications, Inc.
CareView's mission is to be the leading provider of products and
on-demand application services for the healthcare industry by
specializing in bedside video monitoring, archiving and patient care
documentation systems and patient entertainment services. Through the
use of telecommunications technology and the Internet, our products and
on-demand services will greatly increase the access to quality medical
care and education for both consumers and healthcare professionals. We
offer the next generation of patient care through our unique data and
patient monitoring system that connects patients, families and
healthcare professionals (the "CareView System®"). Our
proprietary, high-speed data network system may be deployed throughout a
healthcare facility to provide the facility with recurring revenue and
infrastructure for future applications. Real-time bedside and
point-of-care video monitoring and recording improve efficiency while
limiting liability, and entertainment packages and patient education
enhance the patient's quality of stay. Through continued investment in
patient care technology, we are helping hospitals and assisted living
facilities build a safe, high quality healthcare delivery system that
best serves the patient, while striving for the highest level of patient
satisfaction and comfort. CareView is dedicated to working with all
types of hospitals, nursing homes, adult living centers and selected
outpatient care facilities domestically and internationally. Corporate
offices are located at 405 State Highway 121 Bypass, Suite B-240,
Lewisville, TX 75067. More information about the Company is available on
the Company’s website at www.care-view.com.
Questions about this release may be directed to Steven Johnson,
CareView's President/CEO, at (972) 943-6050.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy securities of CareView Communications,
Inc. Certain statements in this release, including those relating to the
expansion of our agreement with IASIS, the expectation of expansion with
Orlando Health, the pilot agreement with Kaiser and the results thereof,
the expansion of an unnamed hospital chain, the current state of the
healthcare industry, the implementation of ObamaCare, the new
reimbursement rates to hospitals and other written or oral statements
made by or on behalf of the Company, are “forward-looking statements”
within the meaning of the federal securities laws. Statements regarding
future events and developments and our future performance, as well as
management’s expectations, beliefs, plans, estimates or projections
relating to the future are forward-looking statements within the meaning
of these laws.The forward-looking statements are subject to a
number of risks and uncertainties including market acceptance of the
Company’s services and projects and the Company’s continued access to
capital and other risks and uncertainties. The actual results the
Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. These statements are
based on our current expectations and speak only as of the date of such
statements.The Company undertakes no obligation to publicly
update or revise any forward-looking statement, whether as a result of
future events, new information or otherwise.
CareView Communications, Inc.
Steven Johnson, 972-943-6050
Source: CareView Communications, Inc.