CareView Communications, Inc. Executes Contract with Grady Memorial Hospital Corporation
LEWISVILLE, Texas--(BUSINESS WIRE)--CareView Communications, Inc. ("CareView" or the "Company") (OTCQB: CRVW), an information technology provider to the healthcare industry, announced today the execution of a three-year hospital contract with Grady Memorial Hospital Corporation d/b/a Grady Health Center in Atlanta, Georgia. Grady Health Center is an internationally recognized teaching hospital and has one of the busiest Level I trauma centers in the region. Located downtown next to Georgia State University, Grady is considered to be one of the premier public hospitals in the Southern United States.
Under the agreement, CareView will install its entire line of CareView System® products and services for 402 of their licensed hospital beds including two innovative modules that help prevent patient falls and help to reduce sitter costs. The CareView Connect module allows the hospital to operate CareView's services remotely through hand-held tablets and mobile phones tied into the hospital's existing communication system. The CareView Broadcast System provides patients with educational videos regarding their specific ailment, patient satisfaction surveys relative to their hospital stay and the SerenityView network which provides soothing scenes and music on the TV at a patient's bedside. The contract also includes access to the CareView Guest Services Package which allows patients and their families to access the Internet, view on-demand movies and have video chats with their relatives during their stay. These services are tailored to the hospital's needs and help with the ever changing regulatory climate and attendant reimbursement issues.
"At CareView, we are committed to helping hospitals effectively use our monitoring technology to better serve patients, reduce sitter costs and create the safest environment possible. We believe our products and services provide cost-effective solutions to enhance safety while preserving the hospital's human and financial resources. We are confident that our CareView System services will help patients have a more comfortable and safe hospital stay," said Steven Johnson, CareView's President and Chief Executive Officer.
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 and its products and services is available on the Company’s website at www.care-view.com.
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 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.