LEWISVILLE, Texas--(BUSINESS WIRE)--CareView Communications, Inc. (“CareView” or the “Company”) (OTCQB: CRVW), an information technology provider to the healthcare industry, announced the execution of a 9-month pilot services agreement with LCS-Westminster for the Company’s CareView Connect Senior Care Quality of Life System. Founded by a small Austin, Texas church in 1967, Westminster grew to become Austin’s premier Life Plan community offering a variety of senior living options from independent living to assisted living to memory care and skilled nursing needs. Westminster is managed by Life Care Services, LLC, the nation’s third largest developer and manager of over 130 senior living communities nationwide.
“We are looking forward to furthering the level of care at Westminster with our CareView Connect Senior Care Quality of Life System. We are confident that the results will prove the value of our system by the vital information that it will provide for Westminster staff and residents’ caregivers,” stated Steven Johnson, CareView’s President and Chief Executive Officer.
The CareView Connect Senior Care Quality of Life System is an innovative suite of products and services that improve the quality of life and safety of seniors who reside in independent and assisted living facilities by passively monitoring a resident’s daily activities and using the collected data to establish the resident’s norms within their living environment. Thereafter, the CareView Connect System can notify staff and/or emergency responders of potential emergencies or simply when the resident deviates from those norms.
The CareView Connect Senior Care Quality of Life System consists of a small emergency assist button or pendant, motion sensors, bed sensors, event sensors, and other health/medical sensors. Resident activity levels, medication administration, sleep patterns, and toileting can all be monitored depending on which options are selected. Real time resident data establishes norms, and deviations therefrom can predict the need for potential intervention. The CareView Connect System also allows staff and family members to monitor a resident’s quality of life through use of visual graphs of daily activities easily accessed through a simple app.
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.
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. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of CareView Communications, Inc. to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that includes terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to the beliefs and expectations of the company’s management as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside of the company’s control.
An example of such a statement includes CareView’s belief that the results of the pilot program will prove the value of the CareView Connect System by the vital information that it will provide to Westminster’s staff and residents’ caregivers.
Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are described in the sections titled “Risk Factors” in the company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as reports on Form 8-K, including, but not limited to the following: 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. More information is available on CareView’s website at www.care-view.com.