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 pilot agreement with IASIS Healthcare, a leading owner and operator of acute care hospitals in high-growth urban and suburban markets ("IASIS"). Under the terms of the pilot agreement, CareView will install its CareView System™ for a six-month trial basis in approximately 100 beds. The installations will be made in Mountain Vista Medical Center in Mesa, Arizona, and St. Joseph Medical Center in Houston, Texas. Upon satisfactory completion of the pilot agreement, IASIS intends to deploy the CareView System™ in its hospital operations which consist of 18 acute care hospitals in 7 states.
"We are confident that our pilot agreement with IASIS will be completed successfully and anticipate a long-term relationship with IASIS as we deploy the CareView System™ in its hospitals. IASIS already provides excellent services to its patients, and we are certain its care providers will find that our CareView System™ helps them promote their commitment to high quality patient care in a safe environment," stated Samuel A. Greco, CareView’s Chief Executive Officer.
The CareView System™ is a suite of products that brings the information technology of the 21st century directly to patients, families and healthcare providers by connecting them through one easy-to-install and simple-to-use system. This collaboration will allow IASIS' hospitals to provide:
- The ability to implement audit tools to ensure that quality standards are being met and safety measures are being complied with while both are used to further educate caregivers at IASIS hospitals to continually enhance quality and safety for their patients.
- Doctors, nurses and other healthcare providers with the ability to efficiently and cost-effectively monitor, treat and visit their patients.
- Family members and friends with the ability to use the Internet to monitor, visit and correspond with their loved ones who are patients at IASIS hospitals.
- Patients and their visitors with direct access to on-demand high-speed Internet and first run movies in their rooms.
About CareView Communications, Inc.
CareView has created a proprietary high-speed data network system that can be deployed throughout a healthcare facility using the existing cable television infrastructure. This network supports CareView’s Room Control Platform and complementary suite of software applications designed to streamline workflow and improve value-added services offered to customers. Real-time bedside monitoring and point-of-care video monitoring and recording improve efficiency while limiting liability, and entertainment packages and education enhance quality of stay. This technology may also act as an interface gateway for other software systems and medical devices moving forward. 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. Questions may be directed to Steven Johnson, President and Chief Operating Officer at (972) 943-6050. More information about the Company is available on the Company’s website at www.care-view.com.
About IASIS Healthcare
IASIS, located in Franklin, Tennessee, is a leading owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. The Company operates its hospitals with a strong community focus by offering and developing healthcare services targeted to the needs of the markets it serves, promoting strong relationships with physicians and working with local managed care plans. IASIS owns or leases 18 acute care hospital facilities and one behavioral health hospital facility with a total of 4,362 licensed beds and has total annual net revenue of approximately $2.8 billion. These hospital facilities are located in seven regions: Salt Lake City, Utah; Phoenix, Arizona; Tampa-St. Petersburg, Florida; five cities in Texas, including Houston and San Antonio; Las Vegas, Nevada; West Monroe, Louisiana; and Woodland Park, Colorado. IASIS also owns and operates a Medicaid and Medicare managed health plan in Phoenix that serves more than 197,000 members. More information about IASIS is available on its website at www.iasishealthcare.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 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
President and Chief Operating Officer
KEYWORDS: United States North America Texas
INDUSTRY KEYWORDS: Technology Data Management Software Health Hospitals General Health