LEWISVILLE, Texas--(BUSINESS WIRE)-- CareView Communications, Inc. (“CareView” or the “Company”) (OTCBB: CRVW), an information technology provider to the healthcare industry, announced today the execution of an agreement with Health Management Associates, Inc. (NYSE:HMA), whose corporate offices are located in Naples, Florida. Under the agreement, Health Management engaged CareView to provide the CareView System® in its patient rooms throughout its hospitals. Health Management owns or operates fifty-nine hospitals in fifteen states with approximately 8,900 licensed beds.
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 Health Management 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 Health Management’s 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 Health Management’s hospitals.
- Patients and their visitors with direct access to on-demand high-speed Internet and first run movies in their rooms.
“It was rewarding to us, that after an evidenced-based study of the CareView System® and particularly our Virtual Bed Rails™ application, that Health Management agreed to move forward with us. Our goal is to work with those who are committed to providing high quality patient care in the safest environment possible, while meeting and exceeding the guidelines established by CMS, JCAHO, caregivers and patients for both the current standard and the expectations of all the stakeholders within the industry,” said CareView's CEO Samuel A. Greco.
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 (RCP) 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, Texas, 75067. Questions may be directed to John R. Bailey, Chief Financial Officer at (972) 943-6050. More information about the Company is available on the Company’s website at www.care-view.com.
About Health Management Associates, Inc.
Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Through its subsidiaries, Health Management operates 59 hospitals, with approximately 8,900 licensed beds, in non-urban communities located throughout the United States. All references to "Health Management" or "HMA" used in this release refer to Health Management Associates, Inc. and its affiliates.
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.
CONTACT:
CareView Communications, Inc.
John R. Bailey, 972-943-6050
Chief Financial Officer
www.care-view.com
KEYWORDS: United States North America Florida Texas
INDUSTRY KEYWORDS: Technology Data Management Networks Software Audio/Video Practice Management Health Hospitals Other Health Nursing
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