CareView Communications, Inc. Announces Execution of Agreement With St. Francis Medical Center, Memphis, TN

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 St. Francis Medical Center in Memphis, Tennessee. St. Francis Medical Center, a Tenet Healthcare Corporation facility, is home to Saint Francis Hospital with 519 beds, the Saint Francis/University of Tennessee Family Practice Residency Program building, two multi-story Medical Office buildings, and the Saint Francis Outpatient Surgery Center. St. Francis has approximately 1,000 affiliated staff physicians, 2,000 employees and 200 volunteers.

“We welcome St. Francis to the CareView family. We are eager to continue to develop our working relationship with St. Francis and Tenet Healthcare and look forward to working with them to fulfill their commitment to high quality service in the safest environment possible on a daily basis,” 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 St. Francis 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 St. Francis 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 St. Francis.
  • 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/COO at (972) 943-6044. More information about the Company is available on the Company’s website at www.care-view.com.

About St. Francis

Saint Francis Hospital opened its doors in 1974 and was the first full-service hospital located in the East Memphis area. Though it has never been owned by the Catholic Church, its creation was the result of Catholic inspiration. Therefore, Saint Francis began operation as a not-for-profit hospital, providing care according to Catholic directives for health care facilities. Today, the hospital is part of the Tenet Healthcare System and is a for-profit institution. However, its Catholic roots continue to influence the way it provides services, as evidenced in its Mission Statement. The Saint Francis Campus is home to Saint Francis Hospital with 519 beds, the Saint Francis/University of Tennessee Family Practice Residency Program building, two multi-story Medical Office buildings, and the Saint Francis Outpatient Surgery Center. St. Francis has approximately 1000 affiliated staff physicians, 2000 employees and 200 volunteers.

About Tenet Healthcare Corporation

Tenet Healthcare Corporation, an investor-owned health-care delivery systems company based in Dallas, Texas. THC owns and operates 49 acute-care hospitals with approximately 13,000 beds in 11 states and 59 outpatient centers.

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.
Steven Johnson, President/COO, 972-943-6044

KEYWORDS:   United States  North America  Tennessee  Texas

INDUSTRY KEYWORDS:   Technology  Data Management  Networks  Software  Health  Hospitals

MEDIA:

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