CareView Communications Expands Its Virtual Nursing Solutions

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LEWISVILLE, Texas, June 13, 2023--(BUSINESS WIRE)--CareView Communications, Inc. ("CareView" or the "Company") (OTCQB: CRVW), an information technology provider to the healthcare industry, today announced the expansion of its virtual nursing solutions. This expansion includes numerous new features and improved functionality to their Patient Care System™ (supporting virtual nursing outcomes).

According to the U.S. Bureau of Labor Statistics projections, there will be a need for 2.1 million new RNs for expansion and replacement of retirees by 2025. With the unprecedented nursing shortage hospitals face and will continue to face, establishing a sustainable virtual care strategy is top of mind for most hospitals and health systems.

CareView is uniquely positioned to leverage its patented technology and proprietary hardware to provide virtual nursing solutions that are sustainable long-term and provide immediate support to the health systems and hospitals struggling with nursing shortages.

CareView's virtual nursing solution utilizes its technology and experience to help hospitals reduce the burden on care teams around admission, discharge, patient education, virtual rounding, case management, and telehealth. CareView's software and hardware are also being applied to nurse mentoring in a virtual setting, further assisting with increasing nurse retention.

The expansion of the Patient Care System includes a dedicated virtual nursing module with secure two-way communication technology, documentation capability, external participant conferencing, and screen-sharing features. The communication allows for better care coordination through patient/provider video calls with family members, translators, and additional medical providers.

These features build on CareView's integration with nurse communication and patient engagement platforms and provide much-needed support for the bedside nurses by shifting professional nursing and administrative tasks to an RN who can engage with the patient, their family, and other care team members remotely.

Shauna Buck, CareView’s Senior Director of Clinical Operations, stated, "Virtual nursing is no longer a vision of the future, but a reality of the present. Through feedback from our clinical partners, CareView has designed a dynamic solution that can easily be deployed to streamline workflows and augment the care provided by nurses at the bedside."

About CareView Communications, Inc.

As a leader in turnkey patient video monitoring solutions, CareView is redefining the standard of patient safety and care in hospitals and healthcare facilities across the country. For over a decade, CareView has relentlessly pursued innovative ways to increase patient protection, providing next-generation solutions that lower operational costs and foster a culture of safety among patients, staff, and hospital leadership. With installations in more than 150 hospitals, CareView has proven that its innovative technology is creating a culture of patient safety where patient falls have decreased by 80% and sitter costs reduced by more than 65%. Anchored by the CareView Patient Safety System® and CareView Patient Care System, this modular, scalable solution delivers flexible configurations to fit any facility while significantly increasing patient safety, care, and operational savings. All configurations feature HD cameras, high-fidelity 2-way audio/video, LCD displays for the ultimate in capability, flexibility, and affordability. 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. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

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Contacts

Steven G. Johnson
President and Chief Executive Officer
CareView Communications, Inc.
(972) 943-6050

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