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Last $0.34 USD
Change Today -0.0249 / -6.92%
Volume 47.8K
CRVW On Other Exchanges
As of 8:10 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

careview communications inc (CRVW) Snapshot

Previous Close
Day High
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52 Week High
08/18/14 - $0.63
52 Week Low
12/15/14 - $0.25
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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careview communications inc (CRVW) Details

CareView Communications, Inc. develops products and hardware to connect patients, families, and health care providers in the United States. The company offers SecureView modules to monitor and record bedside activity in the patient’s room; NurseView modules to view monitored rooms from the nurse’s station; PhysicianView modules to view patients from any personal computer; Virtual Bed Rails and Virtual Chair Rails fall prevention modules; Fall Management Program to separately file, identify, and research the activity of patients; and timed rounding modules to help nursing staff monitor patients. It also provides Sitter Management Program to monitor patient rooms from one nursing station or mobile device; BedView modules to monitor the status and availability of facility beds remotely; delivery mechanism for patient education materials; FacilityView modules that monitor and record activity in any area that the hospital would desire security cameras to be placed; monitoring system to nursing alerts and reminders; and ulcer management systems. In addition, the company offers CareView Connect, a communications device and mobile monitoring system used with handheld mobile devices; NICUView that provides a live continual feed from the neo-natal intensive care unit allowing parents, friends, or families to view the newborn and obtain clinical information from home; and broadcasting systems to broadcast various educational, informational, and service communications to patients and guests. Further, it offers guest services packages, which include PatientView modules that allows family members and friends to monitor and videoconference with them in their private rooms; NetView, which allows the patient access to the Internet; MovieView modules that provides a selection of movies access to patient, family and/or friends; and BabyView modules that allows mothers to view their newborn child. The company is based in Lewisville, Texas.

56 Employees
Last Reported Date: 05/14/15

careview communications inc (CRVW) Top Compensated Officers

Chief Executive Officer, President, Treasurer...
Total Annual Compensation: $250.0K
Chairman of The Board, Principal Financial Of...
Total Annual Compensation: --
Chief Operating Officer
Total Annual Compensation: $210.0K
Compensation as of Fiscal Year 2014.

careview communications inc (CRVW) Key Developments

Careview Communications, Inc. Announces Agreement with Parkland Health & Hospital System

CareView Communications, Inc. announced that upon the completion of a pilot program with Dallas County Hospital District d/b/a Parkland Health & Hospital System, Parkland executed an agreement for CareView to install its CareView System initially in 408 beds in the new 2.1 million square-foot facility which will open in August 2015. CareView Communications will install its products and services for 480 beds at Parkland, including its Primary Package (with SecureView®, PhysicianView®, NurseView®, SitterView™, Virtual Bed Rails® and Virtual Chair Rails™ modules, the CareView Fall Management Program® and Rounding Alerts), its GuestView Services Package (with PatientView®, MovieView®, BabyView® and NetView®), and additional services including the Sitter Management Program, Ulcer Management Program, Nursing Alerts and the CareView Broadcast System.

CareView Communications Announces $40 Million Financing Transaction with PDL Biopharma

CareView Communications, Inc. announced that it has entered into a credit agreement with PDL BioPharma, Inc. whereby PDL will provide CareView with up to $40 million of secured debt financing. Under the credit agreement, PDL will provide CareView with up to $40 million of debt financing in two tranches of $20 million, based upon the achievement of specified milestones. Each tranche has a five year maturity. PDL will receive interest on the principal amount outstanding and a security interest in substantially all of CareView’s assets. As part of the transaction, PDL received a warrant to purchase approximately 4.4 million shares of common stock of CareView at an exercise price of $0.45 per share.

CareView Communications, Inc. Institutes Paid Pilot Program with HCA Hospital

CareView Communications, Inc. has executed a pilot agreement with Research Medical Center (RMC), part of HCA’s Mid-America Division. Under the paid pilot program, CareView installed 267 beds at RMC. RMC will implement CareView’s entire suite of clinical and patient services including motion detection software that provides caregivers another tool to care for patients who are at risk for falling or require a heightened level of visibility. RMC will share data collected through the pilot program with CareView, including reports on the number of falls prevented and the level of patient satisfaction with the new technology.


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