CareView Communications inks agreement with hospital group

CareView Communications, Inc. (OTCQB: CRVW) has executed its first purchasing agreement with a HealthTrust-member hospital group, the company said.

This purchasing agreement is with the Mountain Division of one of the country´s largest for-profit hospital groups with 12 hospital facilities.

CareView recently entered into a group purchasing agreement with HealthTrust, under which its exclusive members can purchase all components of the company´s CareView System video monitoring, archival and patient care documentation systems, and patient entertainment services.

The three-year purchasing agreement authorizes future purchases by the 12 affiliated hospital facilities having approximately 1,600 licensed beds. CareView estimates that installations will begin within 30-45 days and will likely include a majority of the services provided in its Primary Package, including the CareView Falls Management Program and the CareView Sitter Management Program.

CareView provides products and on-demand application services for the healthcare industry by specializing in bedside video monitoring, archiving and patient care documentation systems and patient entertainment services. Its corporate offices are in Lewisville, TX.

HealthTrust (HealthTrust Purchasing Group, L.P.) augments provider performance and clinical excellence through an aligned membership model and the delivery of total spend management advisory solutions that leverage our operator experience, scale and innovation. Headquartered in Nashville, Tennessee, it serves approximately 1,600 acute care facilities and members in more than 26,000 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites.