CareView Communications (OTC: CRVW) is a healthcare technology company that sells and licenses a video-based patient monitoring system to hospitals and long-term care facilities. Revenue comes from two models: a sales-based model introduced in Q3 2020 where facilities purchase proprietary hardware outright and pay annual software license fees, and a legacy subscription model where facilities pay monthly fees per installed and activated unit. CareView also offers CareView Connect, a quality-of-life monitoring system targeting long-term care settings including nursing care, home care, assisted living, and independent living. The company holds a General Services Administration Multiple Award Schedule contract, making it a sole source provider to approximately 169 VA facilities with over 39,000 licensed beds and approximately 42 Department of Defense hospitals with over 2,600 licensed beds. CareView reported an operating loss of approximately $55,000 and a net loss of approximately $3.2 million for the year ended December 31, 2025, down from a net loss of approximately $4.7 million for the year ended December 31, 2024. Going concern doubt has been noted in filings through the 10-K filed March 30, 2026. CEO is Steven G. Johnson.

Revenue model

Dual-track model: (1) sales-based, where facilities buy proprietary hardware and pay annual software license fees; (2) legacy subscription-based, where facilities pay monthly fees per installed unit under Products and Services Agreements. Neither model receives third-party reimbursement from insurance, Medicare, or Medicaid.

Products and services

CareView Patient Safety System: video-based patient monitoring hardware and software for hospitals, enabling virtual nursing workflows including patient observation, care concierge, and administrative task support. CareView Connect Quality of Life System: sensor-based monitoring platform for long-term care settings including nursing care, home care, assisted living, and independent living. Both products are HIPAA-compliant and HITRUST certified.

Customers and end markets

Primary customers are large for-profit hospital management companies, not-for-profit integrated delivery networks, and major hospital owners and operators in metropolitan areas. Government customers include approximately 169 VA facilities and approximately 42 DOD hospitals accessible via GSA Multiple Award Schedule contract. Secondary market is long-term care facilities served through CareView Connect.

Value-chain role

Hardware manufacturer and software licensor. Sells proprietary equipment directly to facilities, installs and integrates the system, provides training, and delivers ongoing software licensing, 24/7 remote monitoring support, and field service through geographically assigned account representatives.

Geographic exposure

United States. Government channel covers VA and DOD facilities nationwide under GSA contract.

Source: SEC 10-K, filed 2026-03-30

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