CareView Communications announced a new partnership with Springfield Memorial Hospital in Springfield, Illinois, to deploy its Virtual Sitting platform—a continuous video‑monitoring system that uses AI to detect patient risk and alert staff in real time.
The deal expands CareView’s customer base into a high‑volume U.S. hospital, aligning with the company’s strategy to grow recurring software revenue and shift from equipment sales to a subscription‑based model. The platform will enable continuous observation, fall prevention, and staff efficiency improvements across the hospital’s units.
CareView’s Q3 2025 results showed a 7% year‑over‑year revenue increase, driven by stronger demand in its core virtual‑care segments, while the company continues to face a stockholders’ deficit and net losses. The new partnership is expected to add recurring revenue and reinforce the company’s shift toward a sales‑based model.
Sandra McRee, Chief Operating Officer, said the partnership “honors our commitment to patient safety and operational efficiency, and it demonstrates the value of our AI‑driven monitoring in a large, complex hospital environment.” The agreement underscores CareView’s focus on high‑volume providers and its patented technology.
While the announcement does not yet show a measurable impact on quarterly earnings, it signals a strategic win that could help the company stabilize its revenue stream and improve its competitive position against rivals such as Outset Medical and Health Catalyst.
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