HealthCor Management Now Holds 21.6% of CareView Communications

HealthCor Management, CareView Communications: In an amended 13D filing with the SEC a few minutes ago, New York-located HealthCor Management reported ownership of 21.6% of Careview Communications (OTCBB:CRVW). The entire position is 38.3 million shares worth of the company, for a little under $15 million worth. In the last amendment to HealthCor’s position in CareView, the firm reported a 20.9% stake.

CareView posted a net loss of $3.6 million for the previous quarter, narrowing it from $4.5 million net loss reported for the same period of last year. The net loss per share remained flat over the year at $0.03. At the same time, the company’s net loss for the first half of the year amounted to $7.7 million, versus $9.3 million posted for the first six months of 2012. The healthcare company is engaged in solutions for patient care monitoring, safety and security.

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