Phunware Announces Contract Expansion with VHC Health

Rhea-AI Summary

Phunware (NASDAQ: PHUN) has expanded its contract with VHC Health to enhance Location Based Services (LBS) at the new 250,000 square foot Outpatient Pavilion. This upgrade will integrate TIBA Parking Systems with VHC Health’s mobile digital front door.

VHC Health, recognized for exceptional patient experiences, has achieved significant awards, including the Healthgrades Outstanding Patient Experience Award™ and a consistent ‘A’ grade from The Leapfrog Group. Phunware's digital solutions aim to streamline patient interactions, offering features like indoor positioning, appointment reminders, and mobile bill pay, providing a seamless healthcare experience.

Positive

• Contract expansion with VHC Health enhances potential revenue and service offerings.
• Integration of TIBA Parking Systems improves patient experience.
• VHC Health's prestigious awards indicate a strong partnership potential.

Negative

• None.

AUSTIN, Texas, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today a contract expansion to extend its Location Based Services (LBS) to the 250,000 square foot Outpatient Pavilion at VHC Health and integrate TIBA Parking Systems with VHC Health’s mobile digital front door.

VHC Health provides exceptional medical services as our region’s community health system. In 2022, the Hospital was selected for an 11th consecutive Healthgrades Outstanding Patient Experience Award™ and a 21st consecutive ‘A’ grade from The Leapfrog Group. Virginia Hospital Center is a 453-bed not-for-profit teaching facility and designated as a Magnet^® hospital by the American Nurses Credentialing Center. VHC Health earned the 2022 College of Healthcare Information Management Executives (CHIME) 2022 Digital Health Most Wired recognition as a certified level 9 and is a proud member of the Mayo Clinic Care Network – a national network of independent healthcare organizations.

“The leadership at VHC Health has embraced the importance of a mobile strategy in order to deliver an exceptional patient experience,” said Cody Wimbish, Phunware VP of Program Management & Customer Success. “Since we take a platform approach to tech-enabling the continuum of care, we are able to easily extend VHC Health’s capabilities as they grow and are thrilled to not only support their new Outpatient Pavilion, but also seamlessly integrate parking with their mobile application to help remove an additional layer of friction when patients are on-site.”

Phunware’s digital front door not only delivers feature-rich mobile solutions for healthcare providers, but also offers seamless integrations with third-parties such as Electronic Health Records (EHRs). This holistic approach eliminates the pain of having to manage dozens of point solutions while simultaneously offering staff, patients and visitors a far more cohesive and integrated healthcare experience. Capabilities include, but are not limited to:

• Mobile engagement for contextual notifications, including appointment reminders
• Real-time “blue dot” indoor positioning, including mapping, navigation and wayfinding
• Beacon Maintenance to ensure optimal LBS performance
• Epic MyChart integration with Face ID biometric login medical record access
• Mobile bill pay
• Staff directory
• Analytics
  

Click here to learn more about how Phunware facilitates digital transformation in healthcare by enabling a digital front door for any hospital, clinic or medical organization.

Safe Harbor Clause and Forward-Looking Statements                  

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

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By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://phunware.com and follow @phunware on all social media platforms.

Phunware PR & Media Inquiries:

Email: PRESS@phunware.com
Phone: (512) 693-4199

Phunware Investor Relations:
Matt Glover and John Yi
Gateway Investor Relations
Email: PHUN@gatewayir.com
Phone: (949) 574-3860

FAQ

What is Phunware's recent contract expansion related to?

Phunware expanded its contract with VHC Health to enhance Location Based Services at the new Outpatient Pavilion.

How does Phunware's technology improve patient experience?

Phunware's technology offers features like indoor positioning, appointment reminders, and mobile bill pay, enhancing patient interactions.

What awards has VHC Health received?

VHC Health has received the Healthgrades Outstanding Patient Experience Award™ and a consistent ‘A’ grade from The Leapfrog Group.

What is the purpose of Phunware's digital front door?

The digital front door aims to streamline healthcare interactions and provide a cohesive experience for patients and staff.

What is the stock symbol for Phunware?

Phunware is traded under the stock symbol "PHUN" on NASDAQ.