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Phunware shares rise as its digital front door solution is recognized by AVIA

Published: 15:24 19 Mar 2020 EDT

Phunware Inc -
Phunware says its Multiscreen-as-a-Service (MaaS) platform helps patients and clinicians demystify the healthcare journey for both families and staff

Phunware Inc (NASDAQ:PHUN) revealed that its digital front door mobile app has been recognized as an AVIA vetted product this month, sending shares higher.

The Phunware solution helps bridge the gap between hospitals and patients and provides an end-to-end mobile solution serving patients, visitors and staff.

READ: Phunware finds new customer in one of US' largest health systems

Over the last five years, AVIA has worked with leading health systems to accelerate their digital strategies.

Its health system members can now access an expanded ecosystem of resources to improve digitally-enabled health in communities worldwide

"Phunware is honored to have an AVIA Vetted Product, which will allow us to connect with over 25 distinguished health systems who are committed to digital transformation in a mobile-first world,”  Randall Crowder, chief operating officer of Phunware, told investors in a statement.

"We look forward to this partnership with AVIA as we continue to offer health systems an enterprise-wide, best-in-class digital front door."

Phunware says its Multiscreen-as-a-Service (MaaS) platform helps patients and clinicians demystify the healthcare journey for both families and staff.

MaaS enables feature-rich mobile application solutions for healthcare providers to better engage their patients, while optimizing both operational and staff efficiencies, lowering costs and boosting revenue.

Key market differentiator

A key market differentiator for MaaS customers is the ability to deliver a true 'digital front door' through Phunware’s patented Location Based Services software and beacon management solution, said Phunware.

The firm has pioneered Multiscreen-as-a-Service (MaaS) -- a 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.

Shares added over 8% to US$0.87 in New York

Contact the author at giles@proactiveinvestors,com

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