Gozio Health Announces Financial Partnership with Morgan Stanley Expansion Capital
30 Março 2022 - 12:00PM
Business Wire
Partnership is expected to fuel future growth initiatives and
extensibility of mobile patient engagement platform
Gozio Health, an industry-leading location-aware mobile patient
engagement platform, announced the closing of an investment from
funds managed by Morgan Stanley Expansion Capital. The investment
round will be used to accelerate Gozio's growth and sets the stage
for a long-term financial partnership.
“We are at a turning point in healthcare where digital strategy
is not only a competitive differentiator for health systems but is
foundational to positive consumer experiences. An effective digital
platform can enhance engagement with patients, prevent revenue
leakage and increase overall patient satisfaction,” said Joshua
Titus, Founder and CEO of Gozio. “With the strong support of Morgan
Stanley, Gozio is poised to substantially ramp up efforts to equip
health systems with the kind of robust, extensible platform needed
to optimize digital engagement.”
Gozio’s mobile patient engagement solution provides health
systems with a turnkey digital front door, offering a unified
platform which integrates HCIT applications, including physician
directories, appointment scheduling, EHR and patient record access,
into an easy-to-use mobile application. Gozio’s solution also
leverages the Company’s patented, industry-leading wayfinding
technology to provide real-time, turn-by-turn directions to
patients and staff.
“The consumerization of healthcare is driving hospitals and
health systems to increasingly focus on patient experience and
engagement. Gozio offers a solution that helps patients not only
navigate the physical network of the health system, but also
provides patients mobile access to the services, information and
applications necessary to engage patients in their own care,” said
Melissa Daniels, Managing Director at Morgan Stanley Expansion
Capital. “We believe Gozio’s digital front door and wayfinding
technology provide a compelling value proposition by enhancing the
personal end-to-end consumer experience within the network of the
health system. We are thrilled to be partnering with Joshua and the
Gozio team to support the Company as it continues on its growth
trajectory.”
Gozio will use the funding to expand its client base among
leading health systems, grow its client services and engineering
teams, and advance the extensibility of its platform to support a
digital health ecosystem.
About Gozio Health
Gozio Health offers an end-to-end, customizable digital health
platform exclusively for healthcare systems. Gozio’s extensible
mobile platform enables seamless consumer interactions and provides
an anytime, anywhere connection to patients that improves their
overall experience and access to care. Popular patient engagement
features include patented indoor wayfinding with turn-by-turn
navigation, virtual visits, physician directories, appointment
scheduling, access to electronic health records, Urgent Care and
Emergency Department wait-times, and extensive analytics
capabilities. Gozio customers surveyed in a 2021 KLAS Research
Emerging Technology Spotlight report found 100% satisfaction and
improved experience for patients and staff. For more information,
watch the video or visit www.goziohealth.com or find Gozio Health
on Twitter and LinkedIn.
About Morgan Stanley Expansion Capital
Morgan Stanley Expansion Capital is the growth-focused private
investment platform within Morgan Stanley Investment Management.
Morgan Stanley Expansion Capital targets growth equity and credit
investments within technology, healthcare, consumer, digital media
and other high-growth sectors. For over three decades, Morgan
Stanley Expansion Capital has successfully pursued growth
investment opportunities and has completed investments in over 200
companies, leveraging the global brand and network of Morgan
Stanley. For further information about Morgan Stanley Expansion
Capital, please visit
www.morganstanley.com/im/expansioncapital.
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version on businesswire.com: https://www.businesswire.com/news/home/20220329006074/en/
Media: Derek Clark Innsena for Gozio Health
gozio@innsena.com
Jessica Ong Morgan Stanley Jess.Ong@morganstanley.com
Morgan Stanley (NYSE:MS)
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