Business
The round brings the virtual care company's total raise to $205 million.
Informa Markets will manage the massive health technology conference, while HIMSS will continue overseeing content and programming.
The company utilizes machine learning and patient data to deliver personalized medication management pertaining to polypharmacy.
The purchase comes on the heels of the surgical navigation platform's $82.5 million Series D raise in June.
The Frontier Model Forum will identify best practices for responsible AI development, including supporting the creation of applications geared toward early cancer detection.
It expects continued long-term growth in the demand for virtual care services post-pandemic.
The company will use the investment to fuel the expansion of Paradigm,its FDA-cleared, AI-enabled surgical navigation platform.
The company reported a 19% increase in revenue in the second quarter of this year compared to the prior year, driven by an 82% increase in B2B revenue.
Powered by Amazon Bedrock, AWS will now offer artificial intelligence to quickly create clinical notes that can be added to EHRs. A new imaging service, meanwhile, could help reduce costs compared to self-managed infrastructure.
The Experience Cube platform will employ the tech giant's cloud computing services to create a more personalized experience for Blue Shield's members.