Finance
The Tennessee-based company has regained compliance with the bid price requirement to remain listed on the NASDAQ.
The company also seeks to sell its U.K. business to third parties, exit the U.S. market and continue trying to sell Meritage Medical Network.
The company reported second-quarter revenue of $18.5 million with a net loss of $28.7 million, alongside operating expenses totaling $42.2 million.
Informa Markets will manage the massive health technology conference, while HIMSS will continue overseeing content and programming.
The purchase comes on the heels of the surgical navigation platform's $82.5 million Series D raise in June.
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.
The New York-based company reported a 10% increase in revenue, boosted by an 18% gain from BetterHelp to $292.4 million.
GenHealth AI, maker of what it calls a large medical model, and senior-focused startup K4Connnect also secured investment.
The health tech giant reported $4.8 billion in revenue, a 7% growth year-over-year, and increased profit expectations for 2023.