![]() “Healthcare faces a staffing crisis, and overwhelming administrative burden challenges providers’ ability to deliver high-quality, affordable care and world-class patient experiences,” said Pranay Kapadia, co-founder and CEO of Notable. By automating across the care continuum for patients, providers and staff, Notable enables comprehensive digital transformation of every healthcare workflow, modernizing how patients receive care. ![]() Notable provides the most widely adopted platform for automating these workflows, using AI to perform millions of tasks every week on behalf of clinicians and staff - eliminating more than 700 hours of administrative work per clinician per year. Healthcare delivery involves repetitive, manual workflows that account for over $1 trillion in administrative costs per year and compromise the patient experience. The financing follows rapid adoption of Notable’s platform across hundreds of sites of care. Notable, the leading intelligent automation company for healthcare, today announced a $100M Series B funding round led by ICONIQ Growth, including participation by Greylock, F-Prime Capital, and Oak HC/FT. "Add a labor shortage also and there is an amazing juncture in healthcare where the systems need to upgrade and people want digital so we'll need to grow to keep up with demand.The latest funding round will accelerate adoption of industry-transforming technology to improve clinical outcomes and reduce the cost of care. "The pandemic hit and it was profound how quickly the patient expectation changed to want touchless and virtual, personalized care," Kapadia added. The round takes Notable to $119.2 million raised to-date. The Series B funding round was raised preemptively and alongside Iconiq also saw participation from Greylock Ventures, Oak HC/ FT, and F-Prime. Kapadia told Insider that the more work the company does, more areas of potential growth emerge, meaning that this latest tranche of funding will be primarily deployed in R&D. The San Mateo company helped organise COVID-19 vaccinations by automating the process by which federal or local healthcare systems identified the right people to offer their dose and when. "The process of healthcare administration can go through 25-30 people so we want to create the only platform that digitizes the patient experience to streamline this." "Healthcare is, unlike fintech, innately human, most people engaging with systems are ill or sick so our focus is on the patient experience and what that looks like," Pranay Kapadia, CEO and cofounder of Notable, told Insider. ![]() The platform can conduct reviews of medical and family history as well as verify a patient's insurance. Notable claims its system can also automate workflows for both clinicians and medical assistants. The startup's platform aims to save hundreds of hours of human processing and works with US health systems like Intermountain Health and CommonSpirit. The California-based company, which was founded in 2017, uses a mix of robotic process automation (RPA), natural language processing (NLP), and machine vision to improve workflows in the health sector. Notable, a healthcare startup that aims to automate everything from patient registration to appointment reminders, has raised $100 million from Airbnb and Zoom-backer Iconiq Growth. Notable's tech aims to automate workflows across the healthcare sector. ![]() The fresh funds were raised in a round led by Airbnb and Zoom-backer Iconiq Growth.Healthcare administration startup Notable Health has raised $100 million in a Series B round.Account icon An icon in the shape of a person's head and shoulders. ![]()
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