7/26/2023 0 Comments Notable 100m series iconiq growth![]() Notable is the leading intelligent automation company for healthcare. “With its intelligent automation platform, Notable is empowering providers and modernizing patient experiences while reducing the administrative burden and cost of care.” “We are delighted to partner with Notable to accelerate their vision for a future where every healthcare organization can deliver the highest quality personalized care most efficiently,” said Caroline Xie, General Partner at ICONIQ Growth. Notable plans to use the funds to expand access to its platform to more healthcare providers, while enhancing platform capabilities to further increase partners’ return on investment. “By automating administrative tasks that clinicians are required to perform, Notable empowers us to practice at top of license and better serve patients in our communities.” Nicholas Desai, Chief Medical Information Officer at Houston Methodist. “Physicians today spend more time in front of their computer than in front of patients,” said Dr. “We’ve seen a 97 percent patient satisfaction rating from our partnership with Notable by digitizing and automating patient registration, intake and billing workflows.”įor clinicians, Notable automates administrative tasks like writing clinical documentation or adding billing codes, empowering them to spend more time on patient care. “Offering a differentiated, state-of-the-art patient experience is core to our mission,” said Ryan Smith, Chief Information Officer at Intermountain Healthcare. ![]() This eliminates the need for staff to support these workflows with manual phone calls, legacy paper forms, and repetitive data entry. Patients are automatically notified when their provider needs information and can provide everything required through an intuitive digital interface. With a unified digital patient experience, Notable empowers providers to automate patient interactions from scheduling and registration to post-visit follow-up and payment collection. The platform leverages digital assistants to perform these workflows by clicking into fields, updating records, and uploading documents. Common examples include collecting patients’ pre-visit registration information, submitting a prior authorization request, or reaching out to patients who are overdue for care. Notable’s platform leverages AI to continually scan providers’ electronic health record systems (EHRs) and other applications, identifying automated workflows to perform. “This investment accelerates the execution of our vision to digitally transform and enrich patient-provider interactions with intelligent automation.” “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.
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