![]() ![]() Notable help them in automating their processes such as scheduling patients, check-in to post, visit follow-up, and many more. ![]() Many care sites, such as Intermountain Healthcare and CommonSpirit Health, are already in partnership with Notable. The investment raised is basically focused on using AI efficiently and effectively in the healthcare sector to improve patient care and streamline processes. The main motive behind this is to improve the health care sector and yield a higher return on investment at the same time. Furthermore, the company is also looking forward to expanding the health care facilities and raising its quality standards along with quantity. The company states that the funding was raised for the purpose of introducing AI in the health sector so that the sector can blossom in the upcoming future. There were several investors also who took active participation in the funding round namely Greylock, Oak HC/FT, and F-Prime. The investment round was led by one of the great investors, ICONIQ Growth, one of the leading wealth management and investment companies. And last month, healthcare AI company announced it is partnering with the University of Minnesota Medical School to enhance diagnostics.Notable, one of the recognized intelligent automation companies which always aims at improving health care, announced that it received an amount of $100 million in its series B funding round, and due to this now Notable’s valuation is above $600 million. This week, the Massachusetts AI and Technology Center for Connected Care in Aging and Alzheimer’s Disease opened in part through a $20 million grant. Notable's funding round and subsequent platform upgrades are part of AI's growing presence in the healthcare sector. Notable’s platform uses digital assistants to scan providers’ electronic health record systems and other applications to identify automated workflows to perform, including collecting patients’ pre-visit registration information, submitting a prior authorization request or reaching out to patients who are overdue for care. “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 the overwhelming administrative burden challenges providers’ ability to deliver high-quality, affordable care and world-class patient experiences,” said Notable Co-founder and CEO Pranay Kapadia. By harnessing artificial intelligence (AI), Notable said its platform can perform millions of tasks each week in place of clinicians and staff, saving more than 700 hours of administration work per clinician each year on tasks such as writing clinical documentation or adding billing codes. Healthcare organizations leverage the Notable platform to automate repetitive, manual workflows, including scheduling, registration, post-visit follow-up and payment collection. In addition, the company plans to improve its platform capabilities, per the announcement. Notable has earmarked the funds to expand access to its platform to more healthcare providers. Led by ICONIQ Growth, the round saw participation from Greylock, F-Prime Capital and Oak HC/FT. Healthcare automation company Notable has raised $100 million in a Series B funding round, according to a Wednesday (Nov.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |