Notable, which makes RPA-based tools to speed up healthcare admin, raises $100M at a $600M valuation

Timing is everything in healthcare — yet too often diagnoses, treatments and procedures are held up by paperwork, administrative red tape between patients, clinicians, carers, bookkeepers, insurance companies and others in the chain of relationships that needs to be processed before steps can be taken. Today a startup called Notable, which is building automation systems to help move that along, is announcing a growth round of $100 million as it finds a ready market for its technology among hundreds of customers, including large networks like Intermountain Healthcare and CommonSpirit Health to cut through the immense amount of what Pranay Kapadia, Notable’s co-founder and CEO, describes as “administrative overhead.”

“The healthcare industry on average has $1.1 trillion in...

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