XiFin backs Notable Systems' Series B to build agentic AI for healthcare billing
What's the deal? XiFin, an AI-driven revenue cycle management (RCM) provider, has made a strategic investment in Notable Systems' Series B round. The two also announced a multi-year alliance to build agentic AI capabilities for healthcare billing workflows.
What do they do? Notable Systems develops agentic AI automation for healthcare revenue cycle operations. Its clients include OrthofixDealroom has a profile for this one. Try Dealroom →, National Seating & MobilityDealroom has a profile for this one. Try Dealroom →, and Advanced Diabetes SupplyDealroom has a profile for this one. Try Dealroom →, a subsidiary of Cardinal HealthDealroom has a profile for this one. Try Dealroom →.
What's the endgame? XiFin will integrate Notable's document intelligence into its Empower AI RCM ecosystem, which spans patient registration, eligibility verification, clinical documentation, billing, payment, and appeals. Notable's agents will handle unstructured information — requisitions, prescriptions, medical records, and payer correspondence — that typically requires labour-intensive processing.
Why now? Notable is realigning to focus resources on the largest RCM platforms and providers, deepening its engineering, innovation, and embedded delivery capabilities. The alliance targets document-intensive workflows in diagnostic, pharmacy, and medical device billing.
"XiFin's participation in our Series B is a meaningful vote of confidence in our team and our technology," said Steve Johnson, chief executive officer and co-founder of Notable Systems.
Lâle White, executive chair and chief executive officer of XiFin, said the deal reflects "XiFin's continued leadership in shaping the next generation of intelligent revenue cycle management."
The signal: The tie-up points to where healthcare billing is heading — from automating discrete tasks to deploying AI agents that read documents, decide, and act inside existing operations. By pairing an established RCM platform with a specialist AI developer, both firms are betting agentic automation becomes standard in high-value, high-complexity billing.
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