Suki raises $20 million to reduce physician burnout

Suki , which offers a voice-enabled digital clinical assistant, announced it has closed a Series B funding round of $20 million, bringing its total funding to $40 million. New investor Flare Capital Partners led the round, which also includes new investors Breyer Capital and Epsilon Health, as well as returning investors First Round Capital and Venrock.

Established in 2017, Suki uses natural language processing and machine learning to create clinically accurate medical notes and quickly completes administrative tasks such as retrieving patient information from the electronic health record (EHR).

“It’s clear that physician burnout caused by documentation and administrative burden is a crisis in medicine, which is why we’ve seen such enthusiastic adoption of our technology to date and will continue this momentum with the support of our investors. Suki not only delivers a better physician experience, but also supports high-quality, coordinated care and improved coding and billing through its accurate, detailed medical notes.” – Punit Soni, founder and CEO of Suki.

The digital assistant claims to have lowered physicians’ average time per note from more than 13 minutes to just over 3 minutes. Also, it has been shown to decrease claims denial rates by up to 19% by generating highly detailed clinical documentation, which is critical to health systems’ and medical groups’ revenue.