Artificial Intelligence | Machine Learning Sift Healthcare | AI for Healthcare Payments


Enterprise, Data-Driven Revenue, Healthcare Facilities & Hospitals, Denials Management, Payment Data Milwaukee, Wisconsin, United States

Sift Healthcare

Artificial Intelligence | Machine Learning


Sift Healthcare | AI for Healthcare Payments

Sift Healthcare

Data-Driven Revenue, Healthcare Facilities & Hospitals, Denials Management, Payment Data


Milwaukee, Wisconsin, United States

Sift equips healthcare providers and revenue cycle managers with a complete payments analytics platform making it easy to visualize and understand payment trends, prioritize RCM workflows and accelerate cash flow. Sift improves data clarity and optimizes the financial performance of the entire revenue cycle continuum. Meaningful insights help reduce denials, increase patient payments, maximize reimbursements and reduce time and cost to collect.

Sift captures insurance claims and patient financial data into a HIPAA-compliant, cloud-based and normalized database, providing a single source of truth for your healthcare payments. Sift fills the gaps between a provider’s EHR, clearinghouse,  workflow tools, and patient engagement platform. Sift unifies the data points from each system to build a unique and proprietary data set and provide holistic payments oversight. By applying multiple data science techniques, Sift provides comprehensive and integrated recommendations for denials management, payer assessment, patient collections, and patient acquisition. Sift’s claim analytics find that 86% of collectible denial dollars can be found in 25% of claims. We identify what claims your teams should work with and in what order. The 10% of patients least likely to pay their bills account for 50%+ of outstanding patient payment bills and pay less than 5% of their bills. Sift claims analytics find that 40% of total patient payment write-off dollars can be found in 10% of accounts.

Sift Healthcare provides advanced decision support solutions for managing the increasingly complex healthcare revenue cycle. Sift provides insights necessary to accelerate insurance payments, reduce overall denials, increase patient responsibility collections, monitor payer contracts and drive smarter workflows. Sift Healthcare fills the analytic gaps of traditional vendor solutions.

 

B2B

26 to 50

Series A

$16M

Scaling Up

2017

 
 

Health Care Facilities & Hospitals
Accounting

Identify Valuable Claim Denials

Increase Efficiency
Increase Productivity

 
 

Analytics
Service
Sales

Yes

Active

 
 

   Machine Learning


Real-Time Healthcare Payments Intelligence

Real-Time Healthcare Payments Intelligence


Text

Text

Structured

Structured

 

   Software


Docker

Docker

Kubernetes

Kubernetes

GitHub

GitHub

HBase

HBase

Spark

Spark

AWS

AWS

Hadoop

Hadoop

Mern Stack

Mern Stack

Python

Python


Deep Learning Algorithm

Deep Learning Algorithm

Machine Learning Algorithm

Machine Learning Algorithm

 
 

View All

View All AI/ML Jobs

Senior Data Engineer

Milwaukee, Wisconsin

 

AI/ML Professionals

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4

1

$9M

Company was founded 2017 and it took almost 5 years (Jul 2022) to raise first external round

 
 

Date

Round

$ Raised

Investors

07/18/2022

Series A

$9M

Allos Ventures, First Trust Capital Partners, Rock River Capital Partners, Winnebago Seed Fund

Date : 07/18/2022

Round: Series A

$ Raised: $9M

Investors: Allos Ventures, First Trust Capital Partners, Rock River Capital Partners, Winnebago Seed Fund

 

Investors

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Justin Nicols


Justin Nicols
Founder & CEO

Doug Harvey


Doug Harvey
CIO

Bob Hoyler


Bob Hoyler
COO

Bethany Grabher

Bethany Grabher
Head of Marketing/CMO

 
 

Potential Customers

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