
Sift Healthcare provides a Payments Intelligence Platform that equips healthcare organizations to optimize their financial performance across the entire revenue cycle. Their solutions focus on data-driven decision-making for revenue cycle management, including denial prevention, prediction, and workflow prioritization, as well as integrated patient financial engagement intelligence. Key products include Denials Management, Patient Payments, Unified Payments Intelligence, and Rev/Track for automated reporting. Sift unifies and normalizes healthcare payments data from various sources, applying data science techniques to provide actionable insights for improving revenue cycle operations. The company highlights significant data findings, such as identifying that 86% of collectible denial dollars can be found in 25% of claims, and that a small percentage of patients account for a large portion of outstanding bills. Working with Sift is described as simple and affordable, with a model that scales with business needs.

Sift Healthcare provides a Payments Intelligence Platform that equips healthcare organizations to optimize their financial performance across the entire revenue cycle. Their solutions focus on data-driven decision-making for revenue cycle management, including denial prevention, prediction, and workflow prioritization, as well as integrated patient financial engagement intelligence. Key products include Denials Management, Patient Payments, Unified Payments Intelligence, and Rev/Track for automated reporting. Sift unifies and normalizes healthcare payments data from various sources, applying data science techniques to provide actionable insights for improving revenue cycle operations. The company highlights significant data findings, such as identifying that 86% of collectible denial dollars can be found in 25% of claims, and that a small percentage of patients account for a large portion of outstanding bills. Working with Sift is described as simple and affordable, with a model that scales with business needs.
What they do: Payments intelligence platform (RevProtect) for healthcare revenue cycle optimization using ML
Founded / HQ: Founded 2017; Milwaukee, Wisconsin
Team size: Approximately 46 employees
Latest funding: Series B closed May 9, 2024; reported total funding ~$36.04M
Healthcare revenue cycle management; denial prevention, payment prediction, workflow prioritization, and patient financial engagement intelligence.
2017
Healthcare / Health IT / Revenue Cycle Management
Series B announced/closed May 2024 with participation from Rock River Capital Partners, First Trust Capital Partners, and Allos Ventures
“B Capital led Series B; participation from Rock River Capital Partners, First Trust Capital Partners, and Allos Ventures”