Sift Healthcare Raises $20M in Series B Funding to Expand AI-Driven Healthcare Payment Solutions.
Sift Healthcare provides AI-powered healthcare payment solutions that help healthcare providers leverage their payments data to enhance revenue cycle efficiency and optimize payment outcomes.
Company Name: Sift Healthcare
Location: Milwaukee, WI
Sector: Healthcare Technology
Funding Details: Raised $20M in Series B funding, led by B Capital, with participation from Allos Ventures, First Trust Capital Partners, and Rock River Capital.
Purpose of Investment: To prioritize team expansion and technology investments in artificial intelligence as it grows its platform.
Leadership: Led by Justin Nicols, Founder and CEO.
Product: Provides a healthcare payments analytics and data science platform offering solutions like RevProtect, which aids in improving accuracy, preventing clinical denials, and reducing avoidable write-offs through real-time guidance within clinical workflows.
About Company: Sift Healthcare provides AI-powered healthcare payment solutions that help healthcare providers leverage their payments data to enhance revenue cycle efficiency and optimize payment outcomes.