Sift Healthcare Raises USD9M in Series A Funding

Sift Healthcare

Sift Healthcare, a Milwaukee, WI-based healthcare payments analytics and data science company, raised USD9M in Series A funding.

The round was led by Allos VenturesĀ andĀ First Trust Capital Partners, with participation fromĀ Rock River Capital PartnersĀ and theĀ Winnebago Seed Fund.

The company intends to use the funds to accelerate sales of its denials management and patient payment solutions and launch its mid-cycle denials prevention solution.

Led by CEO Justin Nicols, Sift Healthcare is a data science company enabling increased patient payment and payer reimbursement for healthcare providers.- Its Payments Intelligence Platform, machine learning integrations and Rev/Track Insights Suite enable healthcare providers and payers to fully leverage their payments data to accelerate insurance reimbursement, improve patient payment strategies and optimize revenue cycle efficiency.