Sift Healthcare

We're thrilled to announce that Sift is collaborating with Solventum to launch the AI-driven Solventum Revenue Integrity System. This industry-first solution is designed to help health systems predict and prevent clinical denials, ensuring more timely and accurate payer reimbursement. We’re incredibly excited about our work with Solventum and our teams' innovation, and we are proud of the impact this solution will have on healthcare providers. #RevenueCycleManagement #HFMA #healthtech Read the full announcement:

🎉 🎉  Sift is excited to announce the successful close of our $20M Series B funding round! This is a significant milestone for Sift and underscores the growing confidence and impact of AI-powered solutions in healthcare revenue cycle management. Our Series B was led by B Capital with the support of our Series A investors, Allos Ventures, First Trust Capital Partners, and Rock River Capital Partners, LLC. This investment will fuel Sift’s efforts to scale and advance our industry-first Payments Intelligence Platform, which empowers healthcare organizations to work smarter, protect their margins, and accelerate cash. We are incredibly grateful to our dedicated Sift team, investors, and partners for their hard work and continued support on this journey. #HealthTech #AI #revenuecycle 

DENIALS. The overwhelming consensus for revenue cycle's top challenge https://lnkd.in/gFaqkrTv

Sift's Founder & CEO, Justin Nicols, on why takebacks are complex denials -- and where Sift's ML and advanced analytics can help. #hfma #healthcarefinance

From tracking to navigating and reporting, takebacks pose unique challenges for healthcare providers. Their fast rise (up 200%!) means proactively addressing them is essential to protecting reimbursement.

Denials are a major and unrelenting pain point for #healthcare systems across the US. Sift’s annual review of claims and remittance data provides actionable analytics that help #revenuecycle teams identify the root causes of denials to drive prevention and improve follow-up. Download your copy of Sift's Denials Insights Report today for 11 key denial insights that will help your organization accelerate reimbursement, track payer behavior, and reduce denials. https://bit.ly/3Hya7aB

Ready to make a significant impact on the future of healthcare payments? Sift is looking for a Director of Product Management to help develop our groundbreaking denials prevention solutions. We’re looking for a seasoned product leader with a technology-led process improvement background and experience with the healthcare revenue cycle. Interested or know a good fit? Send them our way! https://lnkd.in/ga9fxRH3 #hiring #revenuecycle #healthtech

A recent audit uncovered a startling $632,070 in overpayments to Aetna due to miscoded diagnosis codes. Extrapolated, this adds up to at least $25.5 million over two years. This highlights the urgent need for tools that detect issues in workflows before claims are created to 🚀 Identify High-Risk Codes 🔄 Streamline Workflows 💰 Save Costs Sift's Rev/Protect solution leverages #machinelearning within clinical workflows to predict denials and drive prevention. https://lnkd.in/g-U863dc #HealthTech #HFMA #AI

How much difference would accurate reimbursement predictions make to your revenue cycle? What if you could: ➡ Predict the likelihood that an account will result in a denial before claim creation, and the clinical actions that could prevent the denial ➡ Predict the likelihood of overturning a denied claim ➡ Predict the incremental dollars gained from working a denied claim ➡ Identify the denials unlikely to be overturned or paid, flagging them for automation workflows or outsourcing ➡ Predict the likelihood of a patient payment ➡ Predict the timing and amount of a patient payment ➡ Understand the most effective contact method for each patient Download our new whitepaper to learn how Sift leverages #AI and #MachineLearning to help healthcare providers improve margins and gain payer agility. https://lnkd.in/gnR68gpp