Sift healthcare, founded in 2017, is a Milwaukee-based healthcare payments analytics and data science company. Its Payments Intelligence Platform, machine learning integrations, and Rev/Track Insights Suite enable healthcare providers and payers to leverage their payments data to optimize revenue cycle efficiency. The company's AI-powered solutions drive interventions that enable more accurate reimbursement from insurance payers, optimize patient payments through flexible options, and guide decisions around revenue cycle operations.
Sift's platform unifies and normalizes providers' clinical, coding, and payments data, tying clinical inputs to financial outcomes. This data set powers machine learning models that predict adverse payment outcomes, deliver workflow alerts and recommendations, and determine patient cost responsibility upfront, facilitating pricing transparency. In March 2023, Sift launched its Payments Intelligence Co-Pilot, RevProtect, which provides real-time guidance within clinical workflows to improve documentation accuracy, prevent denials, and reduce write-offs.
In May 2024, Sift announced the acquisition of Zelis healthcare's denial prioritization and patient payment solutions, integrating them into its platform. This acquisition expanded Sift's suite of revenue cycle solutions focused on denial prevention and patient financial engagement.
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