Today is an exciting milestone for Sift as we’re proud to announce the completion of Sift Healthcare’s $9 million Series A fundraising round, led by Allos Ventures and First Trust Capital Partners. Funding supports the accelerating sales of our denials management and patient payment products and the launch of our mid-cycle denials prevention solution.
AI can drive payments and cut waste, but where do you start? Download our roadmap for healthcare executives, AI for the Healthcare Revenue Cycle, a free and unbiased implementation guide.
Automation (RPA) makes the revenue cycle more efficient — saving time and decreasing errors. While this is an improvement for health systems and hospitals RPA efficiencies are one-dimensional. Fully optimizing the revenue cycle and getting the most out of AI (including RPA) requires a clear and holistic view of payments, an understanding of the full lifecycle flow of claims.
Sift Healthcare is proud to be participating in AVIA's 25% challenge, aimed at helping US health systems adopt digital technologies that will reduce the notorious administrative waste in healthcare.
At Sift Healthcare we have seen time and time again that healthcare leaders are clear on care. When we talk to healthcare leaders, from CFOs and VPs of Revenue Cycle to CTOs and Chief Innovation Officers, they always start and end with care. Even the revenue cycle has to advance the mission around patients and care.
Hats off to the Chief Innovation Officers. 97% of health systems that have Chief Innovation Officers also had positive operating margins. For healthcare providers, a commitment to innovation and strategic change improves the quality of care, patient experience and financial performance.