Sift Healthcare

Sift Healthcare brings data science to healthcare payments, providing a new level of payments intelligence and powerful optimizations for the revenue cycle.

[Sift Healthcare @MdSift]

Pondering... How will payers respond to the ongoing spike in utilization rates? Will there be a downstream effect -- increasing denial rates at health systems and hospitals?
https://t.co/hf5m24SLlK

[Sift Healthcare @MdSift]

Join Sift and Penrod at 11am EST on 5/24 for a webinar showing how #revenuecycle leaders generate 8x returns using advanced analytics and machine learning to prioritize denials workflows, prevent denials and manage payer lag. https://t.co/f3uEfrOhlK #salesforce #healthtech

[Sift Healthcare @MdSift]

Crowe’s May 2023 RCA benchmarking analysis notes that nearly 15% of every dollar billed is subject to scrutiny and challenges, demanding expensive admin efforts. $0.08 of every $1 billed to commercial payers may never be received or could be retracted.

https://t.co/G2ys7xdmJP

[Sift Healthcare @MdSift]

Health systems are laser-focused on managing denials, but still they persist (and increase). Denials rose to 11% of all claims in 2022, up nearly 8% from 2021, which is 110,000 unpaid claims for an average-sized health system.

https://t.co/VFeUD9g7Q8

[Sift Healthcare @MdSift]

Join us for a webinar on May 25th at 11am ET, exploring how leading health systems use actionable analytics and ML to optimize revenue cycle workflows, accelerate payer reimbursement and prevent denials. Register now: https://t.co/sn3kUjX1As

[Sift Healthcare @MdSift]

A discussion around providers' struggle with documentation-related denials. These denials, while most often overturned, cause delays in submission and payer processing, meaning delayed cash recovery.

https://t.co/8nyjIvVcFL

[Sift Healthcare @MdSift]

We're thrilled to welcome Karen Dillard as the new Executive Director of Sales at Sift Healthcare! With over 25 years of experience in healthcare services and technology sales, Karen brings a wealth of knowledge and expertise to the team. Welcome Karen!

[Sift Healthcare @MdSift]

The relationship between a provider and a payer organization rests on proactive communication—like any business relationship does—but what if that relationship seems one-sided?

https://t.co/6YfDlVI5If

[Sift Healthcare @MdSift]

Exciting news! Jon Looney has joined Sift as Director of Customer Experience & Partnerships. With 20+ years experience in #healthtech and partnership development, Jon will lead our teams to provide the best customer experience and build strong relationships with our partners.

[Sift Healthcare @MdSift]

88% of #healthcare organizations are looking to adopt AI tech for the #revenuecycle. Few know where to start. Sift's free Implementation Guide for the Revenue Cycle maps out the essential steps to implementing meaningful #AI tools at your organization:
https://t.co/IMHj9TDgKS

[Sift Healthcare @MdSift]

Sift is hiring! We're looking for an enthusiastic and creative BI Analyst to join our #analytics team. If you know a good fit, send them our way:
https://t.co/kP5eQp13Qk

#healthtech

[Sift Healthcare @MdSift]

Curious about #revenuecycle leaders using #machinelearning to drive patient financial engagement? Join Sift, @VUMChealth & @StateCollects on Wed., 4/19 at 11am CST for a look at how VUMC is leverages #ML to deliver individualized payment plans to patients.
https://t.co/zh2aKzIafc

[Sift Healthcare @MdSift]

Need lunch plans for tomorrow? Join Sift on this sure-to-be thought-provoking @BeckersHR webinar around the ups, downs, use cases and best practices for using #AI in the #revenuecycle - Wed., April 12th | 12:00 PM CT

https://t.co/kp9e6LQKUp

[Sift Healthcare @MdSift]

#Healthcare providers are doing their best to manage their data and follow ever-changing rules, but at the end of the day, they're still just at the mercy of payers.

https://t.co/NquNjg7v0l

[Sift Healthcare @MdSift]

There is a growing value (and necessity) in proactively offering patients flexible payment arrangements. To do this well, health systems need advanced patient payments analytics, segmentation and workflow optimizations.

https://t.co/FK2rNIpq1C

[Sift Healthcare @MdSift]

78% of health system leaders are looking to AI to help with revenue cycle management processes.

https://t.co/NwMZPsffm8

[Sift Healthcare @MdSift]

But what if health systems had a proactive view on payer reimbursement trends, #ML to flag likely denials before claims are created, and intelligent denials prioritization tools? (Sift levels the playing field for #healthcare providers)

https://t.co/j1C3yTUaHy

[Sift Healthcare @MdSift]

The US healthcare system spent $60B on nine common administrative tasks in 2022, most of which can be better managed with #AI-based tools -- and many centering around denials preventions and workflow optimization. #revenuecyclemanagement

https://t.co/Qi1tlIa9IH

[Sift Healthcare @MdSift]

When it comes to authorization denials, CARC 197 is a persistent pain point for denials prevention and management. This singular code has multiple root causes, which we break down in our 2022 Denials Insights Report. https://t.co/obAbB7tsy4

[Sift Healthcare @MdSift]

~30% of all the world's #data volume is generated by the #healthcare industry. By 2025 the compound annual growth rate for health data will be 36%. Leveraging this data is an incredible and essential opportunity (and challenge) for health systems.

https://t.co/izVpvz56yW