Milwaukee-based startup Sift Healthcare announced today that it has closed on its $20 million series B funding round.

The news comes a little over a year after the company completed a $6.75 million Series A funding round.

Founded in 2017, Sift Healthcare has developed technology that uses artificial intelligence to analyze health care payments, to help health care providers determine a patient’s propensity to pay and the optimal bill amount to provide patients based on their ability to pay.

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