Milwaukee-based startup Sift Healthcare has completed a Series A funding round worth $6.75 million following an additional strategic investment made by Dallas-based IKS Health.

Sift Healthcare initially raised $4.75 million prior to a $2 million investment from IKS Health, according to filings with the Securities and Exchange Commission.

Sift Healthcare has developed technology that uses artificial intelligence to analyze health care payments. With these insights, health care providers can predict a patient’s propensity to pay and the optimal bill amount to provide patients based on their ability to pay.

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