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Parasail Health, which rebranded to Sift Healthcare in March 2023, is a company focused on improving the healthcare payments experience for both patients and providers. Initially, Parasail Health aimed to make healthcare more affordable through patient financing options and transparent billing. As Sift Healthcare, the company leverages artificial intelligence (AI) and machine learning to provide advanced revenue cycle management (RCM) solutions. Their platform offers data-driven insights, automates payment workflows, and enhances patient financial engagement, helping healthcare organizations reduce bad debt, improve collection rates, and streamline operations. The core mission is to bring greater clarity, efficiency, and intelligence to healthcare payments.
The Milwaukee headquarters serves as the central hub for all company operations, including research and development of its AI-powered platform, software engineering, sales, marketing, customer support, and corporate administration.
Likely a modern office space within a commercial district, designed to foster collaboration and innovation, equipped with facilities to support a technology-driven workforce. Specific architectural details are not widely publicized.
The work culture is characterized by innovation, collaboration, and a mission-driven focus on solving complex challenges in healthcare finance. As a health-tech company, it likely promotes agility, continuous learning, and a data-centric approach to problem-solving.
This location is significant as the epicenter of Sift Healthcare's efforts to develop and deploy cutting-edge AI solutions for the U.S. healthcare payments industry, supporting its growth and market presence.
Parasail Health (now Sift Healthcare) primarily focuses its operations and services within the United States healthcare market. Its solutions are tailored to the specific regulatory and financial complexities of the U.S. system. While its technology may be accessible globally, its direct sales, support, and operational infrastructure are concentrated in the U.S.
825 N Water St, Ste 200
Milwaukee
Wisconsin
USA
No additional office locations available.
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As of April 2025, Parasail Health' leadership includes:
Parasail Health has been backed by several prominent investors over the years, including:
No major publicly announced C-suite hires or exits for Parasail Health (now Sift Healthcare) have been identified in the last 12-18 months. The executive leadership team appears to be stable following the rebrand and recent funding.
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For Sift Healthcare (formerly Parasail Health), email formats likely follow common corporate patterns. Based on available data and industry conventions, one of the probable formats is [first_initial][last]@sift.health. The domain used is sift.health following their rebrand.
[first_initial][last]@sift.health
Format
jdoe@sift.health
Example
85%
Success rate
PR Newswire • September 26, 2023
Sift Healthcare, the AI-powered healthcare payments company (formerly Parasail Health), announced a significant strategic growth investment led by Resolve Growth Partners. This funding aims to accelerate Sift's product development, expand its team, and scale its go-to-market efforts....more
Sift Healthcare Blog • March 7, 2023
Parasail Health officially announced its rebrand to Sift Healthcare. The new name and brand identity reflect the company's evolution and focus on leveraging data science and AI to bring clarity and intelligence to healthcare payments....more
Business Wire • October 16, 2019
Parasail Health announced it closed a new round of financing to expand its patient financing solutions. The funding was aimed at helping more patients manage and afford their out-of-pocket medical expenses through flexible payment plans....more
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