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SiftMed: The AI Specialist for Medical File Review
A deep dive into a $7.5M SaaS platform solving a niche bottleneck in healthcare administration.
In the high-stakes world of medical-legal disputes, the bottleneck isn't diagnosis—it’s documentation. SiftMed is the AI-first platform tackling the 500-page file review, turning weeks of manual analysis into minutes of structured data.
"SiftMed isn't trying to be a generalist EMR; they are surgically targeting the independent medical expert (IME) market—a $2B+ niche ignored by giants like Epic and Cerner."
The IME Bottleneck
Independent Medical Experts are paid by the hour to review files, but they spend 70% of their time on administrative sorting. SiftMed’s core value proposition is AI-driven categorization and chronology generation. By automating the 'grunt work,' they allow physicians to focus on the actual assessment, effectively doubling billable capacity.
The Growth Trajectory
With 51 employees and $7.5M in revenue, SiftMed is operating at a revenue-per-employee ratio of ~$147k. This is a lean, efficient operation for a Series A/B stage SaaS company. Their traffic strategy is dominated by direct (38%) and organic (48%) channels, suggesting a product-led growth motion where users are actively seeking the tool rather than being pulled in by aggressive paid ads.
The tech stack reveals a modern, frontend-heavy architecture (Tailwind CSS, Ant Design) paired with essential enterprise tools (Zendesk, LinkedIn Insight Tag). This suggests a product that prioritizes user experience and rapid iteration over legacy monolithic frameworks. However, the lack of backlink data and a global rank of #7.6M indicates they are still early in their SEO journey, relying heavily on brand recognition and direct outreach.
- Niche Dominance: Focusing exclusively on the Canadian IME market (evidenced by 'siftmed inc nl' keyword volume) before expanding.
- Data-Led Leadership: Having a 'Head Data' role (Shalane Lewis) suggests a serious commitment to training models on medical-specific datasets.
- Capital Efficiency: Operating with a modest $2.73M raise relative to their revenue run rate, indicating disciplined burn.
The Verdict: A High-Value Niche Play
SiftMed proves that in healthcare tech, depth beats breadth. By ignoring the hospital giants and owning the expert review workflow, they've built a defensible, high-margin business.
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Meta Tags
SiftMed | AI Medical File Review Software
SiftMed streamlines medical file reviews for independent medical experts (IMEs) with AI-driven categorization, analysis, and medical chronologies.
SiftMed is an AI-powered platform that streamlines medical file reviews, organizing files, generating chronologies, and helping IMEs uncover key information for medical-legal cases.
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About siftmed.ca
SiftMed streamlines medical file reviews for independent medical experts (IMEs) with AI-driven categorization, analysis, and medical chronologies.
Company Overview
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Technology Stack
siftmed.ca uses 19 technologies across their website including Font Awesome, HSTS, Sentry, and more.
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Font Awesome
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HSTS
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Sentry
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Wix
Advertising
LinkedIn Insight Tag, Facebook Pixel
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JotForm
Traffic & Audience
siftmed.ca receives approximately 1.8K monthly visitors and ranks #7,604,561 globally. The website has a bounce rate of 38% with visitors viewing an average of 2.1 pages per visit. Users spend an average of 5:33 on the site.
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