Verifiable

Verifiable

Automates healthcare credentialing and data intake

About

Verifiable provides software solutions that streamline the data intake and credentialing processes for healthcare providers and payers. Their products automate various tasks, allowing clients to complete enrollment and credentialing 78% faster than traditional methods. The software enables clients to monitor their provider networks, track compliance issues, and automate roster ingestion. A standout feature allows users to look up providers by name or NPI number, ensuring they have access to accurate and timely credentialing information. Additionally, Verifiable simplifies the onboarding process for providers with automated pre-screening, pre-populated forms, and primary source verifications, reducing hassle and speeding up credentialing. Unlike competitors, Verifiable focuses on integrating its automation capabilities into existing systems, enhancing provider management workflows. The company's goal is to improve efficiency and transparency in healthcare credentialing.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Healthcare

Total Funding

$45.9M

Headquarters

Austin, Texas

Founded

2019


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Simplify's Take

What believers are saying

  • Raised $27M in Series B funding, indicating strong investor confidence.
  • Partnership with Salesforce expands enterprise network management products.
  • Nearly doubled employee count and customer base, including clients like Humana.

What critics are saying

  • Increased competition from new entrants like CertifyOS.
  • Potential data privacy concerns with third-party vendor information sharing.
  • Reliance on partnerships with platforms like Salesforce poses risks if disrupted.

What makes Verifiable unique

  • Verifiable offers real-time credentialing, reducing turnaround from weeks to days.
  • The company integrates APIs with real-time verification technology for healthcare organizations.
  • Verifiable's software automates compliance, reducing risk and enhancing patient safety.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

20%

2 year growth

92%

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