About

Verifiable.com provides software solutions that help healthcare providers and payers streamline their data intake and credentialing processes. Their software automates tasks such as onboarding, pre-screening, and primary source verifications, which leads to a 78% faster turnaround time for credentialing. Clients can monitor their provider networks, track compliance issues, and easily look up provider credentials using the software's features. This automation reduces the hassle for providers and enhances the efficiency of the credentialing process. Unlike competitors, Verifiable focuses on integrating its solutions into existing systems, allowing clients to improve their provider management workflows. The goal of Verifiable is to ensure transparency, accuracy, and speed in the healthcare credentialing process.

Simplify's Take

What believers are saying

• Verifiable's recent $27M Series B funding round led by Craft Ventures provides substantial capital for growth and innovation.
• The company's ability to exceed revenue targets in a down market demonstrates its financial resilience and market relevance.
• Expanding its customer base to include prominent names like Lifestance, Zelis, and Lyra Health indicates strong market adoption and trust.

What critics are saying

• The healthcare sector's stringent regulatory environment could pose compliance challenges and slow down innovation.
• Rapid expansion and doubling of employee count may lead to operational inefficiencies and cultural misalignment.

What makes Verifiable unique

• Verifiable's API-first approach and real-time verification technology significantly reduce credentialing time from weeks to days, a clear advantage over traditional methods.
• The company's focus on automating provider network operations for both providers and payers ensures regulatory compliance and operational efficiency, setting it apart from competitors.
• Partnerships with major players like Salesforce and clients such as Humana highlight Verifiable's strong market position and enterprise-level capabilities.

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