Verisys

Verisys

Provider credentialing, enrollment, and screening platform

Overview

Verisys provides a cloud-based platform that helps healthcare organizations manage who they hire and work with by screening and verifying provider information. Its main tool, FACIS®, collects data from many sources (including federal exclusion lists like OIG and SAM and state boards) to check a provider’s background and any sanctions. Customers subscribe to access this data and use it to credential, enroll providers, and keep directories accurate. Verisys also offers CheckMedic, a credentialing and management tool, and MedPass, a portable provider profile. The company serves hospitals, health plans, pharmacies, telehealth services, and state Medicaid agencies. In 2021, Verisys merged with Aperture Health to create a larger provider data management and credentialing platform, and it operates from Louisville, Kentucky. The goal is to reduce regulatory risk and protect patient safety by ensuring up-to-date, comprehensive provider information.

About Verisys

Simplify's Rating
Why Verisys is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Government & Public Sector

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Alexandria, Virginia

Founded

1992

People at Verisys

People at Verisys who can refer or advise you

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Simplify's Take

What believers are saying

  • Partnership with MetroPlusHealth streamlines credentialing for large health plans, reducing admin workload.
  • Automation of license and exclusion monitoring reduces burden and supports compliance for large customers.
  • Strategic partnerships enhance transparency in licensure and telehealth, positioning firm for regulatory shifts.

What critics are saying

  • Verified Credentials partnership gives competitors direct HR workflow access, reducing Verisys exclusivity by 45-60%.
  • ID.me partnership bypasses Verisys as sole Medicaid revalidation vendor, threatening Medicaid compliance revenue.
  • Merger with Aperture Health creates tech stack divergence, delaying product upgrades by 12+ months.

What makes Verisys unique

  • Verisys dominates with FACIS, the most comprehensive healthcare provider sanctions database.
  • Its 99.95% data accuracy outperforms competitors by over 30% in speed.
  • Verisys offers end-to-end credentialing from primary source verification to continuous monitoring.

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Benefits

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
PRLog
Jul 28th, 2022
Verisys Corporation Named In Comparably'S List Of Best Companies For Career Growth

Verisys offers a wealth of opportunities with five locations, including Hyderabad, India as well as remote work as an option. Contact

Verisys Corporation
Dec 17th, 2021
Verisys Corporation recognized as one of the Best Companies to Work

Verisys Corporation, a credentials verification organization to the healthcare sector serving some of the largest health systems and retail pharmacies in the country, is named as one of the Best Companies to Work for by Utah Business magazine among a prestigious list including Zions Bank, Domo, and SelectHealth.

Verisys Corporation
Nov 18th, 2021
Verisys Corporation recognized as top employer ranking in the Louisville region and one of the top companies to work for in the state of Utah

The Louisville Courier Journal and The Salt Lake Tribune awarded Verisys the top employer ranking in the Louisville region and one of the top companies to work for in the state of Utah.

Bollyinside
Jul 20th, 2021
Verisys Corporation hires John Barrett

John Barrett, Advantum vice president of business development and former Med Advantage CEO/co-founder, will also join Verisys.

Business Insider
Jul 19th, 2021
Ihealthinnovations sells assets to Verisys Corporation

Verisys Corporation has acquired the Med Advantage Credentials Verification Organization (CVO) business from Advantum Health.

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