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Verisys

National CVO for provider verification, screening, and monitoring

Our take

Verisys is a credentials verification organization that has been in healthcare data verification since 1992. It performs primary source verification, sanctions and exclusion screening, and ongoing license monitoring, built around FACIS, its in-house database of provider sanctions and disciplinary actions. Buyers are health plans, hospitals and health systems, state Medicaid agencies, and staffing firms that need credentialing done at scale and defensible in an audit.

After merging with Aperture Health under Stone Point Capital in 2021 and acquiring the Med Advantage CVO business from Advantum Health, Verisys positions itself as the largest outsourced CVO in the market, with later growth capital from Spectrum Equity and Cressey & Company. Recent moves point at the payer and government side: 2026 partnerships with ID.me target CMS-driven revalidation of high-risk Medicaid providers, and data partnerships like Asurint and AB Global distribute its screening data through other channels.

What it does

  • Primary source verification for NCQA-accredited credentialing
  • FACIS sanctions and exclusions screening database
  • Continuous license and OIG exclusion monitoring
  • Full outsourced CVO services at national scale
  • Provider identity verification with ID.me for Medicaid
  • Payer enrollment and network compliance support

Where it's strong

  • One of the largest outsourced CVOs, so it handles enterprise volume that smaller shops cannot.
  • Owns its own screening database (FACIS) instead of reselling third-party data.
  • Long compliance track record with NCQA-oriented processes and ISO certification.

What buyers should weigh

  • A 30-year-old services-heavy company, not a modern self-serve software product.
  • Multiple acquisitions and rebrands (Aperture, Med Advantage) can mean uneven tooling across product lines.
  • Pricing and contracts are enterprise-style and opaque; small groups may find lighter options cheaper.

Latest

In May 2026 Verisys announced partnerships with ID.me for state Medicaid provider identity verification and with AB Global for screening and credentialing.

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