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Verisys
Verisys provides healthcare provider compliance data and credentialing services, serving over 1,000 clients nationwide from its Alexandria, VA...
Verisys
John O'Shaughnessy and Dick Kusserow, both former HHS leaders, launched Government Management Services in Alexandria, Virginia, in 1992. The company created FACIS, the first database to track providers excluded or debarred from federal programs, and rebranded as Verisys after John Benson joined and brought advanced data-matching technology. The firm remains privately held; no third-party wealth origin is disclosed. The firm's revenue model is data-as-a-service, selling verified provider credentialing and compliance monitoring to healthcare organizations. Its products include FACIS for exclusion screening, LicenseCheck for licensure verification, VerisysWatch for continuous monitoring, and CredCheck for outsourced credentialing. Verisys claims 99.95% accuracy and serves over 1,000 clients nationwide, including hospitals, health systems, health plans, pharmacies, and government entities. The firm has expanded through the acquisitions of ReferencePro, Accreditrust, and Med Advantage. Verisys is NCQA-accredited as a Credentials Verification Organization (CVO) and URAC-accredited, which allows it to certify provider credentials on behalf of healthcare organizations. The company maintains a technology hub in Utah alongside its Alexandria headquarters. In 2022, Verisys merged with Aperture Health under Stone Point Capital, bringing together provider data management and services capabilities, though the firm continues to operate under the Verisys brand. Verisys' structural differentiator is its dual role as both data compiler and accredited CVO — a combination that allows it to sell raw data while also performing the outsourced credentialing work that data enables. The firm does not manage third-party capital; it operates as an operating company, not an investment vehicle. Its governance and succession remain within the leadership team assembled through the Stone Point-backed merger.
General information
Firm type
other
Year founded
1992
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Alexandria
Corporate office
Alexandria, VA, United States
Additional offices
Utah
Principals
John O'Shaughnessy
Co-founder
Dick Kusserow
Co-founder
John Benson
CEO/Leader
Sector focus
Frequently asked questions
Does Verisys manage outside capital or function as a family office?
No. Verisys is an operating company that sells data and compliance services to healthcare organizations. It does not take third-party investments or manage capital on behalf of external LPs.
Who owns Verisys?
Verisys has accepted growth investments from Spectrum Equity, Cressey & Company, and Stone Point Capital. In 2022, it merged with Aperture Health under Stone Point Capital. The exact ownership split among these firms and the original founders is not publicly disclosed.
What is FACIS and why is it important?
FACIS is Verisys' flagship database of over 90 million provider records, tracking sanctions, exclusions, debarments, and disciplinary actions across all U.S. jurisdictions. It became the market standard for screening excluded providers after its launch in 1992.
How does Verisys generate revenue?
Verisys sells subscription-based data services and outsourced credentialing. Its products include license verification, ongoing monitoring, pre-hire screening, and provider network management, priced per record or per event.
Is Verisys involved in direct investment or capital deployment?
No. Verisys is not an asset manager or investment firm. Its focus is entirely on providing data and services to healthcare organizations for compliance and credentialing purposes.
What accreditations does Verisys hold?
Verisys is an NCQA-accredited Credentials Verification Organization (CVO) and holds URAC accreditation. This means it can certify provider credentials on behalf of healthcare organizations seeking compliance with those standards.
Where does Verisys operate geographically?
Verisys is headquartered in Alexandria, Virginia, and maintains a technology office in Utah. It serves clients across all 50 U.S. states and jurisdictions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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