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Verisys

Verisys provides healthcare provider compliance data and credentialing services, serving over 1,000 clients nationwide from its Alexandria, VA headquarters.

Verisys

Discover Verisys' healthcare provider compliance solutions for informed hiring, ongoing monitoring, and provider credentialing.

General information

Firm type

other

Year founded

1992

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

Healthcare Services

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.

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