Verisys Acquires Credentials Verification Organization Services From Advantum Health
SOUTH JORDAN, Utah, July 19, 2021 /PRNewswire/ -- Verisys Corporation has acquired the Med Advantage Credentials Verification Organization (CVO) business from Advantum Health. The Louisville, Ky.-based Advantum will continue to offer revenue cycle and provider enrollment services.
"We're excited about the opportunity to serve Med Advantage CVO clients with our comprehensive, highly-accredited credentialing services," Verisys CEO Charlie Falcone said. "As the largest outsourced CVO in the United States, we're confident we will be able to deliver excellence to our new partners."
Users of Advantum's Med Advantage services will migrate to Verisys' CheckMedic platform. John Barrett, Advantum vice president of business development and former Med Advantage CEO/co-founder, will also join Verisys.
"Over the past two decades, we've verified nearly 800,000 board certifications, more than 950,000 Drug Enforcement Administration certifications, and more than 3.7 million medical licenses," Barrett said. "We'll augment Verisys' data platforms supporting credentialing, isk, and compliance solutions, while Advantum continues to focus on its core business."
Last month Verisys announced its merger with the Louisville, Ky.-based provider data management company Aperture Health. Together, the organization processes more than 1 million credentialing profiles annually. Verisys/Aperture maintains high client satisfaction ratings across its platforms and delivers the data and technology necessary for comprehensive provider data management.
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SOURCE Verisys Corporation
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