Pharmaceutical Companies
See Clearly
Protect your pharmaceutical research, funding, and reputation with a clear view of every individual and entity that contributes to your go-to-market products.
YOUR WORK MATTERS
Verisys’ data-driven SaaS platforms help pharmaceutical companies remain compliant by exposing excluded individuals and entities from scientists to your speaker bureau. As the saying goes, “It takes a village…” The important work of pharmaceutical companies comes into fruition and is distributed through a large, collaborative effort. Make sure every member of your team is vetted thoroughly so the work you do can make a difference.
Protect your reputation with these critical checkpoints:
- Workforce credentials verifications and continuous monitoring for exclusions, sanctions, and license status against more than 5,000 primary sources with FACIS
- Fraud detection and prevention with compliant, actionable documentation as part of CheckMedic, Verisys’ cloud-based data management platform
- Risk mitigation strategies for procurement and supply chain management
There’s a lot under the Verisys hood
High standards:
Verisys is the only Credentials Verification Organization (CVO) that is National Committee for Quality Assurance (NCQA) certified for 11 out of 11 verification services, is Utilization Review Accreditation Commission (URAC) accredited, and is ISO 9001:2015 (quality management), ISO 27001:2013 (information security), and AICPA SOC 2 (customer data security) certified.
Data platform:
Verisys’ comprehensive data platform contains more than 320 million aggregated records derived from thousands of primary sources — and growing. Data collection began in 1992 with its Fraud Abuse Control Information System (FACIS). Verisys stores cumulative records that provide a unique, longitudinal view of exclusions, debarments, sanctions, and disciplinary actions.
Data matching science:
Verisys developed a proprietary matching logic using algorithms in combination with oversight by data analysts to collect, transform, and match each piece of data to the right provider/entity consistently with 99.9% accuracy. We stand behind our results 100% of the time.
Technology:
Our innovative technology stack transforms millions of records into intuitive, interoperable formats. This powerful solution simplifies workflow for turnkey compliance and a better bottom line.
Software:
Verisys designed and built the first data-powered Software as a Service (SaaS) credentialing platform, CheckMedic 20 years ago. Solutions innovation continued with real-time search and transaction engines, VerisysConnect, and ProviderCheck that instantly deliver accurate provider data when you need it. These unique, comprehensive solutions streamline provider data management, credentialing, privileging, and enrollment.
From the Verisys Blog
Ongoing Monitoring of Providers and Staff Reduces Risk of Exclusion
CONTINUOUS COMPLIANCE = CONTINUOUS MONITORING What’s true today may not be true tomorrow. For the purposes of this article, continuous monitoring assures that those individuals and entities being monitored by healthcare delivery organizations are compliant with the bylaws, laws, regulatory and standards requirements governing the safety, security, and competence of an organization. The word monitoring is used in many ways such as when monitoring a patient’s vital signs, for instance. Continuous monitoring can also refer to operating systems, machines,...
Top Healthcare Provider Fraud
The National Health Care Anti-Fraud Association (NHCAA) estimates between $100-$300 billion in healthcare fraud is committed in the United States annually; this often comes with unfairly high costs passed onto patients. Healthcare fraud can also have severe consequences and penalties for practitioners and healthcare organizations. Investigation of these crimes is a high priority for the FBI, and specific field agents are assigned to these cases. Therefore, healthcare employers must be vigilant and proactive about defending their organizations against...
Vishing Cyberattacks Compromising Provider Credential Information
When scammers attack, they don’t just target private individuals – they also strike businesses, including the healthcare industry, to obtain information they can use for criminal activity. As a healthcare organization, you have a responsibility to protect the private healthcare information of your patients and providers. Understanding vishing and its risk to your organization can help safeguard against the threat. What Is Voice Phishing, or Vishing? Vishing occurs when scammers pose as a trusted company or institution, such as a bank, a government...
Keys to Managing Risk with Free Clinic Healthcare Volunteers
Important Tips for Effective Background Screening, Credentials Verification, and Continuous Monitoring of Healthcare Volunteers to Avoid Harm to Patients and Legal Exposure In this blog, Hugh addresses the challenges that face free clinics when recruiting volunteers. Efforts to meet the demand of staffing numerous free medical clinics should not be done at the expense of proper background screening, verification of credentials, and license status. Lack of proper credentialing can pose major risks to the already vulnerable individuals these clinics...