Retail Pharmacies Can Rest Easy with Verisys Solutions

Protect patients, products, and reputations by implementing rigorous compliance programs that screen and monitor both licensed and non-licensed staff, partners, and contributors. With Verisys, you can ensure full regulatory and federal compliance, reducing risk and meeting all state, federal and industry standards.

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Eliminate Risk with Sanction & License Verification and Monitoring

Verisys pharmacy compliance services help you stay compliant by verifying licenses, registrations, certifications, exclusion lists, Medicare enrollment, and more for pharmacists, pharmacy technicians, and interns. Ineffective prescriber and entity checks invite fraud schemes against health systems, entitlement programs, private payers, and patients while putting pharmacy professionals at risk of exclusion, fines, and penalties.

We maintain a real-time pharmacy compliance verification service that protects pharmacies from fines and penalties by actively gathering primary source data to look up the status and verify pharmacy licenses, pharmacy technician licenses, and pharmacy National Practitioner Identifier (NPI) numbers from licensing boards in all 56 U.S. states and jurisdictions.

Real-time verifications include:

Conduct workforce credentials verifications using primary sources through FACIS®
Monitor the status and expiration of each healthcare license.
Check staff for exclusions, sanctions, and adverse events.
Create risk mitigation strategies for procurement, supply chain, and vendors.
Prevent fraud by verifying the credentials of scientists, speakers, sales representatives, and research and clinical trial participants.

Now let’s take a look at Verisys license monitoring services. Consider how quickly a $10,000 fine per prescription filled would add up if you were not aware of an excluded provider on your staff?

Verisys will continuously monitor your pharmacy staff providing a level of security and protection against fraud schemes, ensuring continual compliance with changing regulations, and sparing you from having an excluded prescriber filling prescriptions.

Retail Pharmacy Solutions

FACIS: The Gold Standard in Sanction Monitoring

FACIS is the industry’s most comprehensive database consisting of primary content from federal and state sources for exclusions, sanctions, debarments, disciplinary actions, and adverse events against healthcare professionals and entities for all 868 taxonomies and all 56 U.S. states and jurisdictions. A database of over 10 million records from 3,500 primary sources on provider exclusions, sanctions, and adverse events, FACIS delivers 360-degree transparency on providers, staff, and entities for the organizations who hire, credential, refer, and reimburse for healthcare delivery.

Credentialing

Simple provider credential search or full end-to-end credentialing solution.

Verisys is the largest outsourced credentialing provider in the market today and the only player with the workflow expertise and in-house database (i.e., FACIS) to efficiently serve the end-to-end compliance needs of large healthcare clients. For three decades, Verisys has supported client components of network management to ensure regulatory compliance and enable payors to keep an up-to-date provider network for all types of credentialing. Verisys credentialing is the only NCQA and URAC accredited solution to maintain the industry’s highest data and compliance standards.

License & Data Verifications

Faster verifications to accelerate efficiency and reduce fraud and waste.

Provide a point-in-time verification of a professional license number, including status, issue and expiration date, primary source information, and any disciplinary action (current or historical). Searches aliases provided on each practitioner as part of the search criteria and verification process for provider data accuracy.

Screening

When it comes to keeping customers and patients safe, you need the gold standard.

FACIS is the industry’s most comprehensive database consisting of primary content from federal and state sources for exclusions, sanctions, debarments, disciplinary actions, and adverse events against healthcare professionals and entities for all 868 taxonomies and all 56 U.S. states and jurisdictions. A database of over 10 million records from over 3,500 primary sources on provider exclusions, sanctions, and adverse events, FACIS delivers 360-degree transparency on providers, staff, and entities for the organizations who hire, credential, refer, and reimburse for healthcare delivery.

True Monitoring

The best way to ensure all practitioner licenses remain in good standing is through continuous healthcare license monitoring.

Continuously monitoring your population adds a layer of security and makes ongoing compliance with regulations set by standard-setting bodies possible. To stay in compliance with federal and state regulations and to keep patients safe, it’s vital for hospitals and health systems to monitor the licenses of their practitioners for new information that may prevent a physician from practicing. If a practitioner’s license is invalid, suspended, or expired, or if restrictions are placed on a license, healthcare organizations must take steps to halt the treatment of patients until the practitioner gets his license back in good standing.

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Key Benefits with Verisys

Real-Time Notifications

Real-time notifications for changes in pharmacy license status or expiration, and ongoing exclusions, sanctions, debarments, and disciplinary actions monitoring using FACIS.

Verifications

Transactional dashboard for verifying a prescriber’s credentials before dispensing.

Transparency

Transparency of pharmacist or pharmacy technician license history and status nationwide.

Data Accuracy

Accurate, reliable verification of credentials using primary source data with 99.99% provider identity matching.

Continuous Compliance

Maintain compliance and avoid fines, penalties, and fraud schemes by monitoring the status of all prescribers, technicians, employees, vendors, affiliates, and contractors.

Screening & Monitoring

Screening and monitoring of additional data sets, such as Social Security Administration Death Master File (SSA-DMF), sex offender, and abuse registries for added patient safety.

Serving your customers and saving lives is your highest priority. Helping you discover your true potential is ours. Verisys pharmacy solutions lead to safer prescribers and continued compliance. Together, we can create a shield that protects patients.