What Verisma Systems does

Verisma Systems is a private, Alpharetta, Georgia-based healthcare information technology company founded in 2004 that has repositioned itself as a Health Information Lifecycle Management provider. Its core competency is Release of Information (ROI), where it delivers cloud-based managed services across Full Service, Partnered Service, and Blended Service workflow models for health systems, hospitals, physician practices, and FQHCs. The company has expanded into adjacent workflows — data archiving (via the November 2024 acquisition of Olah Healthcare Technology), care coordination (chart abstraction, prior authorization, referral management, patient forms completion, inbound document management), claims audit management, and value-based care enablement (HEDIS, MIPS, risk adjustment, RADV).

The underlying platform is cloud-native across Microsoft Azure and AWS, with FHIR-based API integrations into Epic, Cerner, MEDITECH, and other EHRs through Epic's Connection Hub, the Cerner Code Developer Program, and MUSE International. The proprietary product suite spans Verisma Release Manager (the core ROI automation platform with integrated HIPAA compliance review), Verisma Request App (self-service patient intake), Spotlight (high-risk request alerting), Inbox (multi-location intake), Analytics (reporting and trending), Technology Assisted Review (OCR-based compliance scanning), Claims Audit Manager (esMD-integrated audit defense), Olah (lift-and-shift cloud archiving), and the 2026 AI launches Universal Connector (RPA plus agentic AI for non-API systems) and Retrieval IQ (predictive retrieval model that learns from every completed retrieval, contracted with two of the top 10 U.S. health plans). All core platforms hold HITRUST r2 Certification and the company operates under SOC 2 Type 2 controls with HIPAA/HITECH compliance.

Revenue is generated through managed service fees tied to request processing volumes, SaaS licensing of the technology platform, project-based archiving engagements, and value-based care program services. Pricing is consultative and quote-based with multi-year contracts, supported by a direct enterprise field sales motion led by SVP Commercial Jenna Grange, augmented by partner referral channels (Cordea Consulting, Experis Health Solutions), HIM association partnerships, and event-driven demand generation across AHIMA, MGMA, RISE, NACHC, MUSE, and HIMSS conferences. The platform is trusted by 20,000+ client sites across all 50 U.S. states.

Name

Verisma Systems

Legal name

Verisma Systems, Inc.

Website

https://verisma.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Health Information Management

NAICS

Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Health Services (8000), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374), Services-Prepackaged Software (7372)

akta.pro primary industry

Healthcare Data Lakes, Lakehouses & Cloud Warehouses (HLACAIAA)

akta.pro secondary industries

Consent, Preference & Data Rights Management (incl. HIPAA/GDPR support) (HLACAIAG), Healthcare Master Data Management (MDM) & Patient/Provider Identity Data (HLACAIAB)

Keywords

• Health information management
• Release of information services
• Healthcare data archiving
• Medical record retrieval
• Value-based care enablement

Headquarters

HQ city

Alexandria

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Release of Information (ROI) Services: Managed ROI services delivered through three workflow models: FullService (fully outsourced), PartneredService (shared workflow with client staff), and BlendedService (customized hybrid). Revenue is generated through service fees tied to request processing volumes and workflow management. Clients retain a portion of collected release revenue in PartneredService model.
2. Technology Licensing / SaaS Platform: Licensing of proprietary software platforms including Verisma Release Manager®, Verisma Request App®, Verisma Spotlight™, Verisma Inbox™, Verisma Analytics™, and Technology Assisted Review™. Delivered as cloud-based (SaaS) platform requiring minimal client IT support.
3. Data Archiving Services (Olah™): Enterprise data archiving services for legacy EHR decommissioning and data migration, acquired through November 2024 acquisition of Olah Healthcare Technology. Revenue generated through project-based archiving engagements with fixed-cost pricing based on system type and data volume.
4. Value-Based Care Enablement: Medical record retrieval and care coordination services supporting HEDIS, MIPS, risk adjustment, and RADV programs for health plans and providers. Includes medical record retrieval, quality initiative enablement, referral management, and second-pass retrieval services.
5. Care Coordination Services: Services including chart abstraction/EHR migration, inbound document management, patient forms completion, prior authorization, and referral management. Delivered through a combination of technology and specialized HIM staff.
6. Claims Audit Management: Verisma Claims Audit Manager technology and services for managing Medicare, Medicaid, and commercial insurance audit responses, denials, and appeals processes.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Verisma Systems provides Health Information Lifecycle Management solutions to healthcare organizations, combining a cloud-native technology platform with managed services. Its core offering includes Release of Information (ROI) automation and services, legacy EHR data archiving (Olah™), care coordination services (prior authorization, referrals, chart abstraction), claims audit management, and AI-powered medical record retrieval for health plans (Retrieval IQ, Universal Connector). The company serves health systems, hospitals, physician practices, FQHCs, and health plans across all 50 U.S. states.

Product overview

Verisma Systems offers a comprehensive health information lifecycle management platform consisting of multiple integrated products and service models. The core platform is Verisma Release Manager®, an automated ROI system with integrated HIPAA guidance. This core is enhanced by multiple modules including Verisma Request App™ (self-service requests), Verisma Spotlight™ (high-risk request alerts), Verisma Inbox™ (intake management), Verisma Analytics™ (reporting), and Verisma Technology Assisted Review™ (OCR-based compliance scanning). The company expanded its portfolio through the acquisition of Olah™ (enterprise data archiving) and launched new AI-powered solutions including Verisma Universal Connector™ (RPA/AI-driven retrieval) and Verisma Retrieval IQ™ (intelligent retrieval platform). Additional offerings include Verisma Claims Audit Manager™ for audit defense, Care Coordination Solutions (document management, chart abstraction, prior authorization, referral management), and Value-Based Care Enablement services. Workflow service models include Full Service, Partnered Service, and Blended Service options. The company also provides Verisma Academy for education and ROI Gap Analysis consulting services.

Differentiator

Problem solved

Functional benefit

Brands

• Verisma Release Manager®: Automated ROI system with integrated HIPAA guidance and compliance review support.
• Verisma Request App®
• Verisma Spotlight™
• Verisma Inbox™
• Verisma Analytics™
• Verisma Technology Assisted Review™
• Verisma Claims Audit Manager™
• Olah™
• Verisma Retrieval IQ™
• Verisma Universal Connector™
• Verisma Bench
• Verisma Academy

Products and services

• Verisma Release Manager®
• Olah™ Data Archiving Solution
• Verisma Retrieval IQ™
• Verisma Universal Connector™
• Verisma Claims Audit Manager™
• Full Service Workflow Solution
• Partnered Service Workflow Solution
• Blended Service Workflow Solution
• Care Coordination Solutions
• Value-Based Care Enablement
• ROI Gap Analysis
• Verisma Academy

Quantifiable outcome

• Less than 0.001% risk of wrongful disclosure across all ROI operations
• +7 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability10 records

Feature10 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Olah Healthcare TechnologycoreStrategic or Co-development Partner · 1 November 2024Verisma acquired Olah Healthcare Technology, a provider of enterprise archiving solutions, in November 2024 to enhance health data management offerings across U.S. healthcare facilities. Chad Hill, former CEO of Olah, joined as SVP of Data Archiving. The acquisition brought the Olah Enterprise Archive Solution (EAS) into Verisma's product portfolio.
• MUSE / MUSE InternationalcoreGTM or Marketing PartnerVerisma joined MUSE International Commercial Membership community in 2026, enhancing its 20-year relationship with MEDITECH clients. Actively exhibiting at MUSE Inspire Conference (booth 708) to showcase Verisma Universal Connector and the full platform for MEDITECH organizations.
• Epic / Open EpiccoreTechnology or IntegrationVerisma is part of Epic's Connection Hub and Open Epic program, enabling bidirectional data exchange and interoperability with Epic EHR systems. Olah's FHIR-based API integrates with Epic for physician records search within the native Epic environment.
• Cerner (Oracle Health) / Cerner Code Developer ProgramcoreTechnology or IntegrationVerisma is part of the Cerner Code Developer Program, enabling integration and data exchange with Cerner Millennium and other Cerner systems. Olah has APIs to integrate with Cerner EDM, Cerner HomeWorks, Cerner Pharmacy, Cerner Soarian, and other Cerner products.
• Cordea ConsultingminorImplementation/ SI/ Consulting PartnerPremier healthcare IT consulting firm specializing in successful implementation. Listed as a consulting partner helping deploy Verisma's archiving solutions at client organizations.
• Experis® Health Solutions (formerly LGI)minorImplementation/ SI/ Consulting PartnerFor over 40 years, Experis Health Solutions has optimized workflows and improved the experience of staff and patients for thousands of facilities worldwide. Listed as an implementation partner in Verisma's archiving ecosystem.
• Microsoft AzurecoreTechnology or IntegrationVerisma's Care Coordination Solutions, Value Based Care platform, and Verisma Release Manager reside on Microsoft Azure cloud infrastructure. HITRUST r2 certified for these Azure-hosted platforms.
• Amazon Web Services (AWS)coreTechnology or IntegrationVerisma's Olah data archiving solution runs on AWS cloud infrastructure. HITRUST r2 certified for the AWS-hosted Olah platform. AWS provides the secure, HIPAA-compliant cloud backbone for the lift-and-shift archiving methodology.
• HITRUST AlliancecoreTechnology or IntegrationVerisma's core platforms (Release Manager, Care Coordination, Data Archiving/Olah, Value Based Care) earned HITRUST r2 Certification, demonstrating compliance with leading cybersecurity and regulatory frameworks including NIST, ISO, and OWASP.
• GartnercoreGTM or Marketing PartnerOlah (acquired by Verisma) was recognized as a Gartner Tier 1 Vendor for Data Archiving, providing market credibility and analyst endorsement for Verisma's enterprise archiving solution.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Iron Mountain: Iron Mountain is the dominant physical and digital records management incumbent offering records storage, secure shredding, and digital transformation services, including healthcare information governance. Its scale and brand compete with Verisma for enterprise health system contracts across the records lifecycle.
• Microsoft (Azure Health Data Services / Cloud for Healthcare): Microsoft is Verisma's underlying cloud infrastructure provider (Azure hosts Verisma Release Manager, Care Coordination, and Value-Based Care) and a broader competitor offering Azure Health Data Services, Azure OpenAI Service, and Cloud for Healthcare. As a platform incumbent, it could compete with or enable Verisma's AI roadmap.
• AWS HealthLake / Amazon Health: Amazon Web Services provides the underlying infrastructure for Olah data archiving and offers AWS HealthLake as a broader healthcare data platform. As both a cloud partner and platform incumbent, AWS competes with Verisma in the healthcare cloud data and analytics layer.

Direct peers

• MediQuant: MediQuant provides enterprise data archiving and active archiving solutions for healthcare organizations retiring legacy clinical and financial systems. It is a direct competitor to Olah in the data archiving segment, with comparable EHR decommissioning use cases.
• MediCopy: MediCopy provides Release of Information, medical record retrieval, and audit support services to hospitals and law firms. It is a smaller direct competitor to Verisma in the U.S. ROI market, with overlap in payer audit and legal request workflows.
• Datavant (formerly CIOX Health): Datavant acquired CIOX Health to combine health data exchange and Release of Information at scale for providers, payers, and life sciences. It is the largest direct competitor to Verisma in ROI services and adjacent health data retrieval.
• MRO Corp. MRO is one of the largest U.S. Release of Information and clinical data exchange vendors, serving hospitals, health systems, and physician practices with both technology and services. It directly competes with Verisma in core ROI, audit defense, and information exchange workflows.
• Harmony Healthcare IT: Harmony Healthcare IT specializes in healthcare data archiving and legacy EHR decommissioning — directly comparable to Olah post-acquisition. It competes with Verisma on cloud-based archival, FHIR-integrated archives, and legacy system retirement projects.
• HealthMark Group: HealthMark Group is a Release of Information and health information management vendor serving hospitals and physician practices. It competes with Verisma's Full Service and Partnered Service ROI workflows and has similar enterprise health system customers.

Emerging players

• Ellkay: Ellkay is a healthcare data interoperability and archiving company focused on EHR data extraction, aggregation, and migration. It overlaps with Verisma on data archiving, legacy EHR decommissioning, and provider data exchange workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/verisma-systems-inc.
• Xx.com/verisma

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verisma Systems