Verato is a healthcare technology company specializing in identity resolution and management. The company's core offering is a healthcare master data management (hMDM) solution that provides accurate and secure patient matching across disparate data sets. Verato's platform, known as the Universal Identity Platform, leverages a proprietary referential matching technology to create a comprehensive view of patients, members, providers, and communities. This technology utilizes a reference database containing over 300 million identities spanning the entire US population, with each identity profile including demographic data covering a 30-year history.
The company's solutions are designed to address the challenges of patient identification and data matching in healthcare, which are crucial for improving care quality, operational efficiency, and population health management. Verato's technology can integrate with existing electronic health record (EHR) systems, enterprise master patient indexes (EMPIs), and other healthcare IT infrastructures to enhance their accuracy and functionality. The platform is cloud-based, offering flexibility and ease of deployment for healthcare organizations.
Verato's product suite includes Verato Auto-Steward, a cloud-based plug-in that automatically resolves missed matches and duplicate records in existing systems, and the Verato Universal MPI, which can be implemented as a standalone enterprise master patient index solution. These products aim to reduce errors in patient identification, improve the completeness of medical records, and enhance the overall quality of healthcare data.
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