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About ViPS
History

ViPS History

Focused on Healthcare Information Technology and Informatics

ViPS®, a General Dynamics Information Technology Company, has built upon a proven track record of more than two decades of experience delivering healthcare and data management expertise, premier technologies, multiple platforms and best-of-breed components. The company's unmatched customer service and quality-driven focus support efficient, consumer-directed, real-time enterprises.


 1979 Viable Information Processing Systems (ViPS) is founded in Towson. ViPS Medicare System (VMS) is launched as ViPS' first product - a comprehensive healthcare claims system used in the processing of the professional payment component of the Medicare Program.

 1990 ViPS transitions from strictly a Medicare software vendor to developing client server systems.

 1994
ViPS is acquired by First Financial (FFMC). ViPS introduces its leading expert auto-adjudication SuperOp® product to improve the claims payment process by automating many decision-making processes for healthcare claims administrators.

 
ViPS introduces the industry's leading anti-fraud system, Services Tracking Analysis and Reporting System (STARS®) for identifying, investigating and recovering lost funds due to fraud, abuse or mismanagement.

 1995 ViPS expands products and services after acquisition by First Data Corporation (FDC).

 1996
ViPS introduces its premier, market-leading medical management support system, MCSource™ for enterprise-wide medical, quality, financial and marketing decision-making.

 1997 ViPS is awarded a national license with The Centers for Medicare and Medicaid Services (CMS) for its STARS® product, thereby making the software available to all Medicare carriers and intermediaries in the country. ViPS wins the Durable Medical Equipment Regional Carrier (DMERC) contract with VMS for processing all durable medical equipment claims in the country.

 1998 ViPS is awarded a significant multi-year contract for MCSource™ by the Blue Cross Blue Shield Association/Federal Employees Program (FEP), which is the largest managed healthcare plan in the country. ViPS becomes a private company after its acquisition by one of the nation's largest private equity investors, New York-based Cornerstone Equity Investors, LLC (CEI).

 1999 ViPS is lauded for its high employee retention rate (ViPS grows from 220 to over 300 employees). ViPS celebrates its 20th anniversary.

 2000-
2007
In 2000, ViPS transformed its image from being the Viable Information Processing System to ViPS, Inc. The new image identifies ViPS as a leading provider of innovative business intelligence solutions to the healthcare industry. From 2001-2003, ViPS has continued its proven track record as a leading innovator of healthcare business solutions, named one of the fastest growing companies in Maryland for two years in a row, maintained its steady growth and quality - driven focus and garnered unprecedented customer satisfaction levels. In 2004, ViPS is acquired by Emdeon, now known as HLTH Corporation. From 2004-2007, ViPS operates as a wholly owned subsidiary of HLTH corporation, and is its leading provider of healthcare analytics, technology and reporting.

   
During this time period, ViPS also introduces STARSSentinelTM, SourceMDTM, and SourceValueTM.

 2008 In 2008, ViPS is acquired by General Dynamics Information Technology, a business unit of General Dynamics.

 2009 ViPS introduces its integrated STARSSolutions Suite, comprised of automated lead generation, in-depth investigative analytics, and comprehensive case management.