United States · Management consulting startup

SpendMend

SpendMend is a healthcare consulting firm based in Grand Rapids, Michigan, founded in 1993.

Funding reportedLast round: Venture (Round not Specified)

Management consultingGrand Rapids, United States

About SpendMend

SpendMend is a healthcare consulting firm based in Grand Rapids, Michigan, founded in 1993.

The company specializes in tech-enabled cost-savings solutions, cost cycle management, and profit recovery audits for hospitals and health systems. SpendMend utilizes a proprietary platform to identify payment errors, contract non-compliance, and over-payments, aiming to enhance patient care by delivering value through innovative solutions and improved process visibility. The firm offers a range of services, including accounts payable profit recovery auditing, contract compliance analysis, sales and use tax auditing, and purchased services optimization. SpendMend also supports 340B program compliance, medical device tracking, and asset recovery. With a client base of over 150 major U.S. health systems, SpendMend serves hospitals, pharmacies, suppliers, and healthcare finance teams, focusing on enhancing financial health and driving sustained cost savings in the healthcare industry.

What company datasets say SpendMend raised

Funding, as reported

Reported in all$55Min dollars
Last roundVenture (Round not Specified)
Last round dateSept 2022

Founders and team

From SpendMend's own website: 13 on the team.

  • Trey CookChief Executive Officer
  • Dan GeelhoedCEO Emeritus
  • Curtis McEntireChief Product Officer
  • Derek SchoonoverChief Technology Officer
  • Evan NoulasChief Transformation Officer
  • Jeremy TothChief Information Officer
  • Rob CarpenterChief Human Resources Officer
  • Rob ProctorChief Commercial Officer
  • Roger MeyerChief Financial Officer
  • Jake ThompsonVP of Pharmacy/Business Development
  • Jeremy MalinVP of Operations
  • Tom FlynnVP of Marketing
  • Sara PatinController

The company, in detail

What they build

Known for

management consulting340b optimizationvisibility into spendhealthcare analyticsinventory managementhealthcare solutionsstaff augmentationfinancial leakage preventionasset recoveryinformation technology & servicesmarket rate comparisonaudit servicesrecovery audit preventionvendor managementreferral capturebusiness consulting & services

Built with from their website

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Sector
Management consulting
Industry code
NAICS 541611, 513210, SIC 8062
Region
Michigan
Part of
Morgan Stanley
Revenue
$910K a year, as listed
Full record
Every detail in the company directory

Management consulting in United States

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