
United States · Management consulting startup
SpendMend is a healthcare consulting firm based in Grand Rapids, Michigan, founded in 1993.
Funding reportedLast round: Venture (Round not Specified)
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.
Funding, as reported
From SpendMend's own website: 13 on the team.
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
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