# SpendMend: Management consulting, Grand Rapids, United States

> SpendMend: SpendMend is a healthcare consulting firm based in Grand Rapids, Michigan, founded in 1993. Based in Grand Rapids, United States. Founded 1993.

Source: https://millionrounds.com/startup/spendmend (Millionrounds; every figure on the page links to its filing or article)

United States · [Management consulting startup](https://millionrounds.com/companies)

# SpendMend

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

Funding reported Last round: Venture (Round not Specified)

Management consulting Grand Rapids, United States

Company summary

- **Founded:** 1993 33 years old
- **Team:** 240 201 to 1,000 people
- **Funding reported:** $55M in dollars
- **Last round:** Venture (Round not Specified) Sept 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for SpendMend has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$55M** in dollars

Last round **Venture (Round not Specified)**

Last round date **Sept 2022**

## Founders and team

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

- **Trey Cook** Chief Executive Officer
- **Dan Geelhoed** CEO Emeritus
- **Curtis McEntire** Chief Product Officer
- **Derek Schoonover** Chief Technology Officer
- **Evan Noulas** Chief Transformation Officer
- **Jeremy Toth** Chief Information Officer
- **Rob Carpenter** Chief Human Resources Officer
- **Rob Proctor** Chief Commercial Officer
- **Roger Meyer** Chief Financial Officer
- **Jake Thompson** VP of Pharmacy/Business Development
- **Jeremy Malin** VP of Operations
- **Tom Flynn** VP of Marketing
- **Sara Patin** Controller

## The company, in detail

What they build

Known for

management consulting 340b optimization visibility into spend healthcare analytics inventory management healthcare solutions staff augmentation financial leakage prevention asset recovery information technology & services market rate comparison audit services recovery audit prevention vendor management referral capture business consulting & services

Built with from their website

Jira Service Management Contact Form 7 Google Tag Manager WordPress.org Atlassian PWA Microsoft PowerPoint Google Ads Font Awesome Viewport Meta

+8 more

Site Kit SiteGround Apple Business Manager Google Cloud Hosting ARES Microsoft Excel Conditional Fields for Contact Form 7 Priority Hints

- **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](https://millionrounds.com/directory/bsi-healthcare-services)

## Management consulting in United States

Startups like it

- [**RocketSpace** San Francisco · founded 2011 *Raised*](https://millionrounds.com/company/rocketspace)
- [**Catalant** Boston · founded 2013 *Raised*](https://millionrounds.com/company/catalant)
- [**Embark** Dallas · founded 2010 *Raised*](https://millionrounds.com/company/embark)
- [**The Riveter** Seattle · founded 2017 *Raised*](https://millionrounds.com/company/the-riveter)
- [**BP3 Global** Austin · founded 2007 *Raised*](https://millionrounds.com/company/bp3-global)
- [**Business Talent Group** Chicago · founded 2006 *Raised*](https://millionrounds.com/company/business-talent-group)
- [**Ankura** New York · founded 2014](https://millionrounds.com/startup/ankura)
- [**System One** Pittsburgh · founded 1979](https://millionrounds.com/startup/system-one)

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