by SpendMend Team | Sep 12, 2023 | Blogs
By Al Brander, VP of Clinical Services The MDWT solution offers two significant financial benefits to hospitals and health systems: Cost Avoidance Non-compliance with the Prudent Buyer Standard, as mandated by CMS and enforced by the OIG, can result in severe fines...
by SpendMend Team | Aug 17, 2023 | Blogs
By Teri Harkins, VP of Sales An unfortunate trend has surfaced in the corporate world. Recent surveys suggest that an overwhelming 75% of C-suite leaders, including CEOs, CFOs, and CTOs, are considering stepping down from their positions. This wave of potential...
by SpendMend Team | Aug 8, 2023 | Blogs
By Jake Thompson, VP of Pharmacy Services, Optimization and Growth The rising costs of healthcare and prescription drugs continue to be a major concern for individuals, healthcare providers, and insurers alike. As projections indicate that healthcare costs are...
by SpendMend Team | Aug 1, 2023 | Blogs
By David Hewitt, Senior VP of Sales A recovery audit in healthcare is an assessment of a healthcare system or hospital’s financial processes and transactions. The goal of this audit is to identify opportunities to improve efficiency and recover any overpayments...
by SpendMend Team | Jul 25, 2023 | Blogs
By Andrew Brandenburg, MBA Healthcare Cost-Savings & Cost-Recovery Expert The response to my last blog was great! Thank you all for your comments. The dialogue that followed has encouraged me to share a few more thoughts – and today – I have an important one. ...
by SpendMend Team | Jul 21, 2023 | Blogs
By Kylee Savage, Marketing Manager Data analytics has become an integral part of healthcare, allowing hospitals to optimize their financial performance and better serve their patients. By collecting and organizing data from various sources; analyzing the data with...