GRAND RAPIDS, Mich., July 09, 2019 – SpendMend, the leading provider of cost cycle recovery solutions in the healthcare industry, today announced it has been selected, for a second consecutive year, as a Supplier Horizon Award recipient by Premier Inc., a leading healthcare improvement company.

One of only 10 suppliers to receive the award this year, SpendMend was recognized for its support of Premier members through exceptional local customer service and engagement, value creation through clinical excellence and commitment to lower costs.

SpendMend and Premier have worked together to offer cost saving initiatives as well as Medical Device warranty solutions to Premier’s entire membership of over 4000 hospitals and health systems.  In 2018 alone, select Premier members leveraged SpendMend suite of solutions to drive nearly $20M in bottom-line savings. Entering the second half of 2019, SpendMend and Premier project those numbers to grow significantly as more members take advantage of SpendMend’s suite of cost cycle management solutions.

“SpendMend supports Premier members by offering valuable products and services that help to lower supply chain costs and improve operating efficiencies,” said David A. Hargraves, Senior Vice President, Supply Chain, Premier. “We’re honored to recognize them as a Horizon Award recipient."

"We are honored to have been selected for this prestigious award.  We recognize that Premier has long been reinventing the next generation of healthcare and we are privileged to join them in that effort.  SpendMend will always strive to provide exceptional service offerings and innovative savings opportunities to Premier members.” Dan Geelhoed, CEO. SpendMend accepted the award at Premier's 2019 Breakthroughs Conference and Exhibition.

About Premier Inc.
Premier Inc. is a leading healthcare improvement company, uniting an alliance of approximately 3,900 U.S. hospitals and more than 150,000 other provider organizations. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost. Please visit Premier's news and investor sites on www.premierinc.com.

About SpendMend

SpendMend, is the leading provider of cost cycle recovery solutions in the healthcare industry. Our goal is to provide enhanced visibility into the procure-to-pay cycle while leveraging our in-depth industry expertise, gathered over twenty-five years of serving the industry, to identify the root cause of financial leakage and provide actionable insights to help hospitals and health systems prevent profit loss.

Learn more about SpendMend: https://www.spendmend.com/

Media Contact: Amanda Geelhoed Papach, ageelhoed@spendmend.com