Solutions for Hospitals
The SpendMend Suite of Solutions
Reduces Financial Leakage Throughout the Hospital
In today’s intricate healthcare landscape, hospitals experience operational lapses and financial leakage due to breakdowns in processes and controls. The problem persists because hospitals and health systems face constant change while managing complex environments in an unending pursuit to remain compliant with internal controls and external regulations. Unfortunately, hospitals lose millions of dollars annually due to these common pressure points that are inherent to the healthcare industry.
Solutions:
Select the SpendMend solution to learn more

Use our in-depth review of your historical accounts payable transactions to reverse financial leakage, improve process visibility and build stronger relationships with suppliers. Our proprietary knowledge will help you to illuminate the dark data in your hospital systems while delivering industry-leading recoveries and offering crucial insights and visibility.

EXPLORE

Medical devices like pacemakers occasionally fail and must be replaced. SpendMend provides the markets only complete solution for managing a hospital's warranty program - starting with an audit assessment of current processes and policies to determine risk.

EXPLORE

Comprised of pharmacy leaders from a variety of healthcare settings, the SpendMend Pharmacy team delivers industry-leading Compliance and Optimization solutions to support Pharmacies and 340B Covered Entities.

EXPLORE

SpendMend ensures clients have the right structure, the right technology, improved agreements & SLAs, preferred pricing, and optimized licensing, schemas and more! We save hospitals 8%-15% of their IT budget.

EXPLORE

Determining taxability on purchased items and services within the healthcare industry can be a confusing and time-consuming effort. Our team is ready to take on the burden of navigating these extensive and ever0changing rules.

EXPLORE

SpendMend offers a Vendor Management Services (VMS) bundle to help you better manage vendors, resolve missing and unseen invoices, improve working capital, capture discounts, optimize payments, and more.

EXPLORE

SpendMend works on behalf of your healthcare system to coordinate all aspects of identifying and recovering abandoned and unclaimed property (AUP) from federal, state, local, and municipal government agencies.

EXPLORE

Purchased services agreements account for up to 50% of your organization’s non-labor spend. Hiding within these agreements is the potential for major cost savings. Finding the right solution will improve operating efficiency and patient experience – while also, unlocking unparalleled cost savings for your hospital.

EXPLORE

What Our Clients Say

I think the SpendMend staff is top notch and very professional and very knowledgeable. I work hand in hand with your people and I think you have great people and a great culture.

Director of Finance
$11B/8500 Bed Healthcare System

SpendMend’s innovative process appears to leave no stone unturned and has identified
and recovered significant dollars.

Controller
Regional Health System

If our team is finding money from recovery audits then I know there are many other non-profit hospital systems that would find value in executing this work as well.

SCM Manager of Large Midwest IDN

The SpendMend Client Portal allows me to review claims whenever I want – 24 hours a day – on my schedule; and without receiving stacks of paper, which makes the distance between our offices no problem.

Disbursement Services Supervisor
Regional Healthcare System

Not only did failures in a previous audit firm’s process result in lower recovery, but also some of the ‘claimed’ recovery dollars had to be paid back to vendors due to rejections. SpendMend has worked with vendors to ensure accurate, valid, approved claims; with better results.

Manager, Accounts Payable
Medical Center, Northern US

SpendMend is a non-intrusive asset and great to work with; they build relationships with their clients and truly understand the Procure-to-Pay process.

Materials Manager
Midwest Healthcare Organization
SpendMend By The Numbers
A Tradition of Excellence!

28

YEARS LEADING THE
HEALTHCARE INDUSTRY

8

OUT OF THE TOP 10 HEALTHCARE SYSTEMS ARE CLIENTS

373

MILLION DOLLARS DELIVERED IN THE PAST YEAR

495

THOUSAND SUPPLIERS IN OUR SUPPLIER NETWORK
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