Asset Recovery in Healthcare
Many organizations within the healthcare industry suffer significant financial leakage due to
complexity, compliance, and constant change. One often-overlooked area where healthcare
systems are losing substantial dollars in the arena of Unclaimed Property
Have You Thought About How Unclaimed Property
May Be Impacting Your Bottom Line?
When you think about unclaimed property, you typically see it from the
point of view of your obligation to report and remit unclaimed assets.
You’re not wrong to look at it this way, these unresolved items must be
escheated to the jurisdiction of the rightful party.
However, despite having escheated many assets, your healthcare system is very likely overlooking the assets that are owed back to you. These assets can result in significant dollars.
However, despite having escheated many assets, your healthcare system is very likely overlooking the assets that are owed back to you. These assets can result in significant dollars.

Working With SpendMend On An AUP Review

To get started, SpendMend requires minimal information; a list of all your
facility names including prior divestitures, acquisitions, and name changes.
SpendMend will leverage a proprietary database to augment the data to
create a complete list of potential DBAs associated with your system.
SpendMend Mission
SpendMend, we strive to help hospitals improve patient care through the delivery of
innovative cost savings solutions, insightful transaction analysis, and improved visibility
across business relationships.
Have questions or want to schedule a meeting?
Call us 616.729.0255