By Curtis McEntire, VP of Trulla Solutions, SpendMend Pharmacy
SpendMend recently introduced a strategic expansion of Trulla, our acclaimed pharmacy analytics and procurement software, with a broader focus that now includes smaller hospitals. This move represents a pivotal expansion aimed at extending our cost-saving solutions to small and medium-sized hospitals and health systems.
Dedicated employees from both large and small hospitals are committed to serving their patient communities daily. Our mission is to assist all hospitals in delivering better patient care, and this initiative is a crucial step toward fulfilling that mission. As the founder of Trulla, I am deeply passionate about bridging the gap between large integrated delivery networks and smaller healthcare providers.
Our journey with Trulla began with a clear vision: to optimize the cost cycle for the healthcare industry through cutting-edge technology. Trulla, a cloud-based application, utilizes proprietary AI algorithms to uncover financial leakage and dark data in pharmacy spend. To date, we’ve saved hospitals and health systems over $250 million in drug costs. However, our success is not solely measured in numbers but in the impact we have on our clients’ ability to best serve their patients in their communities.
Our initial go-to-market approach was focused on serving large healthcare providers. As we’ve grown and further developed our solution, we have discovered new strategies to make the software viable in smaller markets and have moved quickly to serve these clients. Our goal is to ensure that these providers can also realize significant cost savings, redirecting funds toward improving patient care.
The enthusiastic reception of this expansion, especially from smaller hospitals, has been gratifying. It confirms the need for such innovations in the healthcare sector and strengthens our resolve to continue our mission. We are not just a company; we are a team of motivated professionals dedicated to making a difference in healthcare. Our expansion to serve smaller hospitals and health systems is a significant milestone in our journey, but it is just the beginning.