SpendMend and Premier By The Numbers

20

Years Delivering Value as a Premier-Awarded Supplier

232

Million Dollars to Premier Members Since 2016

57

Premier Members as Clients

Contract

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Partnering To Keep Health Systems Healthy

Premier Inc. is a healthcare improvement company uniting an alliance of approximately 4,000 U.S. hospitals and health systems and approximately 165,000 providers. For more than 20 years, SpendMend has partnered with Premier to drive value back to members. By working together to review crucial databases and transaction records, Premier and SpendMend have delivered over $230,000,000 of value to Premier members over the years.

Premier Breakthrough

2022 Supplier Legacy Award

“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.

Over 150 Major U.S. Health Systems Use SpendMend Profit Recovery

Find out what Premier members have known for over two decades about the healthcare industry’s leading profit recovery solution. Watch this quick overview to see how SpendMend can help your health system recover lost revenue, improve efficiency, and illuminate your dark data.

Press Release

SpendMend Receives Supplier Legacy Award From Premier Inc.

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Contracted Premier Solutions

Premier and SpendMend partner to deliver member health systems a full suite of solutions designed to manage cost savings, recover lost revenue, improve efficiency, and illuminate dark data.

Recover lost funds by auditing historical accounts payable transactions. Our team identifies duplicate payments, overpayments, missed discounts, vendor statement credits, and much more—helping hospitals recover revenue while strengthening financial controls and visibility.

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Reclaim dormant funds owed to your organization. We conduct a thorough review of unclaimed property, helping you to recover significant assets from vendors, states, and third parties.

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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.

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Identify and secure reimbursement opportunities tied to federal and state funding programs. We help health systems collect eligible funds that are often overlooked or delayed in disbursement.

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Trusted by Over 150 Major U.S. Health Systems

“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

“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

“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

“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

"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

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

– Controller, Regional Health System