We engaged SpendMend to assist us in evaluating and reducing our purchased services spend, a growing segment of our operating expenses. Their patented methodology to compare actual spend to contract spend, using line-item invoice detail, helped us recover hundreds of thousands of dollars related to inaccurate billing. Further, they’ve been responsible for well over a million dollars in cost savings by partnering with us to evaluate our rates against market rates for services, ultimately leading to re-negotiated terms with our vendors, and I anticipate more to come as we continue our work with SpendMend. I couldn’t be more pleased with their approach and results.

 

Christine Pearson, Chief Financial Officer
AnMed Health System