SpendMend Receives Supplier Horizon Award from Premier Inc.

GRAND RAPIDS, Mich., June 21, 2018 /PRNewswire/ -- SpendMend today announced that it is a winner of the Supplier Horizon Award from Premier Inc., a leading healthcare improvement company.

One of 11 suppliers to receive the award this year, SpendMend was recognized for its support of Premier members through exceptional local customer service and engagement, value creation through clinical excellence and commitment to lower costs.

"We are honored to be chosen as one of the Supplier Horizon Award winners. Our vision was to change the recovery audit industry and provide improved spend visibility, actionable insights and a path to prevent future financial leakage.  Our clients have embraced the change in direction and are seeing firsthand the benefits.  This award provides further confirmation that organizations are looking for sustainable, long term solutions."  Dan Geelhoed, CEO.

SpendMend accepted the award at Premier's 2018 Breakthroughs Conference and Exhibition on June 19.

"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. "We're honored to recognize them as a Horizon Award recipient."

Horizon Award winners have tenure of less than three years as a Premier contracted supplier.

About Premier Inc.
Premier Inc. is a leading healthcare improvement company, uniting an alliance of approximately 3,900 U.S. hospitals and more than 150,000 other provider organizations. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost. Please visit Premier's news and investor sites on www.premierinc.com.

About < At SpendMend, we go above and beyond traditional cost recovery delivering spend visibility across an entire organization. We uncover hidden data and use our industry expertise to find the root cause of Financial Leakage and provide a path to prevention - mending future loss. When cost recovery audits use aged transactions, it is challenging to analyze why Financial Leakage occurs and to close the control gaps. The findings are often irrelevant to the current day to day practices. However, by uncovering or exposing "Dark Data" within the cost cycle, we can provide accurate visibility to the Financial Leakage.

SpendMend delivers greater spend visibility, operational efficiencies and exposes the control gaps providing a Path to Prevention.

Media Contact: Michael Koory, [email protected]

SOURCE SpendMend