“Controlling costs is arguably the biggest challenge facing health systems across the country today,” Scott McLean, managing director at Spectrum Health Ventures, said in the news release.
SpendMend uses data, analytics and other technologies to help healthcare companies save money.
“This investment is one of several we have implemented that demonstrate a track record of meaningful solutions to bend the cost curve and support our ability to invest in healthier communities,” stated Feby Abraham, executive vice president and chief strategy officer for Memorial Hermann Health System.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.