SpendMend Acquires Rebate Insight to Expand Suite of Healthcare Cost-Cycle Optimization Solutions

The Acquisition of Rebate Insight Provides SpendMend with Advanced Rebate Management Automation Tools to help Healthcare Organizations Maximize Rebate Earnings and Reduce Supply Costs SpendMend, a leading provider of solutions to optimize the cost-cycle for the healthcare industry, today announced the successful completion of its purchase of Rebate Insight, a software solution provider that streamlines the management and optimization of rebates for healthcare organizations. Rebate management is an essential part of reducing the overall cost of supplies, leading to better operating margins and improved cash flow for healthcare organizations. Rebate Insight has developed a best-in-class solution to help healthcare organizations optimize their rebate potential and reduce supply costs by automating the data organization and analysis. The software provides real-time compliance insights, forecasting tools, and powerful data analytics to help hospitals and healthcare systems maximize their rebate earnings. Community Memorial Health System’s Senior Vice President and COO, Adam Thunell, praised Rebate Insight for providing real-time visibility into rebate opportunities. “Through the automated dashboards and forecasting functionality, our supply chain team has real-time data, allowing us to be more strategic in our decision-making and increase our rebates,” said Thunell. Tony Garcia, Founder & CEO at Rebate Insight, expressed high optimism about the acquisition, ...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Adam Thunell Automation Community Memorial Health System Dan Geelhoed Health IT Acquisitions Healthcare Data Healthcare M&A Jonas Langvad Rebate Insight Rebate Management Reducing Costs SpendMend Source Type: blogs