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SpendMend LLC, of Grand Rapids, US, provides financial recovery, vendor management and auditing services to healthcare organizations.
SpendMend offers profit recovery, vendor management and purchased-services auditing to hospitals, clinics and suppliers in the US and Canada, mainly through project fees or monthly subscriptions. Founded in 1993 and based in Grand Rapids, US, the company is led by CEO Daniel Geelhoed. On March 2, 2022, Morgan Stanley and Sheridan Capital Partners acquired a majority stake as part of a recapitalization, and the company is at Seed stage.
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