‍Advanced Data Analytics and Innovative Software Solutions Empower Yankee Alliance Members to Drive Cost Savings and Operational Excellence

ANDOVER, MA., January 16, 2024 – SpendMend, a leading provider of tech-enabled cost-saving solutions for the healthcare industry, has partnered with Yankee Alliance, a certified sponsor of Premier, Inc., to transform purchased services management for Yankee Alliance’s extensive membership base. The partnership leverages SpendMend’s advanced technology and data-driven analytics to enhance operational efficiency and deliver measurable cost savings.

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This collaboration underscores Yankee Alliance’s commitment to providing its members with innovative tools and strategies to optimize supply chain performance. Central to the partnership is SpendMend’s "Spend Under Management" approach, which empowers members to monitor invoices,verify pricing accuracy, and actively manage purchased services spending throughout the contract term.

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Key features of the technology include:

• Real-Time Visibility: Continuous monitoring of purchased services spending to  ensure contract compliance and accurate pricing.
• Actionable Insights: Identifying savings opportunities, correcting pricing  errors, and reducing inefficiencies.
• Continuous Optimization: Proactively managing spending across the contract lifecycle to sustain cost control and maximize value.

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“Yankee Alliance members are committed to pursuing savings in the delivery of healthcare while improving quality. We believe SpendMend offers the tools and expertise required to decrease purchased services costs and increase value. We are thrilled to launch our partnership,” said Amy Campbell, Chief Operating Officer of Yankee Alliance.

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“This collaboration demonstrates the power of combining cutting-edge technology with shared insights to solve complex challenges in healthcare,” said Derick Elliott, Chief Commercial Officer at SpendMend. “We are proud to support Yankee Alliance in their mission to help members achieve sustainable savings and operational excellence.”

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About Yankee Alliance
Yankee Alliance is a member-driven group purchasing organization with over 40years of experience in procurement. We believe in collaboration, that working together can achieve more than working alone. Our mission is twofold: to work with members to reduce supply and operating expenses through aggregation of data, purchasing, ideas and knowledge, and to excel in strategic innovations that continually assist members in reducing their cost while recognizing their individual needs. Today, Yankee Alliance remains true to the foundational belief in collaboration and has grown to over 18,400 healthcare members, across all 50 states.

For more information, visit www.yankeealliance.com or contact Amy Campbell, Chief Operating Officer, Yankee Alliance, at acampbell@yankeealliance.com.

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About SpendMend
SpendMend is the leading provider of tech-enabled, cost-saving solutions for the healthcare industry. Combining advanced technology, data analytics, and deep healthcare expertise, SpendMend partners with healthcare organizations to uncover hidden costs and improve financial performance. SpendMend’s mission is to help clients enhance patient care through innovative, technology-driven solutions. For more information, visit www.SpendMend.com or contact Kylee Ayar at ksavage@spendmend.com.