SpendMend, a Grand Rapids, MI-based provider of solutions to optimize the cost-cycle for the healthcare industry, acquired Rebate Insight, a Los Angeles, CA-based software solution provider that streamlines the management and optimization of rebates for healthcare organizations.
The amount of the deal was not disclosed.
With the acquisition, SpendMed will add advanced rebate management automation tools to help healthcare organizations maximize rebate earnings and reduce supply costs.
Led by Tony Garcia, Founder and CEO, and Jonas Langvad, Co-founder & COO, Rebate Insight is a software provider that streamlines the management and optimization of rebates for healthcare organizations. The software provides real-time compliance insights, forecasting tools, and data analytics to help healthcare organizations maximize their rebate earnings.
Led by CEO Dan Geelhoed, SpendMend is a provider of tech-enabled, cost-savings solutions in the healthcare industry. Combining the use of data, proprietary technology, and analytics with its healthcare focus and expertise, the company partners with healthcare networks to expose the dark data to improve and optimize their costs in meaningful and collaborative ways.
Rebate Insight’s clients can expect no interruption of service as a result of the acquisition. Garcia and Langvad will continue to manage day-to-day operations for the new division from Rebate Insight’s headquarters in Ventura, California.
FinSMEs
07/06/2023