GRAND RAPIDS, Mich., November 19, 2020 (Newswire.com) - SpendMend, the leading provider of cost cycle management solutions to the healthcare industry, today announced the addition of Jody Hatcher to their Board of Directors.
Hatcher, a 30-year leader in healthcare, served most recently as the President of Vizient's supply chain services division where he oversaw a large and diverse set of businesses. Prior to that, he served as President and Chief Executive Officer of Novation, which became part of Vizient in 2015. Hatcher served in a number of other leadership and operational roles prior to becoming President and CEO of Novation.
"Jody Hatcher brings unparalleled experience and expertise to his seat on the SpendMend board," said Sean Dempsey, Partner at Sheridan Capital Partners. "Despite the unique challenges globally in 2020, SpendMend is on track to achieve its second straight year of revenue growth exceeding 30%. This impressive growth, coupled with the recent acquisition and ensuing launch of SpendMend Pharmacy, presents an exciting time for Jody to join the team. Jody will provide key insights and expert guidance as SpendMend continues to grow its valuable suite of cost cycle management solutions."
"I am excited to join the SpendMend board," states Hatcher, "For years, I've admired the dedication this company has consistently demonstrated in its service to the healthcare industry. As hospitals are fighting to navigate their way through the COVID-19 pandemic, SpendMend's growing suite of solutions promises to offer bottom-line support and cash flow improvements, while also offering critical insights for better management of the P2P and cost cycles going into 2021."
"Jody Hatcher is a perfect fit for our company at this crucial time," adds Dan Geelhoed, CEO of SpendMend. "His experience supporting and advocating for hospitals, for over 30 years, uniquely qualifies him to help us promote our mission to help hospitals better fund patient care through our delivery of innovative cost-saving solutions, improved process visibility and stronger business relationships."
SpendMend is a leader in cost cycle management and delivers visibility, insights and optimization for more than 250 healthcare systems nationwide. For 27 years our goal has been to uphold the highest ethical and moral standards, while helping hospitals improve patient care through our delivery of innovative cost-savings solutions, insightful transaction analysis, and improved visibility across business relationships.