SpendMend Releases Trulla Upgrade to Expand Service to Smaller Hospitals and Health Systems

SpendMend, a prominent provider of healthcare industry cost optimization solutions, has announced an update to its pharmacy analytics and procurement software, Trulla. The latest version introduces enhancements in functionality and user experience, marking a significant improvement over its predecessors. Trulla, a cloud-based tool equipped with advanced AI algorithms, identifies financial leakages and obscured data in pharmacy spending, saving over $250 million in drug costs for hospitals and health systems. The 2023 statistics indicated an average annual saving of 1.6% per client's pharmacy spend, translating to more than $12,000 daily.

Designed by pharmacy professionals, the Trulla software empowers pharmacy leaders with real-time, in-depth analytics and automates procurement processes. The software's expansion to accommodate smaller healthcare entities broadens its cost-saving potential across the sector. Curtis McEntire and Jake Thompson of SpendMend highlighted the update's significance for smaller institutions and independent facilities, emphasizing its role in enhancing patient care through improved pharmacy procurement. The upgrade aims to democratize advanced pharmacy cost-saving tools, further cementing SpendMend's mission to optimize healthcare expenditures.