SpendRule raises $2M, emerges from stealth to help hospitals track spending

SpendRule raises $2M, emerges from stealth to help hospitals track spending

SpendRule, launched last summer, is an AI-powered platform that helps healthcare systems track their spending.

SpendRule Launches AI-Powered Contract Intelligence Platform with OSF HealthCare and MemorialCare

What You Should Know The Launch: SpendRule has officially launched its AI-powered contract intelligence platform, backed by investors like Abundant Venture Partners and MemorialCare Innovation Fund.The Problem: “Purchased Services” (non-labor spend like housekeeping, IT, and food service) represent a $323 billion category where hospitals often overpay due to complex contracts. Industry estimates suggest $32 billion is wasted annually on preventa…