Ludi's flagship product, the DocTime® Suite, is a robust SaaS financial and compliance management system designed to simplify how hospitals and health systems manage and process physician payments.
It automates the payment process for various physician arrangements, including employed contracts, medical directorships, on-call agreements, locum tenens, and hospital-based PSAs. The suite includes key components like the DocTime® Log mobile app for real-time time tracking, a Calculation Engine for accurate payment and wRVU true-ups, Approval Workflows, and a Payment Hub to digitize contracts. It serves as a single source of truth for all physician compensation data, enabling powerful administrative reporting and data-driven decisions.
Key benefits include an average 5x ROI and a 50% reduction in administrative time and costs for clients. Crucially, it provides compliance safeguards to mitigate risk from violations of regulations like Stark Law and the Anti-Kickback Statute. The system is designed for easy implementation with minimal IT involvement and seamless integration with existing Payroll, AP, and EHR systems. Ludi was founded in 2012 and serves hundreds of hospital and health systems nationwide.