Time Study
Time Study, Inc. is a Richmond, Virginia-based enterprise SaaS platform providing time intelligence software for U.S. hospitals and health systems, enabling audit-defensible time studies for Medicare reimbursement, wage index, GME, transplant, and workforce optimization across 75+ hospital facilities.
- Company typePrivate
- Founded2018
- HeadquartersRichmond, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Time Study does
Time Study, Inc. is a Richmond, Virginia-based enterprise SaaS company founded in 2018 by Kishau Rogers that provides a time intelligence platform purpose-built for healthcare organizations. The platform addresses a specific compliance and reimbursement problem: hospitals must capture accurate, defensible time data for Medicare Cost Reports, Physician Part A wage index calculations, transplant center reimbursement, GME, Critical Access Hospitals, and physician group contracting. Customers have historically relied on manual, recall-based reporting using spreadsheets and paper/PDF processes that produce low participation rates and audit risk; Time Study replaces this with automated notifications, web and mobile data collection tools, RMTS support, validation workflows, attestations, and traceable audit trails.
The platform is architected around six core capabilities: an Enterprise Rules Engine that enforces consistent governance across roles, workflows, and activities; Smart Data Collection Tools for web/mobile time capture; Reports & Insights with dashboards and custom templates; an Audit Center for audit preparation; a Data Integration & Interface Engine connecting to enterprise identity and HR systems; and an Automation & Advanced Analytics layer providing AI-assisted classification and predictive insights. The solution is packaged into three go-to-market modules (Finance & Reimbursement, Operations & Workforce, Automation & Analytics) and six healthcare-specific solutions covering the major Medicare reimbursement use cases. SOC 2 Type II compliance and HIPAA alignment are core to the platform's enterprise posture.
The business model is enterprise SaaS with annual subscription pricing structured as a platform fee (covering implementation, onboarding, and dedicated Client Success) plus per-user licensing, with optional add-ons for additional users, data interfaces, and automated workflows. Pricing is quote-based and tailored to organization size and configuration, with discounts available for multi-year commitments, volume deployments, and partner program participation. Go-to-market is enterprise field sales targeting large healthcare organizations with an inside sales component, supported by content marketing, KLAS-validated benchmark reports, HFMA webinars, and earned media in Forbes, Yahoo Finance, and Healthcare IT Today. The company serves 75+ hospitals and has accumulated 19M+ hours of time study data, earning a 91.3/100 KLAS Overall Performance Score in June 2024.
Time Study firmographics
Firmographics- Name
- Time Study
- Legal name
- Time Study, Inc.
- Website
- https://timestudy.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Time Study, Inc. is a Richmond, Virginia-based enterprise SaaS platform providing time intelligence software for U.S. hospitals and health systems, enabling audit-defensible time studies for Medicare reimbursement, wage index, GME, transplant, and workforce optimization across 75+ hospital facilities.
- Ownership category
- akta.pro rank
Time Study industry classification
Industry- Product category
- Healthcare Time Intelligence Software
- NAICS
- Testing Laboratories and Services (54138)
- akta.pro primary industry
- Time, Attendance & Scheduling Administration (BPACAIAE)
- akta.pro secondary industries
- Healthcare Outcomes & Real-World Evidence (RWE) Analytics (BPAHALAN), eTMF & Trial Document Management (HLACAOAF)
Keywords
Where Time Study is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Time Study business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Enterprise SaaS Subscription: Annual pricing model with enterprise platform fee covering implementation, onboarding, and dedicated Client Success, along with user licensing based on the number of authorized users. Optional add-ons such as additional user blocks, data interfaces, and automated workflows are priced separately.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Platform Fee + User Licensing |
| Subscription | Multi-year contract | Multi-year Commitment Discounts |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Time Study product offering
Product offeringCore offering
Time Study is an enterprise SaaS platform for time intelligence, purpose-built for healthcare and complex organizations. It centralizes the configuration, collection, and reporting of time studies, replacing manual, recall-based processes with automated workflows that produce accurate, defensible data for Medicare cost reporting, wage index, GME, transplant, and operational use cases. Web and mobile tools, an Enterprise Rules Engine, an Audit Center, and AI-assisted analytics allow large health systems to track how time is spent without disrupting existing clinical or operational workflows.
Product overview
Time Study is a unified enterprise platform for time intelligence, purpose-built for healthcare and complex organizations. The core Time Study Platform serves as the central system, supported by three integrated solution modules: Finance & Reimbursement (for compliance and Medicare cost reporting), Operations & Workforce (for staffing and workflow decisions), and Automation & Analytics (for AI-powered insights). Healthcare-specific solutions include Physician Part A for Wage Index, Transplant Centers & BMT, GME & Paramedical Education, Critical Access Hospitals, Physician Group Contracting, and Operational Efficiency Tracking. Platform capabilities include the Enterprise Rules Engine, Smart Data Collection Tools (web/mobile/RMTS), Reports & Insights, Audit Center, Data Integration & Interface Engine, and Automation & Advanced Analytics.
Differentiator
Problem solved
Functional benefit
Products and services
- Time Study Platform
- Finance & Reimbursement Solution
- Operations & Workforce Solution
- Automation & Analytics Solution
Quantifiable outcome
- Compliance rate improvement from 75% to 96.4% within 3 months
- +6 more outcomes
Companies that use Time Study
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Time Study technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Time Study partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
Time Study competitors and assessment
Company assessmentBroad incumbents
- ADP Workforce Now: ADP is a large incumbent in payroll, HR, and workforce management with time and attendance modules used by many healthcare employers. It is a comparable enterprise SaaS platform for workforce time data, though it does not focus on CMS-specific healthcare time studies like Time Study.
- Workday: Workday is a leading enterprise HCM and workforce management SaaS provider used by many large health systems for payroll, time tracking, and HR. While broader in scope, its time and attendance capabilities overlap with Time Study's enterprise time tracking, and it is a plausible competitor or platform consolidator for healthcare workforce time data.
- UKG (Ultimate Kronos Group): UKG is a major workforce management and HCM vendor with deep enterprise time and attendance functionality widely deployed across hospitals. It competes in the same enterprise time tracking category as Time Study but is a broad incumbent across industries rather than a healthcare-time-study specialist.
- Strata Decision Technology: Strata Decision Technology provides financial planning, analytics, and performance software specifically to hospitals and health systems. It is comparable to Time Study as a healthcare-focused enterprise SaaS selling into hospital finance leadership, with overlapping buyer personas and similar go-to-market motion.
- Kaufman Hall (Vizient): Kaufman Hall, now part of Vizient, provides healthcare financial planning, decision support, and performance management software to hospitals. It targets the same hospital finance and operations buyer as Time Study and is a comparable enterprise SaaS incumbent in healthcare financial analytics.
- symplr: symplr is a healthcare operations platform spanning provider data management, workforce, and compliance for hospitals and health systems. It overlaps with Time Study in addressing healthcare operational and governance needs at large hospital systems, positioning it as a broader incumbent that could expand into time intelligence.
Direct peers
- Medisolv: Medisolv provides healthcare quality and clinical reporting analytics software for hospitals, addressing CMS quality reporting and regulatory compliance. It is comparable to Time Study as a healthcare-focused enterprise SaaS vendor selling analytics and reporting into hospital compliance and finance leadership.
- BESLER: BESLER provides healthcare reimbursement, Medicare cost reporting, and revenue integrity services and software to hospitals. It is comparable to Time Study because both serve hospital finance teams on CMS reimbursement workflows, and BESLER's time study and wage index work directly overlaps with Time Study's core use cases.
- PMMC: PMMC provides healthcare cost reporting, revenue cycle, and financial management software to hospitals and health systems. It is comparable to Time Study as a healthcare-focused vendor serving hospital finance teams on Medicare cost reporting workflows, with overlapping buyer personas and reimbursement-focused solutions.
Emerging players
- AKASA: AKASA builds AI-driven automation for healthcare revenue cycle and operations, targeting hospital finance teams with advanced analytics. It is comparable to Time Study in serving hospital finance and operations leaders with technology that automates complex administrative workflows, though it focuses on RCM rather than time intelligence.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Time Study social profiles
Digital presenceTime Study compliance and trust
Trust signalCompliance2 records
Time Study financial estimates
Financial estimateRevenue estimate
Valuation estimate
Time Study leadership team
Management profileNumber of profiles
Profiles1 record
Time Study funding detail
Funding detailFunding overview
Funding rounds7 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Time Study M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Time Study
What does Time Study do?
Time Study is an enterprise SaaS platform for time intelligence, purpose-built for healthcare and complex organizations. It centralizes the configuration, collection, and reporting of time studies, replacing manual, recall-based processes with automated workflows that produce accurate, defensible data for Medicare cost reporting, wage index, GME, transplant, and operational use cases. Web and mobile tools, an Enterprise Rules Engine, an Audit Center, and AI-assisted analytics allow large health systems to track how time is spent without disrupting existing clinical or operational workflows.
Is Time Study a public or private company?
Time Study is a private company. It is classified as venture growth investor backed and is currently operating.
When was Time Study founded?
Time Study was founded in 2018. It employs 11 to 50 people.
Where is Time Study based?
Time Study is headquartered in Richmond, United States, in the North America region.
How does Time Study make money?
One revenue line is on record: enterprise SaaS Subscription.
Who are Time Study's main competitors?
Broad incumbents on record are ADP Workforce Now, Workday, UKG (Ultimate Kronos Group), Strata Decision Technology, Kaufman Hall (Vizient) and symplr. Direct peers are Medisolv, BESLER and PMMC. AKASA is listed as an emerging player.
Does Time Study have an API?
No public API is recorded for Time Study.
What industry is Time Study in?
Time Study's product category is Healthcare Time Intelligence Software. Its primary akta.pro industry code is BPACAIAE, Time, Attendance & Scheduling Administration, with a secondary code of BPAHALAN, Healthcare Outcomes & Real-World Evidence (RWE) Analytics. Its NAICS code is 54138.