What Ludi does

Ludi, Inc. is a Nashville-based healthcare technology company that sells the DocTime Suite, a cloud-based SaaS platform used by hospitals and health systems to administer physician compensation. The suite is composed of four core modules — DocTime Productivity (wRVU calculation and reconciliation), DocTime Log (time and effort logging for administrative agreements), DocTime On-Call & Locum (shift-based contract management), and DocTime Spend (invoice and ad-hoc payments) — supported by a physician-facing iOS/Android mobile app. The platform addresses a narrow but high-stakes regulatory and operational problem: managing the full lifecycle of employed and contracted physician payments (production, medical directorships, co-management, teaching, on-call, locum tenens, PSAs, and bonuses) while maintaining compliance with Stark Law, the Anti-Kickback Statute, and Fair Market Value requirements.

The company's revenue model is anchored in enterprise SaaS subscriptions sold on annual quote-based contracts to hospital and health system finance, compliance, and operations buyers. Ludi supplements its seat/platform licensing with strategic services revenue through Ludi Boost, an AI-branded managed services offering that bundles compensation governance, program design, and administration via a network of more than 80 subject-matter experts. Go-to-market is consultative and direct, supplemented by association endorsements (notably the Tennessee Hospital Association, covering ~85% of Tennessee hospitals), Workday Innovation Partner co-selling, and active participation in healthcare finance and compliance conferences (HFMA, Becker's, HCCA, MGMA, AAPCP).

At scale, Ludi reports over $1 billion in provider payments processed and 140,000+ provider contracts reviewed across hundreds of U.S. hospitals. The company is PE-backed following a December 2023 growth recapitalization by Great Point Partners, which coincided with a CEO transition from founder Gail Peace to Danielle O'Rourke. Recent product and M&A activity — including the January 2025 acquisition of MDComp's wRVU Calculator and the April 2026 launch of Ludi Boost — signals a deliberate expansion of the platform's surface area from pure software into integrated technology-plus-services.

Name

Ludi

Legal name

Ludi, Inc.

Website

https://ludiinc.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Ludi is a Nashville-based healthcare technology company that sells the DocTime Suite, a cloud-based SaaS platform used by hospitals and health systems to administer, automate, and audit physician compensation, including wRVU productivity, on-call, and administrative payments.

Ownership category

akta.pro rank

Product category

Healthcare Provider Compensation Management Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Medical Billing & Coding Automation (HLACACAA)

Keywords

• Physician compensation software
• WRVU calculation platform
• Healthcare contract management
• Provider payment automation
• Healthcare compliance software

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. DocTime Suite SaaS Subscriptions: Ludi generates revenue through SaaS subscription licensing of the DocTime platform to healthcare organizations. The platform is offered as an integrated compensation management solution covering multiple modules (Productivity, Log, On-Call, Spend). Healthcare organizations pay to access the platform on a per-organization or per-module basis, with the software provided as a hosted service.
2. Ludi Boost Strategic Services: New strategic services offering under Ludi Boost that combines AI-enabled compensation tools with provider compensation consulting services. Provides access to over 80 experts for governance, program design, data insights, and end-to-end administration. This extends the revenue model beyond pure software into professional/managed services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

Ludi sells the DocTime Suite, a cloud-based physician compensation management platform used by hospitals and health systems to administer, calculate, and audit payments to physicians. The suite includes DocTime Productivity (wRVU calculation), DocTime Log (time and effort logging), DocTime On-Call & Locum (shift management), and DocTime Spend (invoice and ad-hoc payments), supported by iOS/Android mobile apps. In 2026 the company expanded the offering with Ludi Boost, an AI-enabled operating model that adds strategic compensation services, governance, and analytics on top of the core software.

Product overview

Ludi offers the DocTime Suite, a comprehensive and fully integrated physician compensation management platform that handles the complete payment lifecycle from signed contracts to actual payment. The suite consists of four core products: DocTime Productivity for production compensation and wRVU calculations, DocTime Log for time and effort logging on administrative agreements, DocTime On-Call & Locum for shift-based contracts, and DocTime Spend for invoice-based and ad-hoc payments. The platform is complemented by a mobile DocTime App available on iOS and Android. In April 2026, Ludi expanded its offering with Ludi Boost, an AI-powered operating model that adds strategic provider compensation services to the core technology platform.

Differentiator

Problem solved

Functional benefit

Products and services

• DocTime Productivity Manages employed physician contracts and tracks, calculates, and reconciles productivity-based payment methodologies such as wRVUs, salary true-ups, and profit sharing. Used by hospital finance and compensation teams to administer production-based physician pay.
• DocTime Log Time and effort logging application for managing and measuring work performed on medical directorships, co-management and teaching agreements, and pre- and post-transplant activities. Designed for physicians and used by hospitals to capture contract-required hours.
• DocTime On-Call & Locum Shift management portal and locums invoicing solution for day-to-day management of shift-based physician contracts including ER on-call, hospitalist, laborist, intensivist, teaching, and locum tenens arrangements. Used by hospital operations and scheduling teams.
• DocTime Spend Invoice-based and ad-hoc payment manager for handling bonus or incentive payments, monthly PSA payments for hospital-based services, and other physician payments outside of standard payroll. Used by hospital finance and accounts payable teams.
• DocTime App Physician-friendly mobile application available for iOS and Android devices that enables physicians to digitally track their time and view payment information, complementing the web-based DocTime Suite.
• Ludi Boost AI-powered operating model combining compensation technology with strategic provider compensation services for healthcare organizations. Provides access to over 80 experts for governance, program design, data insights, and end-to-end administration, and integrates compensation technology, operations, and governance into a single system.

Quantifiable outcome

• Average ROI of 3x for clients using DocTime
• +5 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• Ovation HealthcarecoreStrategic or Co-development Partner · 1 July 2025Ovation Healthcare and Ludi partnered in July 2025 to streamline operational efficiency and financial health for rural hospitals. Ovation Healthcare, which serves rural and community hospitals, recommended Ludi's DocTime platform to its member hospitals as part of a strategic partnership to address physician compensation management challenges in the rural hospital segment.
• NtractscoreTechnology or Integration · 9 April 2025Ntracts and Ludi announced a strategic partnership in April 2025 to streamline physician services and contracting processes for healthcare organizations. The partnership integrates Ntracts' physician services contracting capabilities with Ludi's DocTime compensation management platform, enabling a more seamless end-to-end workflow from contract creation through payment execution.
• Tennessee Hospital Association (THA) / THA Innovative SolutionsflagshipGTM or Marketing Partner · 1 May 2022Ludi is an endorsed partner of THA Innovative Solutions, a subsidiary of the Tennessee Hospital Association, as of May 2022. THA's membership includes 85% of Tennessee's hospitals and health systems. This endorsed partner status provides Ludi with preferential access to Tennessee's hospital market through THA's member network and due diligence-validated recommendation process.
• WorkdaycoreTechnology or IntegrationLudi holds Workday Innovation Partner status, indicating a technical integration and collaborative relationship with Workday's enterprise software platform. This partnership enables interoperability between Ludi's DocTime compensation management platform and Workday's HR and financial management systems.
• MDCompcoreTechnology or IntegrationLudi acquired MDComp's wRVU Calculator in January 2025, advancing innovation in production-based provider compensation. This acquisition brought MDComp's wRVU calculation technology into the DocTime platform, expanding Ludi's product capabilities in physician productivity compensation management.
• American Association of Provider Compensation Professionals (AAPCP)minorOthersLudi is a sponsor of the American Association of Provider Compensation Professionals (AAPCP), an industry organization focused on provider compensation professional development and standards. Ludi's sponsorship includes participation in and support for the AAPCP National Provider Compensation and Workforce Strategy Conference.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• symplr: Healthcare workforce operations platform that includes provider contract management, credentialing, and compensation-adjacent workflows. Most direct comparable to Ludi's physician contract/compensation focus, with a much larger customer base and broader GTM.
• QGenda: Provider workforce management platform covering physician scheduling, on-call, and compensation workflows. Strongly comparable to Ludi's DocTime On-Call & Locum and physician time/effort tracking capabilities.
• Strata Decision Technology: Healthcare financial planning and decision support platform used by health systems for service-line analytics, capital planning, and performance management. Comparable to Ludi in serving the same healthcare finance/operations buyer with analytical SaaS.
• Syntellis (AxiomEPM): Performance management software for healthcare and higher education, including physician compensation analytics. Direct overlap with Ludi's productivity compensation, benchmarking, and physician compensation modules.
• Ntracts: Contract lifecycle management software purpose-built for healthcare, covering physician and service contracts. Now a strategic integration partner of Ludi and a direct peer in physician contracting workflows.

Broad incumbents

• Premier Inc. Large healthcare performance improvement and data platform serving thousands of hospitals with analytics, supply chain, and workforce solutions. A broad incumbent that touches physician compensation as part of a much larger portfolio.
• Health Catalyst: Healthcare data and analytics platform offering decision support, population health, and financial/operational analytics for health systems. Broadly comparable in the data-driven operational decisioning that Ludi enables around compensation.
• R1 RCM: Large-scale revenue cycle management provider serving hospitals and health systems. A broad incumbent in healthcare financial workflows, with potential overlap in payment/compensation automation at the enterprise level.
• Waystar: Healthcare payments and RCM technology platform used by a large share of US hospitals. Comparable as an enterprise healthcare financial technology peer, though focused on claims/billing rather than physician compensation specifically.

Emerging players

• Phreesia: Patient intake, scheduling, and provider workflow platform with growing presence in healthcare operations. Adjacent overlap with Ludi in provider workflow and operational efficiency use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/doctimelog
• YouTubeyoutube.com/@CompAndContribution
• Facebookfacebook.com/LudiInc
• LinkedInlinkedin.com/company/ludi-inc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ludi