MDComp
MDComp is a provider compensation management solution, now an acquired brand of Ludi, Inc., serving healthcare organizations with the DocTime platform for compensation workflows, contract review, and provider payment processing.
- Company typePrivate
- Founded-
- HeadquartersBirmingham, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What MDComp does
MDComp is a provider compensation management solution originally built by healthcare professionals including health system executives and compensation consultants. The platform enables healthcare organizations to manage provider compensation workflows, including contract review and provider payment processing, with claimed aggregate processing volumes in the billions of dollars and an average 5x ROI for clients. MDComp operates as a subsidiary brand of Ludi, Inc., a privately held US corporation based in Birmingham, and has been integrated into Ludi's broader provider compensation ecosystem alongside the DocTime platform, which serves as the unified core product offering.
The underlying technology centers on the proprietary DocTime platform, a web and mobile (iOS and Android) application that streamlines provider compensation processes and delivers data-driven insights to healthcare partners. DocTime is designated as a Workday Innovation Partner within the Workday ecosystem and holds HITRUST i1 certification, indicating validated security and privacy controls for sensitive healthcare data. The product is positioned for enterprise healthcare buyers — hospitals and health systems — with an enterprise field-sales GTM motion routed through demo requests and direct login for existing MDComp users.
The business model is a subscription-based SaaS offering with quote-based enterprise pricing (not publicly disclosed). Revenue is generated through software licensing and potentially professional services for healthcare provider compensation management. The firm is small (1–10 employees) with no disclosed funding history, parent investor roster, or revenue figures. MDComp users are being migrated to the DocTime platform under Ludi, Inc., with continued access via mdcomp.app during the transition.
MDComp firmographics
Firmographics- Name
- MDComp
- Legal name
- Ludi, Inc.
- Website
- https://mdcomp.net
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MDComp is a provider compensation management solution, now an acquired brand of Ludi, Inc., serving healthcare organizations with the DocTime platform for compensation workflows, contract review, and provider payment processing.
- Ownership category
- akta.pro rank
MDComp industry classification
Industry- Product category
- Healthcare Provider Compensation Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Healthcare Master Data Management (MDM) & Patient/Provider Identity Data (HLACAIAB)
- akta.pro secondary industry
- MDM Platforms (Customer/Product/Supplier/Location) (HDAEADAA)
Keywords
Where MDComp is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United States
- HQ region
- North America
Markets served
MDComp business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Provider Compensation Management Platform: Subscription-based software platform for healthcare provider compensation management. The platform processes provider payments and reviews contracts, generating revenue through software licensing and potentially professional services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
MDComp product offering
Product offeringCore offering
MDComp provides a provider compensation management solution for healthcare organizations. The offering centers on the DocTime platform, which streamlines provider compensation processes, tracks compensation performance, and delivers data-driven insights. The platform processes provider payments and reviews provider contracts, and is accessible via web login and mobile applications on iOS and Android. The MDComp product itself remains accessible to existing users as it is being transitioned into the broader Ludi ecosystem.
Product overview
MDComp is a provider compensation management solution that has been acquired and integrated into Ludi's product portfolio. The current offering consists of the DocTime platform as the core product, with MDComp now serving as a legacy brand being transitioned to Ludi. The DocTime platform is available as both a web application and mobile app (DocTime App) for iOS and Android. MDComp users are being migrated to the Ludi/DocTime ecosystem, with continued access available through mdcomp.app.
Differentiator
Problem solved
Functional benefit
Brands
- DocTime: Provider compensation management platform that simplifies provider compensation processes, helping healthcare partners navigate strategies with confidence, clarity, and data-driven insights.
Products and services
- MDComp Provider compensation management solution acquired by Ludi, Inc., providing healthcare organizations with compensation management, performance tracking, and contract review capabilities. The product remains accessible to existing users at mdcomp.app while transitioning into the Ludi platform.
- DocTime Platform Ludi's primary provider compensation management platform that streamlines compensation processes, enables performance tracking, and delivers data-driven insights for healthcare organizations. Processes provider payments and supports review of provider contracts.
- DocTime App Mobile companion application for the DocTime platform, available on iOS App Store and Google Play, allowing providers to track time and access compensation-related features on mobile devices.
Quantifiable outcome
- 5x average ROI for clients using DocTime
- +1 more outcomes
Companies that use MDComp
Customer profileSegments1 record
Ideal customer profiles1 record
MDComp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
MDComp partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- WorkdaycoreWorkday Innovation Partner designation. Ludi's DocTime platform is recognized as an innovation partner within the Workday ecosystem, suggesting integration or compatibility with Workday's enterprise software solutions.
- HITRUSTcoreHITRUST i1 Certified designation demonstrates the company's commitment to healthcare security and compliance standards. This certification validates the security posture of the DocTime platform for handling sensitive healthcare data.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
MDComp competitors and assessment
Company assessmentDirect peers
- QGenda: QGenda is a leading provider of healthcare workforce scheduling, compensation, and credentialing solutions, directly competing with MDComp/DocTime on provider compensation and time tracking.
- SullivanCotter: SullivanCotter specializes in healthcare compensation and workforce strategy consulting and benchmark data, addressing the same provider compensation challenge MDComp targets.
- Ludi, Inc. Ludi is the parent company and operator of the DocTime platform that absorbed MDComp, making it the most direct peer as the same provider compensation management offering under a unified brand.
- Healthcare Compensation Specialists (Pearl Meyer): Pearl Meyer is a compensation consulting firm that supports healthcare organizations with physician and executive compensation advisory services, an alternative to platform-based approaches.
Broad incumbents
- Strata Decision Technology: Strata provides financial planning and analytics for health systems, including provider productivity and compensation analytics, broadly serving the same buyer as MDComp.
- Premier, Inc. Premier is a large healthcare improvement and supply chain company whose services include workforce and compensation advisory to health systems, placing it as an adjacent broad incumbent.
- Symplr: Symplr is a healthcare governance, risk, and compliance platform with credentialing and provider data management capabilities that overlap with provider compensation workflows in hospitals and health systems.
- Workday: Workday is the enterprise HR and compensation platform cited as an Innovation Partner; it competes in adjacent comp management space while offering integration pathways used by MDComp/DocTime.
Emerging players
- Meroka: Meroka is an emerging independent practice management platform supporting physician compensation and operations, representing a smaller direct competitor in provider financial workflows.
- Kyruus: Kyruus provides provider data management and patient-provider matching for health systems, overlapping on provider master data and identity domains central to compensation platforms.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
MDComp social profiles
Digital presenceMDComp compliance and trust
Trust signalCompliance1 record
MDComp financial estimates
Financial estimateRevenue estimate
Valuation estimate
MDComp leadership team
Management profileNumber of profiles
Profiles1 record
MDComp subsidiaries and ownership
Company hierarchySubsidiaries1 record
MDComp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MDComp 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 MDComp
What does MDComp do?
MDComp provides a provider compensation management solution for healthcare organizations. The offering centers on the DocTime platform, which streamlines provider compensation processes, tracks compensation performance, and delivers data-driven insights. The platform processes provider payments and reviews provider contracts, and is accessible via web login and mobile applications on iOS and Android. The MDComp product itself remains accessible to existing users as it is being transitioned into the broader Ludi ecosystem.
Is MDComp a public or private company?
MDComp is a private company. It is classified as corporate owned and is currently operating.
When was MDComp founded?
MDComp was founded in -1. It employs 1 to 10 people.
Where is MDComp based?
MDComp is headquartered in Birmingham, United States, in the North America region.
How does MDComp make money?
One revenue line is on record: provider Compensation Management Platform.
Who are MDComp's main competitors?
Direct peers on record are QGenda, SullivanCotter, Ludi, Inc. and Healthcare Compensation Specialists (Pearl Meyer). Broad incumbents are Strata Decision Technology, Premier, Inc., Symplr and Workday. Emerging players are Meroka and Kyruus.
Does MDComp have an API?
No public API is recorded for MDComp.
What industry is MDComp in?
MDComp's product category is Healthcare Provider Compensation Software. Its primary akta.pro industry code is HLACAIAB, Healthcare Master Data Management (MDM) & Patient/Provider Identity Data, with a secondary code of HDAEADAA, MDM Platforms (Customer/Product/Supplier/Location). Its NAICS code is 51821 and its SIC code is 7372.