Founded in 2012 and based in Nashville, Ludi develops DocTime Suite, a platform that automates physician payment processes for hospitals. DocTime tracks, manages and audits payments from signed contracts to payment, handling complex rules, data and compliance tasks in one system. On average, DocTime customers experience an 80 percent reduction in administrative time and costs and a reported 5–6x ROI. Trusted by hundreds of hospitals nationwide, the platform aims to optimize physician payment processes, increase physician satisfaction and reduce compliance risk and administrative burden. The company plans to use the growth recapitalization to expand its DocTime Suite and enhance its value proposition to hospital systems and physicians. Leadership will transition as founder Gail Peace moves to the board and Danielle O’Rourke becomes CEO, signaling an operational focus under new management. Ludi’s core product, DocTime Log®, is a secured, web‑hosted physician payment platform that includes an automated mobile solution for physicians to log hours, automated workflow, time‑log approval tracking, and analytic reporting. The product is designed to drive regulatory compliance, reduce administrative costs and variation, streamline operations, and build trust with physician networks. Ludi hosts its web‑based solutions for ease of implementation and confidentiality. The company says the new funding will be used to scale during a period of rapid growth. Ludi serves hospitals, health systems, and outpatient service providers nationally and recently completed the four‑month Healthbox accelerator in Chicago. The company was founded in 2012 and is based in Chicago.

Total raised

$1M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2014