Healthcare Automation

An archive of all posts categorized under “Healthcare Automation” in the Ludi blog.

Stacks of coins arranged in ascending order with small green plants growing from soil atop each stack evoke concepts of growth and prosperity, much like the innovative strides made in healthcare automation. The blurred green background enhances this sense of advancement.

Mastering Provider Compensation: Pathways to Financial Success

In today’s healthcare landscape, managing provider compensation is more than just setting pay rates; it’s about aligning financial strategies with regulatory compliance and operational efficiency. In a recent HFMA webinar I hosted with our clients Scott Steiner (CEO) and Jonathan McGuire (Chief Compliance Officer) of Phoebe Putney Health System, we discussed trends and strategies for […]

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6 Trends Top of Mind for Health Systems: Insights from Becker’s CEO + CFO Roundtable

What a whirlwind experience at the Becker’s Healthcare CEO + CFO Roundtable in Chicago! It was a fantastic opportunity to connect with clients, future partners, and fellow healthcare leaders. I also had the privilege of speaking on a panel moderated by Scott Becker, where we explored CEO + CFO hospital strategies – and I’m excited

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A laptop on a blue surface with a stethoscope draped over it, hinting at the future of healthcare automation. Next to the laptop is an open spiral notebook and a pair of round, gold-framed glasses.

Navigating Compliance Risk in Physician Compensation: 3 Takeaways from Recent Cases

Navigating Compliance Risk in Physician Compensation: 3 Takeaways from Recent Cases An uptick in False Claims Act (FCA) settlements and judgments this past year serves as a stark reminder of the critical importance of maintaining accurate compensation practices in healthcare. Share As healthcare organizations navigate the complexities of physician compensation, it is essential to adhere

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Image of a physician or healthcare administrator typing into a laptop device with overlays that indicate provider compensation

Transforming Provider Compensation with AI: Opportunities, Risks, and the Path Forward

In an era of rapid technological advancement, the integration of artificial intelligence (AI) into healthcare is transforming many facets of the industry, including provider compensation. Recently, I conducted a webinar with Greg Endicott from Strategic Value Group, that delved into this topic. The session explored the evolving role of AI, particularly generative AI, in reshaping

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The Transformative Potential of AI in Provider Compensation

The Transformative Potential of AI in Provider Compensation: Emerging Trends & Implications The healthcare sector is currently undergoing a paradigm shift in its approach to provider compensation, driven by the rapid advancements in Artificial Intelligence (AI) technologies. It’s easy to understand why.  According to a recent report from McKinsey & Company, effectively deploying automation and

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Las Vegas Skyline

Exploring the ‘Next Frontier in Health’: 4 Takeaways from HFMA’s Annual Conference

Lady Gaga and The Dead may be headlining shows in Vegas these days, but that’s not why my colleagues and I were there last week. As a sponsor and exhibitor at the Healthcare Financial Management Association (HFMA) Annual Conference, the Ludi Team experienced the city’s glitz and glamour in a different light. We were excited

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Introducing DocTime Productivity 2.0

Transforming Provider Compensation Management for Healthcare Sustainability We are operating in an era of unprecedented financial and operational challenges for healthcare: Hospital labor costs have surged 24.8% since 2019¹ Contract labor expenses have skyrocketed by 257.9%¹ A projected physician shortage of up to 124,000 by 2034 threatens care quality² With over 77% of physicians now

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Healthcare analytics concept with a physician holding a pencil, typing on a laptop, with charts and a stethoscope in view

5 Misconceptions About Physician Payment Automation

Automation can be a boon to your hospital’s administration, as well as a major time saver. We all want technology to help us do our jobs better and faster. Yet, there are some misconceptions when it comes to automation, and, in particular, physician payment automation. At Ludi, we have found that the implementation process is

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New OIG Compliance Program Guidance: 4 Key Takeaways and the Impact on Hospital-Physician Relationships

On November 6, 2023, the Office of Inspector General (OIG) overhauled its General Compliance Program Guidance (GCPG) after many years. This long-awaited resource is already making a big splash in the health care compliance community. There are two ways to think about the GCPG. On one hand, it represents a comprehensive reference guide for health

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5 Key Steps to Successfully Managing a Physician On-Call Strategy 

Managing on-call physicians poses challenges for hospitals. Staffing certain specialties 100% of the time is not necessary, which is why on-call services are essential. In addition, hospitals negotiate separate payment terms for on-call physicians. All of this makes managing on-call complex and time-consuming, increasing administrative burden on hospital teams. Here are 5 key steps to

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The Challenging World of Provider Compensation: 5 Takeaways from AAPCP’s Annual Conference

The American Association of Provider Compensation Professionals (AAPCP) held its annual event last month in Ludi’s hometown of Nashville, TN. It was a great gathering that included hundreds of participants from health care organizations across the country. Here, we’ll cover the 5 key takeaways…

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Downtown Chicago Skyline

10 Key Themes I Heard at This Year’s Becker’s Hospital Annual Conference

Earlier this month, some of my colleagues and I attended the Becker’s 13th Annual Meeting in Chicago. As always, Becker’s puts on a top-notch conference, and this year was no different. In fact, the show was filled with substantive panels of hospital and payer executives, inspiring keynotes (including celebrities like Magic Johnson and Mark Cuban,

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A physician typing on a laptop with a stethoscope in front and in focus

5 Things to Watch for with Hospital-Physician Relationships in 2023

It’s a new year and while many of us are looking for a fresh start, the hospital industry is still reeling from last year’s challenges, both the ongoing impact from Covid, staffing and inflation. Additionally, although the endowment funds were producing dividends in the past decade, it has dramatically slowed with the stock market pulling

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Physician Payment Automation: 3 Steps to Evaluate Your Hospital’s Options

As we move into 2024, a critical focus for hospitals will be to cut costs, increase operational efficiencies and improve physician satisfaction. One way for hospitals to achieve this is by simplifying physician payment processes, which are often manually taxing, time-consuming, and come with both financial and compliance risk.  Even in a recent survey from

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4 Key Takeaways from the Tennessee Hospital Association’s Annual Conference

I recently had the pleasure of attending the Tennessee Hospital Association’s annual conference, where I moderated a panel called, “Challenges of a Hospital CFO.” I was joined by two fantastic hospital CFOs, Adam Hopper of Methodist North Hospital and Benjamin Cunningham of The University of Tennessee Medical Center. Both Adam and Benjamin graciously shared personal

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Emergency Room entrance at a hospital at night.

4 Ways to Optimize Your Strategy Around Physician On-Call Contracts

Nearly all hospitals have to manage on-call contracts. Whether you run a large hospital, trauma center or a small private hospital, chances are you have on-call physicians. There are several factors that make compensating on-call physicians tricky though. From rate differentiation and adhering to fair market value (FMV), to contract type, we’ll explore a few

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3 Trends That Will Impact Physician Compensation in 2022, and Why Automating Creates a Good Pathway Forward

Let’s face it, 2021 was yet another challenging year for healthcare providers. Hospitals nationwide worked hard to provide for their patients in a very uncommon time, while trying to remain profitable and operationally sound. But what does 2022 have in store for hospitals, specifically when it comes to the increasingly complex world of physician contracts

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Hear Me Out: Why Physician Contracts Don’t Belong in a Contract Management System

It’s no secret that hospitals, on average, partner with thousands of vendors throughout the year to ensure their business runs smoothly. They contract with vendors to supply many items, from paper towels and paperclips to sutures and implants. A contract management system is used to keep all these individual contracts in order, so this technology essentially

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Discover our key insights from the recent Becker's CEO + CFO Roundtable in our latest blog post.