MidMichigan Health Partners with Ludi to Launch New Integrated System to Simplify Physician Payment Processes
With Ludi’s DocTime technology, MidMichigan Health can help alleviate some of the administrative burden many providers face in day-to-day operations
NASHVILLE, Tenn., October 25, 2021 – MidMichigan Health, a non-profit health system headquartered in Midland, Michigan, has partnered with Ludi, Inc., a healthcare technology firm, to launch Ludi’s award-winning DocTime solution and financial management platform. The system is designed to automate and simplify how their medical teams are paid.
“Now more than ever, our healthcare providers and staff schedules are packed, day in and day out. In fact, we continuously seek innovative ways to alleviate time consuming tasks that can be done more efficiently,” said Paul Berg, M.D., president, MidMichigan Physicians Group. “One area we looked to enhance was the reduction in time needed to process payments. Ludi’s DocTime technology was the solution we were looking for as the software automates the entire payment process in one management system. The ease in integration it offered and time-savings it provided has given precious time back to our teams, allowing for more focused time with the people that need it most – our patients.”
Ludi’s DocTime technology enables physicians to digitally track their time through a simple, four-button mobile app. The solution acts as a one-stop shop for any kind of physician payment, from medical directorships and co-management agreements to on-call, research or teaching agreements, bonuses, large PSAs and wRVUs.
The platform includes a financial backend that confirms all contract specifications are met, prevents payment errors, automates complex payment calculations and ensures an easy approval workflow for hospital administrators. In addition, DocTime provides a powerful reporting engine that enables real-time data analysis, such as Medicare reports on physician payments and compliance detail.
“Medical professionals are one of the most critical partners a hospital has,” said Ludi Founder and CEO Gail Peace. “Forward-thinking health systems, such as MidMichigan Health, are fully committed to that principle. As a result, they are doing everything they can to leverage payment-automation technology to not only enhance their operational and financial strategies, but also reinforce their strong physician relationships.”
About MidMichigan Health
MidMichigan Health, a non-profit health system headquartered in Midland, Michigan, is a leader in providing award-winning, high-quality care to the 23-county region it serves. With Medical Centers in Alpena, Clare, Gladwin, Gratiot, Midland, Mt. Pleasant and West Branch, MidMichigan Health provides a full continuum of care across a wide array of settings, including urgent care centers, home health, virtual care, as well as medical offices in more than 30 specialties and subspecialties including cardiology, hematology/oncology, orthopedics, vascular surgery, family medicine and more.
About Ludi, Inc.
Ludi, Inc. is a healthcare technology company making it easier for hospitals to pay physicians. Ludi’s DocTime Suite automates the payment process for any type of physician arrangement from a signed contract to payment. Ludi is trusted by hundreds of hospitals nationwide to help them optimize their physician compensation strategies resulting in significant cost savings, improved physician satisfaction and reduced compliance risk and administrative burden.
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