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05/10/2018 

Ludi Newsletter

Dwindling reimbursement, regulatory uncertainty, and shifting payment models have hospital leaders navigating a rapidly growing landscape of choices. Here are our notes on what decision-makers need to know in the industry to stay ahead of the changing tides.

Handpicked Articles For You

Organizations said they will advance testing of a secure digital ID proof-of-concept program is designed to reach millions of consumers while Trusted Key also announced a $3 million round of funding. Patient matching issues cost hospitals $1.5M a year.

Healthcare IT News

New research from PwC found the U.S. health industry is undergoing “seismic change” generated by a collision of forces, such as the shift from volume to value, rising consumerism and the decentralization of care. 

“The last six months have seen an explosion in unusual deals with the potential to reshape the US health ecosystem,” PwC authors wrote.

Hoag Hospital completed 10k robotic surgeries: 3 takeaways

Becker's Healthcare

Hoag Hospital Newport Beach surgeons completed their 10,000th surgery using the da Vinci System and you don't want to miss their three takeaways!

  Insights From Our Blog

In our most recent blog, "The Hail Mary Play...3 Easy Ways to Minimize Physician Compliance Errors" Ludi CEO Gail Peace talks about how given the time of year, you will likely be staring at a stack of 100 time logs from physicians who want to be paid.

The Hail Mary Play……3 Easy Ways to Minimize Physician Compliance ErrorsWith that being said, here are 3 tips for minimizing compliance errors:

Make it easy for the physician to give you what you need to pay to pay them. This sounds like a no brainer, but seriously, physicians are running 100 miles an hour everyday. They do not always know the compliance rules related to Stark Law and the Anti-kickback Statute. So, if your hospital needs the physician to document work performed, make that process easy for the them.

Provide a process that keeps the physician inside the lines with what they write. Not only is it difficult for you to read what physicians write on paper time logs, it is also super annoying for them to have to remember what is in their contract as they are logging their time. Offer the physicians a format that has the duties in their contract that they are required to provide each month. 

Check the math… the hours worked, the payment rate and contract terms. Review the documentation submitted to ensure the math is correct, the hourly rate is consistent with the contract, and the monthly or annual hours do not exceed the maximum. Put a system in place to ensure you don’t exceed these maximums.

Read the Full Article Here

Ludi Announces Cooper McGoodwin as Director of Product

McGoodwin will be responsible for leading Ludi’s product development strategy to expand the company’s offerings of software as a service (SaaS) products.

He will also manage the product development team and oversee the day-to-day development operations, including upgrades of current Ludi product offerings.

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Cooper McGoodwin

Learn More

[Webinar] Physician Contracting Whack-A-Mole: Playing to Win

Healthcare organizations often struggle with developing processes and best practices for both the creation and the execution of physician agreements. By knowing the risks, you can squash problems before they pop up as potential violations with serious consequences.

Physician Contracting Whack-A-Mole_ Playing to Win

Scheduling conflict? Register for the webinar and we’ll send you the slides in a follow-up, even if you can’t make the time!

Who Owns Physician Administrative Agreements?

Physician administrative agreements are such a critical part of hospital strategy! 

Watch our President and CEO Gail Peace explain why physician contract management is a "hidden problem" and what hospitals can do to manage their contracts effectively.

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