Full-Time
Director/Principal Product Manager
Confirmed live in the last 24 hours
Collectly
51-200 employees
Tech-enabled patient billing platform for healthcare
Compensation Overview
$150k - $180kAnnually
Senior, Expert
Santa Monica, CA, USA + 1 more
- 5+ years of Product Management experience in a B2B SaaS company and/or experience as a founder preferred
- Passion for solving challenging problems in healthcare, with a deep understanding of the U.S. healthcare market
- Strong product sense, analytical sense, and execution sense
- Self-starter with a bias towards action
- Managed a successful product from 0-1 or grew and existing product significantly
- Relentlessly focused on customers’ needs
- Deep analytical, prioritization, and problem-solving skills
- Exceptional interpersonal communication
- Located in Los Angeles, California or willing to relocate as this role is on-site in our Santa Monica office
- Own the roadmap and execution both for customers and business clients
- Lead product discovery to find key business opportunities
- Leverage customer behavior data and solicit ideas to build a fully fleshed-out product backlog
- Define success KPIs to measure and report progress on goals
- Communicate clearly and crisply with leadership stakeholders
- Work with engineering and design teams to ensure that we build scalable solutions
- Work with our sales and customer success teams to always check the pulse of the market
- Work with support to ensure that we iterate and improve upon the product experience
Collectly is a patient billing platform that simplifies the medical billing process for healthcare providers. It serves a variety of clients, including private practices, hospitals, and billing companies, by enhancing the patient payment experience from check-in to post-service billing. The platform integrates with existing Electronic Health Records (EHR) and Practice Management (PM) systems, allowing healthcare providers to streamline their billing operations. Collectly offers features like self-served payment plans, enabling patients to manage their payments online, which has been shown to increase collections by 23%. Unlike many competitors, Collectly operates on a subscription-based model, charging healthcare providers for access to its services, which significantly reduces the time spent on billing inquiries and improves cash flow. The goal of Collectly is to create a more efficient and user-friendly billing experience for both healthcare providers and patients.
Company Stage
Series A
Total Funding
$34M
Headquarters
Pasadena, California
Founded
2017
6 month growth
↑ 18%1 year growth
↑ 59%2 year growth
↑ 195%
Simplify's Take
What believers are saying
- The recent $29 million Series A funding round led by Sapphire Ventures positions Collectly for significant growth and expansion.
- Collectly's impressive metrics, such as a patient net collection rate of 86-95% and an average of just 12.6 days to collect a medical bill, highlight its effectiveness and potential for high ROI for healthcare providers.
- The platform's ability to save medical providers up to $200 billion underscores its substantial impact on the healthcare industry.
What critics are saying
- The competitive landscape in healthcare fintech is intense, requiring Collectly to continuously innovate to maintain its edge.
- Dependence on seamless EHR and PM system integration means any technical issues could disrupt service and client satisfaction.
What makes Collectly unique
- Collectly's seamless integration with existing EHR and PM systems sets it apart from competitors who may require more complex implementations.
- The platform's ability to increase patient collections by 23% and reduce billing-related calls by 80% demonstrates a clear advantage in efficiency and user satisfaction.
- Collectly's focus on transparency and ease of use in patient billing enhances the overall patient experience, a critical differentiator in the healthcare sector.