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Full-Time

Sales Development Representative II

Confirmed live in the last 24 hours

Collectly

Collectly

51-200 employees

Tech-enabled patient billing platform for healthcare

Consulting
Hardware
Fintech
Financial Services
Biotechnology
Healthcare

Compensation Overview

$90k - $100kAnnually

+ Stock Options + 401k with Company Match + Student Loan Contribution

Entry, Junior

New York, NY, USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Communications
Lead Generation
Cold Calling
Salesforce
Requirements
  • Location: Must be located in New York City as this on an on-site role (Monday - Friday) in our Manhattan office.
  • 1+ year of inside sales experience, specifically in SaaS.
  • 1+ year of experience using sales tools such as Salesforce, Zoominfo, Salesloft and Sales Navigator.
  • Proficient in cold calling as the primary outbound prospecting activity, navigating targeted prospects through gatekeepers.
  • Experience with B2B net new outbound sales (not inbound).
  • Proven track record of success meeting and exceeding metrics expectations (activity, conversions, and overall quota).
  • Excellent communication skills, both written and verbal, with the ability to engage and influence potential clients.
  • Strong organizational skills and attention to detail, ensuring accurate and thorough documentation of leads and activities.
Responsibilities
  • Identify high-potential businesses and develop effective outbound strategies to attract them to our company.
  • Qualify leads and prospects by understanding their business needs, pain points, and decision-making processes.
  • Schedule discovery calls and virtual meetings for Account Executives with key stakeholders.
  • Effectively communicate the value proposition of our product to potential clients, generating excitement and interest.
  • Collaborate with the sales team to strategize and optimize lead generation efforts, sharing insights and feedback from prospect interactions.
  • Maintain accurate and up-to-date documentation of leads, prospects, and activities in Salesforce.
  • Act as a customer advocate to influence product roadmap decisions based on customer and prospect feedback.
  • Continuously stay updated on industry trends, competitive landscape, and product knowledge to effectively position our solution.

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

Growth & Insights
Headcount

6 month growth

18%

1 year growth

59%

2 year growth

195%
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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.