Collectly

Collectly Competitive Intelligence & Landscape

collectly.co ·

Collectly
ForesightIQ Predictions

What is Collectly likely to do next?

ForesightIQ connects Collectly's hiring, product, web, ad, and market signals to forecast strategic moves — often months before they're announced.

Hiring signal

Senior hiring patterns point to a planned enterprise product line launching within two quarters.

High confidence · Next 1–2 quarters
Product signal

Quiet changes to docs and pricing pages signal an upcoming usage-based pricing tier and new API surface.

Likely · Next quarter
Market signal

Ad spend and partnership activity indicate a push into the mid-market segment across two new regions.

Plausible · Next 2–3 quarters
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Overview

Collectly Overview

Collectly (collectly.co) is an AI Revenue Cycle Platform designed to automate and optimize the patient financial experience for healthcare organizations [https://collectly.co/]. The company specializes in combining intelligent automation with patient-facing agents to accelerate cash flow and reduce the cost of collections for its clients [https://collectly.co/]. Serving as a patient engagement platform, Collectly is utilized by over 3,000 healthcare organizations to manage tasks such as appointment reminders, digital check-ins, and secure medical bill delivery [https://www.collectly.co/faq].

Collectly offers a comprehensive suite of products and services that span the entire revenue cycle. This includes Pre-Visit solutions like intake automation, AI eligibility and benefits verification, and AI cost estimation. For the Point of Service, they provide secure copay collection and autopay enrollment. Their Post-Visit offerings encompass personalized patient engagement, smart statements, and Billie AI Voice, a 24/7 AI-powered voice agent for patient billing support [https://collectly.co/]. The platform automates post-visit billing and patient balance follow-up through intelligent statements and personalized outreach via SMS, email, text, chat, and voice [https://www.collectly.co/products/billing].

Targeting leading healthcare providers and medical groups, Collectly aims to streamline patient billing, boost revenue, and enhance patient satisfaction [https://www.collectly.co/customers]. The company, Collectly, Inc. [https://www.collectly.co/terms-of-service], is headquartered in San Francisco, CA [https://www.collectly.co/blog/collectly-expands-end-to-end-ai-powered-patient-financial-experience-with-launch-of-billie-ai-agent-eligibility-benefits] and Santa Monica, CA [https://www.collectly.co/blog/collectly-achieves-hitrust-i1-certification]. While the founding year is not explicitly stated on the provided pages, Collectly announced a $29 million Series A funding round in 2023, bringing its total capital raised to $34.1 million, led by Sapphire Ventures [https://www.collectly.co/blog/collectly-series-a-29m-funding].

Collectly emphasizes enterprise-grade compliance and security, adhering to healthcare industry standards such as maintaining HITRUST i1 Validated status. This certification confirms their robust data protection measures, including encryption, SSO/MFA, role-based access, continuous monitoring, and incident response [https://www.collectly.co/security-compliance]. Their mission is to empower healthcare leaders by providing an AI agent that transforms their revenue cycle, demonstrating a clear return on investment (ROI) for their practice [https://collectly.co/].

Competitors

Collectly Competitors

Collectly (collectly.co) operates as an AI-powered revenue cycle platform, specializing in medical billing solutions for healthcare organizations, from small medical groups to enterprise health systems. They differentiate themselves by offering an AI RCM Agent that automates workflows across pre-visit, point-of-service, and post-visit stages, including intake automation, eligibility verification, cost estimation, point-of-service payments, and patient engagement. Collectly aims to reduce manual work, lower collection costs, and accelerate cash flow, providing a seamless experience that integrates with various EHR systems.

Among Collectly's direct competitors in the healthcare revenue cycle management (RCM) space is Cedar. Cedar offers a platform that integrates billing and insurance information to simplify the payment process for patients and providers. While both companies focus on improving patient payments and the overall revenue cycle, Cedar's market positioning often emphasizes a holistic patient financial experience, potentially offering a broader suite of patient engagement tools beyond just billing, making it a strong competitor in attracting healthcare providers seeking comprehensive solutions.

Another significant competitor is Waystar, which provides a comprehensive cloud-based platform for healthcare payments. Waystar's offerings span across the entire RCM process, including patient engagement, claims and denials, and payment solutions. Compared to Collectly's specialized AI-driven automation for patient billing, Waystar's broader platform may appeal to larger health systems looking for an all-in-one solution, potentially giving it an edge in market share for comprehensive RCM services.

Athenahealth, particularly their athenaCollector and athenaIDX products, stands out as a formidable competitor. Athenahealth offers integrated practice management, electronic health records (EHR), and RCM services. While Collectly focuses heavily on AI-driven automation for patient billing and collections, Athenahealth provides a more expansive suite that includes clinical and operational solutions alongside RCM, positioning them as a go-to for practices seeking an integrated EHR and billing system. This comprehensive approach differentiates them from Collectly's more focused AI RCM platform.

Finally, RXNT is an ambulatory healthcare technology solution offering integrated, customizable, ONC-certified Clinical and Practice Management software. Since 1999, RXNT has provided a robust suite including EHR, e-prescribing, and billing solutions. While Collectly zeroes in on AI to streamline patient financial workflows, RXNT offers a broader practice management suite that encompasses both clinical and administrative functions, potentially appealing to practices looking for a single vendor to handle multiple aspects of their operations beyond just the revenue cycle, making them an indirect but strong competitor due to their integrated offerings.

Alternatives

Collectly Alternatives

Product & Pricing

Collectly Product and Pricing Intelligence

Collectly (collectly.co) provides an AI Revenue Cycle Platform designed to optimize the patient financial experience for healthcare organizations. Their platform employs intelligent agents across the entire patient journey, from pre-visit to post-visit, to automate and enhance revenue cycle management (RCM). Key offerings include Pre-Visit Intake Automation, which digitizes check-ins, consents, and payment requests before appointments [collectly.co/products/intake]. They also offer AI Eligibility & Benefits powered by Billie, an AI agent that autonomously verifies eligibility and interprets benefits to provide real-time patient financial details like copays and deductibles [collectly.co/products/eligibility].

The Collectly platform further extends its capabilities with AI Cost Estimation, predicting patient financial responsibility with precision by combining eligibility data, payer rates, and benefit rules to increase upfront collections and eliminate billing surprises [collectly.co/products/estimation]. For in-person interactions, their Point-of-Service Payments solution secures copays, enrolls autopay, and captures patient responsibility at the point of care [collectly.co/in-person-payments]. All these functionalities are unified under a single Payments Platform that integrates pre-visit, point-of-service, and post-visit workflows, streamlining the entire patient financial experience and reducing the cost to collect [collectly.co/products/payments-platform].

For post-visit engagement, Collectly offers Patient Engagement & Post-Visit Billing, automating follow-ups, smart statements, and AI patient support across multiple channels like SMS, email, text, chat, and voice [collectly.co/products/billing]. A central component of their patient support is Billie AI Voice, a 24/7 AI-powered voice agent dedicated to patient billing inquiries, reducing staff workload, and improving patient satisfaction by providing real-time answers even after hours [collectly.co/billie-ai].

Collectly positions itself as a comprehensive solution for various revenue challenges, including delayed payments, high collection costs, staffing shortages, and preventable denials [collectly.co/solutions].

While Collectly emphasizes tailored solutions and demonstrates their platform's ROI through personalized demos, specific pricing plans, tiers, or a free versus paid feature breakdown are not publicly disclosed on their website. Prospective clients are encouraged to book a personalized 30-minute demo to see how their AI Agent can transform their revenue cycle, including a potential collection increase and an ROI analysis for their practice [collectly.co]. This suggests a consultative sales approach where pricing is likely customized based on an organization's specific needs, number of providers, and EHR/PM system. No recent pricing changes are publicly advertised.

Hiring & Layoffs

Collectly Hiring and Layoffs

Collectly (collectly.co) appears to be experiencing robust growth, as evidenced by its strong emphasis on providing solutions for Revenue Cycle Management (RCM) leaders who are short-staffed [collectly.co]. The company's core messaging directly addresses the challenges healthcare facilities face in hiring, positioning its AI RCM Agent as a pivotal tool to alleviate staffing burdens rather than contributing to layoffs. This strategic focus suggests a period of expansion and product development, as Collectly aims to automate workflows across pre-visit, point-of-service, and post-visit stages of the patient financial experience.

The absence of any mention of layoffs on their official website or within the provided search results further supports a positive hiring trend. Instead, Collectly highlights its AI Voice Agent, Billie, as a 24/7 solution for patient billing support [collectly.co/billie-ai-voice-agent-patient-billing]. This innovation, alongside offerings like AI Eligibility & Benefits and AI Cost Estimation, indicates a company investing in cutting-edge technology to empower healthcare providers and streamline operations.

The consistent messaging across Collectly's product pages, solutions, and blog underscores their commitment to addressing the staffing crisis in RCM. By offering a platform that automates intake, eligibility, cost estimation, and patient engagement, Collectly positions itself as a partner that enables healthcare leaders to do more with less, without resorting to additional hiring or reducing existing staff. This strategy signals a forward-thinking company that is actively recruiting the best and brightest to develop and implement these advanced AI-driven solutions.

Leadership

Collectly Management and Leadership Team

Collectly, an AI-powered technology company specializing in patient billing and revenue cycle management (RCM) solutions, was co-founded by Levon Brutyan and Max Mizotin in 2017 [https://www.collectly.co/blog/collectly-series-a-29m-funding]. Levon Brutyan serves as the CEO and Co-Founder of Collectly, often quoted on the company's vision and product developments, such as the launch of Billie, the AI voice agent for patient billing [https://www.collectly.co/blog/billie-first-ai-voice-agent-built-to-transform-patient-billing-and-rcm].

Max Mizotin holds the position of CTO and Co-Founder at Collectly. His expertise is evident in discussions around the technical aspects of Collectly's offerings, including the costs associated with health benefit checks and the importance of robust cybersecurity measures, as highlighted by the company's HITRUST i1 Certification [https://www.collectly.co/blog/collectly-expands-end-to-end-ai-powered-patient-financial-experience-with-launch-of-billie-ai-agent-eligibility-benefits] [https://www.collectly.co/blog/collectly-achieves-hitrust-i1-certification].

The company's leadership is dedicated to addressing the challenges faced by RCM leaders, particularly the issue of being short-staffed and grappling with pre-service chaos [https://www.collectly.co/].

Collectly's solutions are tailored for various healthcare leaders, including VPs of Revenue Cycle, CFOs/Finance Leaders, and Operations/Practice Managers, aiming to provide scalable automation, measurable ROI, and faster collections [https://www.collectly.co/solutions]. The company's mission is to ensure that all healthcare organizations, regardless of size, can access cutting-edge financial engagement solutions [https://www.collectly.co/blog/collectly-series-a-29m-funding].

Financials

Collectly Financial Performance, Fundraising, M&A

Collectly (collectly.co) has demonstrated significant financial momentum, notably securing a substantial $29 million in a Series A funding round. This investment was led by Sapphire Ventures, with additional participation from Y Combinator (YC), Wayfinder Ventures, Burst Capital, Cabra VC, and Davidovs VC. This Series A round brings Collectly's total capital raised to an impressive $34.1 million, underscoring investor confidence in its AI-powered revenue cycle management solutions for healthcare providers. This funding is poised to accelerate Collectly's innovation in patient financial engagement software.

In terms of financial performance and impact, Collectly reports compelling statistics for its healthcare clients. The platform boasts a significant increase in patient collections, with some clients experiencing a 2-3x boost, including one enterprise healthcare provider reporting a

Partnerships

Collectly Partnerships, Clients and Vendors

Collectly (collectly.co) is a prominent AI-powered patient financial experience platform that actively collaborates with various healthcare organizations and technology providers to enhance revenue cycle management. A significant client and success story is Pyramid Healthcare, a comprehensive behavioral healthcare provider serving over 56,000 clients across 80+ locations. By implementing Collectly's digital billing and patient financial experience solutions, Pyramid Healthcare achieved a 75% increase in timely patient and client payments and reduced staff go-live time to under 16 hours, demonstrating the tangible benefits of Collectly's platform [https://www.collectly.co/customers].

Collectly extends its capabilities through strategic partnerships that integrate advanced financial solutions and expand its reach within the healthcare ecosystem. A notable partnership is with Sunbit, a leading financial technology company, which allows Collectly to embed instant financing options directly into the patient experience [https://www.collectly.co/blog/collectly-partners-with-sunbit-to-bring-instant-financing-to-the-patient-experience]. Furthermore, Collectly has formed a preferred partnership with CentralReach, a leader in autism and IDD care software, expanding optionality and AI-powered billing solutions for CentralReach's customer base [https://www.collectly.co/blog/centralreach-partners-with-collectly-for-ai-powered-patient-financial-experience]. These collaborations underscore Collectly's commitment to a holistic approach to patient financial management.

In addition to partnerships, Collectly focuses on deep technological integrations to ensure seamless operation within existing healthcare infrastructures. The platform is designed to integrate with various EHR (Electronic Health Record) and PM (Practice Management) systems, including major players like AdvancedMD, Allscripts/Veradigm, Athenahealth, Cerner, eClinicalWorks, Epic, and NextGen [https://collectly.co/solutions]. This interoperability allows Collectly to coordinate revenue workflows across EHRs, clearinghouses, payer portals, and patient communication channels, deploying intelligent automation without disrupting existing workflows [https://www.collectly.co/products].

Collectly also bolsters its offerings through strategic acquisitions, such as its purchase of Pledge Health, an AI automation company focused on pre-service patient financial workflows, further solidifying its end-to-end patient financial experience capabilities [https://www.collectly.co/blog/collectly-acquires-pledge-health].

Events

Collectly Event Participations

Collectly (collectly.co) actively engages with the healthcare revenue cycle management (RCM) community by announcing key product developments and strategic partnerships through its blog. For instance, the company announced the launch of Billie, an AI Agent for Eligibility & Benefits, in a press release dated October 30, 2025 [collectly.co/blog/collectly-expands-end-to-end-ai-powered-patient-financial-experience-with-launch-of-billie-ai-agent-eligibility-benefits]. This release highlighted Collectly's expansion of its end-to-end AI-powered patient financial experience, showcasing its commitment to innovation within the industry.

Further demonstrating its impact on the RCM landscape, Collectly also announced the launch of Billie, the first AI voice agent specifically designed to transform patient billing and RCM, on June 18, 2025 [collectly.co/blog/billie-first-ai-voice-agent-built-to-transform-patient-billing-and-rcm]. This significant development was featured on their blog, emphasizing how Billie provides 24/7 support across multiple channels including chat, email, text, and voice, thereby improving patient engagement and streamlining billing processes. These announcements serve as a testament to Collectly's role as a thought leader and innovator in the application of AI within healthcare finance.

Collectly's participation in the industry also extends to forming strategic alliances, as evidenced by its preferred partnership with CentralReach. Announced on September 18, 2024, this collaboration with CentralReach, a leader in autism and IDD care software, aims to expand optionality for CentralReach's customer base by integrating Collectly's AI-powered technology for patient billing and engagement [collectly.co/blog/centralreach-partners-with-collectly-for-ai-powered-patient-financial-experience]. Such partnerships and product launches, highlighted on the Collectly blog [collectly.co/blog], underscore the company's active presence and influence in the evolving healthcare technology and RCM sectors.

Frequently Asked Questions

What does Collectly's recent product launches signal about its strategic direction?

Collectly's recent product launches, including Billie, an AI Agent for Eligibility & Benefits (October 2025), and Billie, the AI voice agent for patient billing (June 2025), indicate a strong strategic focus on expanding its end-to-end AI-powered patient financial experience. These developments emphasize Collectly's commitment to using AI to automate and streamline various stages of the revenue cycle, from pre-visit eligibility to post-visit billing support.

What is the significance of Collectly's partnership with CentralReach?

Collectly's preferred partnership with CentralReach, a leader in autism and IDD care software, signals a strategic move to expand its market reach within specialized healthcare segments. This collaboration, announced in September 2024, aims to integrate Collectly's AI-powered technology for patient billing and engagement, providing enhanced optionality for CentralReach's customer base and demonstrating Collectly's ability to tailor solutions for specific provider communities.

How does Collectly's hiring strategy address current healthcare industry challenges?

Collectly's hiring strategy and core messaging directly address the staffing crisis in healthcare Revenue Cycle Management (RCM) by positioning its AI RCM Agent as a solution to alleviate staffing burdens rather than requiring additional hires or causing layoffs. This focus indicates a period of growth and product development, with Collectly investing in AI-driven solutions like Billie, its AI Voice Agent, to automate workflows across the patient financial experience.

What does Collectly's recent Series A funding round suggest about its growth trajectory?

Collectly's $29 million Series A funding round, led by Sapphire Ventures and bringing total capital raised to $34.1 million in 2023, strongly suggests a robust growth trajectory and significant investor confidence. This capital infusion is earmarked to accelerate innovation in its AI-powered revenue cycle management solutions for healthcare providers, indicating plans for aggressive expansion and product development.

How does Collectly differentiate itself from competitors like Waystar and Cedar?

Collectly differentiates itself by specializing in an AI RCM Agent that automates workflows across the entire patient financial experience, from pre-visit to post-visit, with a strong emphasis on AI-driven patient engagement tools like Billie AI Voice. While competitors like Waystar and Cedar offer broader RCM platforms or holistic patient financial experiences, Collectly's focus is on deep, AI-powered automation to reduce manual work and accelerate cash flow, particularly in patient billing and collections.

What is the strategic implication of Collectly's acquisition of Pledge Health?

The acquisition of Pledge Health, an AI automation company focused on pre-service patient financial workflows, strategically solidifies Collectly's capabilities in delivering an end-to-end patient financial experience. This move enhances Collectly's offerings by integrating Pledge Health's expertise in automating administrative tasks like verifying benefits and prior authorizations directly into its platform, further streamlining the RCM process from the initial patient encounter.

What is Collectly's approach to pricing its AI Revenue Cycle Platform?

Collectly employs a consultative sales approach for its AI Revenue Cycle Platform, where specific pricing plans, tiers, or a free versus paid feature breakdown are not publicly disclosed. Prospective clients are encouraged to book a personalized demo to receive a customized pricing proposal based on their specific needs, number of providers, and existing EHR/PM system, suggesting a value-based pricing model tied to potential ROI.

How does Collectly ensure compliance and security for its healthcare clients?

Collectly ensures enterprise-grade compliance and security for its healthcare clients by adhering to industry standards such as maintaining HITRUST i1 Validated status. This certification confirms robust data protection measures, including encryption, SSO/MFA, role-based access, continuous monitoring, and incident response, which is critical for handling sensitive patient financial data.

What role do Collectly's co-founders play in its strategic and technical direction?

Co-founders Levon Brutyan (CEO) and Max Mizotin (CTO) play distinct but complementary roles in Collectly's strategic and technical direction. Levon Brutyan primarily drives the company's vision and product developments, such as the launch of Billie, while Max Mizotin focuses on the technical aspects, including the platform's cybersecurity and robust adherence to certifications like HITRUST i1. Together, they guide Collectly's mission to address RCM challenges with AI-powered solutions.

What types of healthcare organizations does Collectly primarily target?

Collectly primarily targets leading healthcare providers and medical groups, ranging from small practices to enterprise health systems. Its solutions are designed for various healthcare leaders, including VPs of Revenue Cycle, CFOs/Finance Leaders, and Operations/Practice Managers, aiming to streamline patient billing, boost revenue, and enhance patient satisfaction through scalable automation and measurable ROI.

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