Stellar Health
Stellar Health operates a point-of-care platform that delivers real-time financial incentives and clinical data to healthcare providers, enabling payors and medical groups to execute value-based care arrangements across 20,000+ providers and 1.2M+ managed lives in the US.
- Company typePrivate
- Founded2016
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Stellar Health does
Stellar Health operates a point-of-care platform that delivers real-time financial incentives and clinical data to healthcare providers in support of value-based care arrangements. The platform ingests existing claims data as its source of truth and supplements it with additional clinical data, then surfaces prioritized actions and immediate monetary rewards to providers through EHR-integrated workflows. Its product surface is organized into modular solutions covering Quality Improvement (e.g., Annual Wellness Visit completion, STARS rating improvement), Risk Adjustment (HCC coding capture), and Total Cost of Care (including Transitions of Care), with a provider-facing web app branded as the Stellar App and a captive Accountable Care Organization called SHACO. The company serves two primary customer segments — payors (health plans seeking integrated quality, risk adjustment, and total cost of care management) and providers (medical groups seeking predictable, monthly-reimbursed revenue from granular VBC actions) — and operates an enterprise field sales motion with custom, quote-based pricing.
Stellar Health is headquartered in New York and operates as a private, venture-backed company with 101-250 employees. Disclosed funding includes approximately $75 million raised across rounds from 2018 to 2022, with a $60 million Series B in 2021 led by General Atlantic and participation from Point72 Ventures and Primary Venture Partners, plus an undisclosed Deerfield round in 2022. The company reports a footprint of 20,000+ onboarded providers, 2,200+ medical groups, 1.2M+ managed lives, and operations across 37+ states, with quantified outcomes including an 11 percentage-point increase in Annual Wellness Visit completion, a 7% increase in HCC coding accuracy, and a 0.5 increase in Quality STARS rating among customers.
In 2026, the company executed a senior leadership refresh, appointing Falko Buttler as CTO (from Lantern, previously PlushCare) and Raul Smith as CFO (from Elevance Health), while co-founder Octavian Costache transitioned into a Chief Data Officer role focused on AI roadmap and data engineering. The company has also announced an expansion of AI-powered workflows for appointment scheduling, specialist referrals, and documentation, and entered a strategic partnership with CenterLight Healthcare to serve seniors in New York. Revenue figures, valuation, and specific payor customer logos are not publicly disclosed in the available sources.
Stellar Health firmographics
Firmographics- Name
- Stellar Health
- Legal name
- The Stellar Health Group, Inc.
- Website
- https://stellar.health
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Stellar Health operates a point-of-care platform that delivers real-time financial incentives and clinical data to healthcare providers, enabling payors and medical groups to execute value-based care arrangements across 20,000+ providers and 1.2M+ managed lives in the US.
- Ownership category
- akta.pro rank
Stellar Health industry classification
Industry- Product category
- Value-Based Care Platform
- NAICS
- Health Care and Social Assistance (62)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)
- akta.pro secondary industries
- SNP Quality & Stars (HEDIS/CAHPS) Programs (HLAEAGAI), Care Navigation, Advocacy & Benefits Guidance Platforms (HLALADAJ)
Keywords
Where Stellar Health is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Stellar Health business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Platform/Subscription Fees: Stellar Health generates revenue through a platform-based model, partnering directly with payors and providers to execute value-based care strategies. The company replaces opaque financial arrangements with monthly payments, transforming VBC workflows into a transparent, efficient delivery system.
- Value-Based Care Incentive Payments: Rewards providers for every high-value action completed along the way, from scheduling follow-ups to documenting chronic conditions. Payments are made monthly for completed VBC actions, creating immediate financial results for providers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Stellar Health product offering
Product offeringCore offering
Stellar Health operates a point-of-care platform that delivers real-time incentives and clinical data directly to healthcare providers and their care teams, streamlining value-based care workflows. The company partners with health plans (payors) and provider networks to integrate quality, risk adjustment, and total cost of care activities into daily clinical practice, replacing opaque reimbursement arrangements with transparent monthly incentive payments for completed VBC actions.
Product overview
Stellar Health offers a unified point-of-care platform with modular solutions for value-based care. The core Stellar Health Platform delivers real-time incentives and data to providers, supported by integrated modules including Quality Improvement (driving Annual Wellness Visits and STARS improvement), Risk Adjustment (HCC coding capture), Total Cost of Care (including Transitions of Care sub-module), and SHACO (the company's ACO). The provider-facing Stellar App enables web-based access to the platform.
Differentiator
Problem solved
Functional benefit
Brands
- The Stellar App: Mobile application for healthcare providers and practices to access the Stellar Health platform for value-based care workflows.
Products and services
- The Stellar Health Platform
Quantifiable outcome
- +11 percentage point increase in Annual Wellness Visit completion rates
- +2 more outcomes
Companies that use Stellar Health
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Stellar Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature4 records
Stellar Health partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CenterLight HealthcarecoreStrategic partnership between Stellar Health and CenterLight Healthcare to improve health outcomes for seniors in New York. The partnership enables CenterLight's provider network to deliver quality care through Stellar's innovative, incentive-based platform. Plans are in place to expand the partnership further to serve more seniors in the region.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Stellar Health competitors and assessment
Company assessmentDirect peers
- Arcadia: Arcadia is a healthcare data and analytics platform that helps payors and providers manage value-based care performance. It directly competes with Stellar Health in delivering population health analytics, risk adjustment, and quality improvement workflows to enterprise healthcare organizations.
- Innovaccer: Innovaccer offers a healthcare data platform with provider engagement, risk adjustment, and care management capabilities for payors and providers. Its provider-facing workflows and value-based care analytics overlap directly with Stellar Health's point-of-care incentive and quality platform.
- Phreesia: Phreesia provides point-of-care patient intake and workflow automation tools used by providers during patient encounters. Its workflow-embedded provider experience and payor-sponsored programs make it a comparable point-of-care engagement platform to Stellar Health.
Broad incumbents
- Health Catalyst: Health Catalyst is a public healthcare analytics and outcomes improvement company serving health systems and payors. It overlaps with Stellar in quality measurement, risk adjustment, and population health but addresses a broader set of enterprise analytics use cases.
- Privia Health: Privia Health is a physician enablement company that helps provider organizations transition to value-based care arrangements. Its multi-payer medical group platform competes with Stellar Health for provider engagement and VBC performance management.
- Agilon Health: Agilon Health partners with primary care physicians to manage senior populations under full-risk value-based care arrangements. While it is more risk-bearing and senior-focused than Stellar, the platform overlaps in VBC enablement, HCC capture, and STARS performance management.
- Optum: Optum (UnitedHealth Group) operates one of the largest healthcare analytics, risk-adjustment, and value-based care enablement businesses in the US. It competes broadly with Stellar in payor-provider analytics and population health, with unmatched scale and capital.
- Cotiviti: Cotiviti provides payment accuracy, risk adjustment, and quality analytics for health plans. Its payor-side focus on HCC coding capture and Stars improvement overlaps with Stellar's risk-adjustment and quality modules, though Cotiviti historically emphasizes retrospective rather than point-of-care workflows.
Emerging players
- Vim: Vim integrates value-based care insights directly into EHR workflows at the point of care. Its provider-facing, EHR-embedded analytics compete with Stellar on workflow integration for quality and risk-adjustment actions, though at a smaller scale.
Others
- Milliman: Milliman is a global actuarial and consulting firm supporting payors and providers in value-based care design, risk adjustment, and Star ratings. It is adjacent to Stellar as an analytics and advisory partner rather than a direct software competitor, but serves overlapping customer segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Stellar Health social profiles
Digital presenceStellar Health compliance and trust
Trust signalCompliance1 record
Stellar Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stellar Health leadership team
Management profileNumber of profiles
Profiles5 records
Stellar Health funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stellar Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stellar Health
What does Stellar Health do?
Stellar Health operates a point-of-care platform that delivers real-time incentives and clinical data directly to healthcare providers and their care teams, streamlining value-based care workflows. The company partners with health plans (payors) and provider networks to integrate quality, risk adjustment, and total cost of care activities into daily clinical practice, replacing opaque reimbursement arrangements with transparent monthly incentive payments for completed VBC actions.
Is Stellar Health a public or private company?
Stellar Health is a private company. It is classified as venture growth investor backed and is currently operating.
When was Stellar Health founded?
Stellar Health was founded in 2016. It employs 101 to 250 people.
Where is Stellar Health based?
Stellar Health is headquartered in New York, United States, in the North America region.
How does Stellar Health make money?
Two revenue lines are on record. Platform/Subscription Fees are the primary driver. The others are value-Based Care Incentive Payments.
Who are Stellar Health's main competitors?
Direct peers on record are Arcadia, Innovaccer and Phreesia. Broad incumbents are Health Catalyst, Privia Health, Agilon Health, Optum and Cotiviti. Vim is listed as an emerging player. Milliman is listed as an others.
Does Stellar Health have an API?
No public API is recorded for Stellar Health.
What industry is Stellar Health in?
Stellar Health's product category is Value-Based Care Platform. Its primary akta.pro industry code is HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations, with a secondary code of HLAEAGAI, SNP Quality & Stars (HEDIS/CAHPS) Programs. Its NAICS code is 62 and its SIC code is 8000.