Stellar Health

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.

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

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

• Value-based care platform
• Healthcare provider engagement
• Point-of-care software
• Risk adjustment solutions
• Clinical workflow automation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. 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.
2. 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

Core 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

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature4 records

Partnerships

One partnership is on record.

• CenterLight HealthcarecoreStrategic or Co-development Partner · 10 December 2025Strategic 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

Direct 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

• LinkedInlinkedin.com/company/stellarhealth
• Instagraminstagram.com/stellar_health
• Xx.com/Stellar_Health_

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stellar Health