5 Star Telemed

What 5 Star Telemed does

The 5 Star Telemed web property is operated by Theoria Medical PLLC, a Michigan-based, privately held professional entity established in 2018 and headquartered in Novi, MI. The company positions itself as a tech-enabled, value-based primary-care provider focused on the senior-living vertical, delivering an integrated care model that combines on-site medical staffing, medical directorship, high-needs ACO participation, chronic care management, clinical analytics, and workflow optimization across skilled nursing facilities, assisted and independent living communities, and continuing-care retirement communities nationwide in the United States.

The technology backbone is a self-developed, HIPAA-compliant, cloud-based platform available on web and iOS. The core asset is ChartEasy™, an ONC-certified electronic health record (v1.5, certified December 4, 2024 under Unique Certification Number 15.04.04.3091.Char.01.01.1.241204 with 34 certification criteria and 10 CQMs), specifically designed for post-acute and primary-care settings with built-in interoperability to facility-partner EHRs and laboratory-partner LIMS platforms. Surrounding ChartEasy are three additional registered trademarks — ChatEasy™ (secure clinical messaging for senior-living-specific clinical decision support), Theoria Telemedicine™ (continuous monitoring), and ProphEasy™ (clinical decision support) — plus a Remote Patient Monitoring capability, forming a bundled product stack that the company markets as a holistic alternative to single-modality competitors. A ChartEasy Patient Portal supports direct patient EHI export in PDF and CCDA formats via web and iOS.

Operationally, the company runs an enterprise, direct-sales GTM targeting facility decision-makers, with dedicated partnership channels (phone line, email, online meeting scheduler), a compliance function with public Transparency-in-Coverage disclosures, and a network of practitioners who contract independently with associated entities (per the Terms of Use). Revenue mechanics combine value-based primary-care services delivered on a recurring basis to senior-living communities with technology licensing of the ONC-certified EHR. Pricing is not publicly disclosed. With six disclosed in-house employees and no funding rounds on record, the technology-and-management entity appears to be a relatively small platform serving a broader affiliated practitioner network delivering care across the U.S.

Name

5 Star Telemed

Legal name

Theoria Medical PLLC

Website

https://5startelemed.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

5 Star Telemed, operating as Theoria Medical PLLC, is a Michigan-based tech-enabled, value-based primary-care provider delivering ONC-certified EHR (ChartEasy™), telemedicine, clinical messaging, and remote monitoring to senior-living facilities — skilled nursing, assisted/independent living, and continuing-care retirement communities — nationwide in the United States.

Ownership category

akta.pro rank

Product category

Senior Living Primary Care Services

NAICS

Offices of Physicians (6211), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Health Services (8000), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Primary Care & General Medicine Virtual Care (Employer-Sponsored) (HLALADAA)

akta.pro secondary industry

Chronic Condition Management & Remote Monitoring (e.g., diabetes, HTN) (HLALADAD)

Keywords

• Senior primary care
• Tech-enabled healthcare
• Value-based care
• Skilled nursing services
• Telemedicine monitoring

Headquarters

HQ city

Novi

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Tech-Enabled Value-Based Primary Care Services: Revenue generated through comprehensive primary care services delivered to senior living communities. The model integrates medical directorship, on-site medical staff, remote patient monitoring, and telemedicine to provide holistic senior care under value-based arrangements.
2. Healthcare Technology Licensing: ONC certified EHR technology (ChartEasy™) provided to healthcare facilities with interoperability integrations between facility partner EHRs and laboratory partner LIMS platforms.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Theoria Medical (doing business as 5 Star Telemed) delivers tech-enabled, value-based primary care services to senior living communities across the United States, including skilled nursing facilities, assisted living communities, and continuing care retirement communities. The company pairs on-site medical staffing, medical directorship, chronic care management, telemedicine, and remote patient monitoring with its proprietary ONC-certified electronic health record platform, ChartEasy™, and supporting clinical messaging and decision support tools (ChatEasy™, ProphEasy™).

Product overview

Theoria Medical offers a unified tech-enabled healthcare platform centered on ChartEasy™, their ONC-certified EHR solution. The product portfolio includes ChatEasy™ (secure clinical messaging), Theoria Telemedicine™ (continuous monitoring), ProphEasy™ (clinical decision support), and Remote Patient Monitoring capabilities. These integrated solutions work together within a comprehensive value-based primary care model designed specifically for senior living communities, supporting skilled nursing, assisted living, and independent living settings.

Differentiator

Problem solved

Functional benefit

Brands

• ChartEasy™: ONC-certified electronic health record (EHR) solution specifically designed for the post-acute and primary segment of care, optimized for skilled nursing facilities, home health settings, and primary care physicians.
• ChatEasy™
• Theoria Telemedicine™
• ProphEasy™
• Remote Patient Monitoring

Products and services

• ChartEasy™ Electronic Health Record ONC-certified, HIPAA-compliant, cloud-based electronic health record (EHR) platform designed for post-acute and primary care settings, supporting web and iOS access with interoperability to facility partner EHRs and laboratory partner LIMS platforms.
• Primary Care Services for Senior Living Comprehensive tech-enabled primary care delivery to senior living communities, combining on-site medical staffing, medical directorship, chronic care management, clinical analytics, and High Needs ACO management under value-based arrangements.
• Theoria Telemedicine™ Continuous telemedicine monitoring solution developed for the senior living setting, enabling remote patient care delivery and timely clinical interventions.
• Remote Patient Monitoring Continuous remote monitoring of patient health metrics for senior living patients, allowing providers to track and intervene on clinical changes in real time.

Named customers3 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• MatrixCare: EHR and post-acute care technology platform serving skilled nursing, home health, and senior living; directly competes with ChartEasy for facility technology budgets and integration contracts.
• Privia Health: Physician enablement platform supporting primary care groups with technology, payer contracting, and population health tools — overlapping in the senior care value-based care segment.
• Sound Physicians: National physician group practice focused on hospitalist, emergency, and post-acute care; overlaps with Theoria's medical directorship and on-site staffing offering for senior living partners.
• PointClickCare: Dominant EHR and technology platform for skilled nursing and senior living; the principal competitor to ChartEasy in the post-acute EHR category and a benchmark for what Theoria is attempting to displace.
• agilon health: Value-based primary care company partnering with senior-focused physician groups and Medicare Advantage plans; the closest analog to Theoria's tech-enabled, risk-bearing primary care model for senior populations.
• InnovAge: PACE (Program of All-Inclusive Care for the Elderly) provider delivering fully capitated, multidisciplinary primary care to nursing-home-eligible seniors; competes for the same risk-bearing senior care economics.
• Cano Health: Senior-focused value-based primary care company operating clinics and home-based programs for Medicare-eligible seniors; comparable delivery model and patient demographic.

Broad incumbents

• CenterWell Senior Primary Care: Humana-owned senior-focused primary care clinic network delivering value-based care to Medicare Advantage members; competes for the same senior living partnerships and primary care delivery contracts.
• TeamHealth: Large national physician staffing and post-acute care organization providing on-site clinicians to SNFs and senior facilities; competes for the same facility partnership contracts.
• Oak Street Health: CVS Health-owned senior primary care provider operating value-based clinics; serves the same dual-eligible and Medicare Advantage senior demographic with similar tech-enabled workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/5startelemed

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 5 Star Telemed