Stellar Health

Stellar Health

Web-based platform enabling value-based care

About Stellar Health

Simplify's Rating
Why Stellar Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Series B

Total Funding

$70M

Headquarters

New York City, New York

Founded

2018

Overview

Stellar Health builds a web-based, point-of-care app that helps healthcare teams deliver value-based care. The Stellar App sits in providers’ workflows and, when used with modern browsers like Chrome and Edge, centralizes payor-specific tools and spreadsheets into one unified platform. It guides clinicians to complete specific, actionable tasks through real-time notifications and a built-in incentive structure, encouraging behavior that improves patient outcomes while controlling costs. The company partners with payors and health systems and earns revenue by offering the platform to support value-based care programs at scale. Compared with other solutions, Stellar Health emphasizes real-time, task-driven incentives and a single, integrated workspace that connects providers, payors, and health systems. The goal is to help partners achieve better patient outcomes and stronger financial performance by making it easier to manage care across multiple health plans.

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Simplify's Take

What believers are saying

  • Vim Connect integration boosts in-EHR engagement across 20,000 providers.
  • Highmark expanded VBC initiative post-2021 quality improvements.
  • $60M Series B from General Atlantic fuels national expansion.

What critics are saying

  • Vim dependency loses 30-50% engagement to Innovaccer in 6-12 months.
  • Shaco disqualified by CMS 2026 rules, eliminating ACO revenue.
  • RubiconMD erodes provider retention, halving incentives in 6-12 months.

What makes Stellar Health unique

  • Stellar App unifies payor tools into single workflow for providers.
  • Real-time incentives via Stellar Value Units reward gap closures instantly.
  • Shaco ACO generated $5 million Medicare savings in 2024.

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Funding

Total Funding

$70M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$60M
Stellar Health
$65M
Substack
$100M
ClickUp

Benefits

Competitive salary

Medical, dental, vision, life and disability coverages

401k program

Fully paid family leave and flexible vacation

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
PR Newswire
Mar 3rd, 2026
Stellar Health appoints former Elevance Health exec Raul Smith as CFO

Stellar Health, a healthcare technology company focused on value-based care, has appointed Raul Smith as chief financial officer. Smith joins after a 20-year healthcare career, including six years at Elevance Health where he served as president and CFO of the East Region, overseeing an $8 billion P&L and 550,000 Medicare Advantage lives. At Stellar, Smith will manage the company's platform that simplifies value-based arrangements into actionable care gap checklists for providers. He will also lead the financial evolution of shaco, Stellar's tech-enabled accountable care organisation, which generated $5 million in Medicare savings in 2024. Stellar's platform serves over 20,000 providers, 2,200 medical practices and 1.2 million patients. The company is backed by General Atlantic, Point72 Ventures and Primary Venture Partners.

PR Newswire
Jan 23rd, 2024
Stellar Health Appoints Rebecca Schwietz as New Chief Operating Officer

Stellar Health appoints Rebecca Schwietz as new Chief Operating Officer.

Crypto News
Sep 13th, 2023
Bitcoin cash falls as Stellar remains firm, VC Spectra supporters bullish

A day later, Stellar launched a funding campaign to boost the scalability of its Soroban smart contract platform.

Southwest Daily News
Jun 27th, 2023
Small Business

This strategic partnership will integrate Salud Healthcare's capabilities with Stellar Health's core technology, enabling a holistic solution for health plans, provider groups, and other healthcare organizations striving to deliver high-quality, cost-effective care.

Business Wire
Jan 18th, 2023
Stellar Health Chooses Vim As Point-Of-Care Connection Platform For Next Generation Of Value-Based Care Enablement

NEW YORK--(BUSINESS WIRE)--Vim, the fastest-growing point-of-care connection platform in U.S. healthcare, has announced an agreement with Stellar Health (Stellar), a healthcare technology company leading the industry in operationalizing value-based care (VBC) arrangements for payors and providers. The customer partnership will help Stellar meet providers where they are through Vim’s flagship technology, Vim Connect, to optimize value-based workflows that deliver improved patient care and reward providers and their staff for the time it takes to complete those workflows.EHRs are used by physicians and care teams to collect and store patient health information, but they typically lack complete and coordinated data that match gaps tracked by the payor. This can lead to missed opportunities to engage with patients in value-based arrangements.Stellar Health leverages historical patient information to prompt primary care providers and their care teams of gaps and opportunities around healthcare regimens at the point of care. The company’s unique incentive design rewards providers and staff for completing granular VBC actions focused on quality improvement, management of chronic conditions, and others to improve patient health outcomes.“By integrating Stellar’s value-based actions and real-time incentives into Vim’s in-EHR workflow solution, we expect to significantly increase engagement and improve performance across our practice network by making it easier for providers and teams to access the right information at the right time,” said Michael Meng, CEO of Stellar Health. “The ability to deliver high-value incentives and opportunities at scale during patient encounters is an exciting step forward for our product and mission.”Vim’s flagship technology, Vim Connect, will link timely in-EHR actions to Stellar’s granular action recommendation and real-time incentivization

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