Stellar Health

Stellar Health

Web-based application for value-based care

About Stellar Health

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

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$68.1M

Headquarters

New York City, New York

Founded

2018

Overview

Stellar Health provides a web-based application aimed at improving value-based care in the healthcare sector. The main product, the Stellar App, is designed to fit into the daily workflows of healthcare providers, including physicians, health systems, and insurance companies. It consolidates various tools and spreadsheets into one platform, making it easier for providers to manage patient care across different health plans. The app prompts users with real-time notifications to complete specific tasks that enhance patient outcomes, supported by an incentive structure that encourages engagement with the platform. Stellar Health partners with payors and healthcare systems, generating revenue by helping them achieve better patient outcomes and financial performance. The goal of Stellar Health is to empower healthcare providers to deliver high-quality care while controlling costs.

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with AI tools can improve patient care opportunities and outcomes.
  • Telehealth expansion can enhance Stellar Health's platform capabilities.
  • EHR interoperability standards facilitate better platform integration with healthcare systems.

What critics are saying

  • Integration challenges with Vim's technology may disrupt service delivery.
  • Rapid expansion may strain resources and cause operational inefficiencies.
  • Dependence on specific web browsers could limit user accessibility.

What makes Stellar Health unique

  • Stellar Health offers a unique incentive structure for value-based care engagement.
  • The platform integrates real-time data to enhance patient-provider communication.
  • Stellar Health consolidates payor-specific tools into a unified application.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$68.1M

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

-3%

2 year growth

0%
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

PR Newswire
Dec 13th, 2022
Stellar Health Appoints Sales Leader Adam Gail As Chief Revenue Officer

Former RubiconMD CRO sales and leadership experience will strengthen Stellar's executive team as they continue to expand across the nationNEW YORK, Dec. 13, 2022 /PRNewswire/ -- Stellar Health ("Stellar"), a healthcare technology company leading the operationalizing of value-based care for payors and providers ("VBC"), today announced that Adam Gail has joined the company as Chief Revenue Officer. He brings 15 years of experience building and scaling top performing sales teams for high growth healthcare technology companies to help steer Stellar Health through rapid growth.The Stellar model has always made sense – a simple way to ease friction associated with taking on value-based contracts. Tweet this Adam Gail joins Stellar Health as Chief Revenue OfficerMr. Gail joins the company from RubiconMD, a virtual specialist network that empowers primary care clinicians to deliver value-based care, where he served as Chief Revenue Officer. There he was responsible for all commercial functions including leading the sales, account management and marketing teams, making his experience invaluable as he focuses on leading and scaling the sales organization at Stellar Health."I've always believed in the concept of value-based care and have spent much of my career focused on how to make the transition easier for physicians," said Mr

Recently Posted Jobs

Sign up to get curated job recommendations

Stellar Health is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Stellar Health's jobs every few hours, so check again soon! Browse all jobs →