Stellar Health Company Research Report
Company Overview
Name:
Stellar Health
Mission of the Company:
To improve the quality of care and affordability of healthcare for millions of patients in the United States.
Company Foundation and Founders:
No information is available.
Key People in the Company:
- Michael Meng - Co-Founder & Chief Executive Officer
- Octavian Costache - Co-Founder & Chief Technology Officer
- Samantha Kelen - Chief Compliance Officer
- Howard Dubin, MD - Chief Medical Officer
- Rebecca Schwietz - Chief Operating Officer
Headquarters:
215 Park Avenue South, 17th Floor, New York, NY 10003
Number of Employees:
No information is available.
Revenue of the Company:
No information is available.
What is the Company Known For:
Stellar Health is known for its healthcare technology platform that helps payors, health systems, and provider networks improve quality and financial performance through value-based actions and real-time payments at the point of care.
Products
Stellar Health Platform
The Stellar Health Platform offers a suite of services that includes:
Stellar Application (the “App”)
- Description: A web-based application that delivers a checklist of recommended clinical actions to practices based on each patient's medical history.
- Key Features: Real-time notifications, value-based actions, patient medical history integration.
Stellar Incentive Payment Program
- Description: Provides real-time payments to providers for completing value-based care activities.
- Key Features: Immediate financial rewards for engaging in value-based care, supports risk-based contracts.
Stellar BI and Analytics Insights
- Description: Business intelligence and analytics to support provider practice engagement and performance.
- Key Features: Data insights, performance metrics tracking, business intelligence tools.
Stellar Provider Performance Team
- Description: A team dedicated to on-the-ground implementation and practice activation.
- Key Features: Performance support, practice engagement, hands-on activation.
Recent Developments
Recent Developments in the Company:
- January 2024: Stellar Health appointed Rebecca Schwietz as the new Chief Operating Officer.
New Products Launched:
No information is available.
New Features Added to Existing Products:
No information is available.
New Partnerships:
- January 2024: Stellar Health expanded its partnership network wide with UNC Health Alliance.
- September 2023: Stellar Health partnered with Arkansas Health Network to improve health outcomes across the state.
Certifications
- HITRUST CSF Certified
- Validates commitment to meeting key regulations and protecting sensitive information for customers.
Performance Metrics
For Payors
- +0.6 improvement in Stars in just 6 months with a large national payor.
For Health Systems & Provider Networks
- $20M in surplus generated for a large health system, supported by Stellar.
For Practicing Physicians
- $40K average take-home pay, on top of the typical reimbursement for providers.
Footprint
- Managed Lives: 745,000 on the Stellar Application.
- Collaborations: 70+ collaborations across 22 states.
Contact Information:
- Email: hello@stellar.health
- Address: 215 Park Avenue South, 17th Floor, New York, NY 10003
- Website: [Stellar Health](https://www.stellar.health)
Feel free to get in touch with Stellar Health for more information, demos, or partnership inquiries.
