Coupe Health, LLC has purchased SPH LLC, formerly known as SimplyPay Health, from Holmes Murphy & Associates. SPH, launched by Holmes and Murphy in 2018, is an alternative healthcare product for self-insured commercial employers.

SPH is designed to make searching for high-quality medical care and pharmacies with straightforward results quick and easy.

In the fall of 2021, Stella Health created Coupe Health LLC, an SPH-powered health plan option that Minnesota-based employers could offer. Through the acquisition of SPH and the establishment of Coupe Health, Stella can have the option to expand into other states.

“We built Coupe as an offering that could fully leverage SPH’s innovative approach to removing the price uncertainties and complexities of health care,” said Chris Fanning, senior vice president at Stella. “The genius of the model is how it doesn’t ‘feel’ like a health insurance experience. As the new owners, we can’t wait to bring this experience to even more employers and members.”