Privia Health Group, Inc.PRVA
What Privia Health Group, Inc. does.
Privia Health Group, Inc. (“Privia Health”, “we”, “our”, or the “Company”) is a technology-driven, national physician-enablement company that collaborates with physician practices, health plans, and health systems to achieve the quadruple aim of better outcomes, lower costs, improved patient experience, and happier and more engaged providers. We seek to accomplish the quadruple aim by entering markets and organizing existing physicians and non-physician clinicians into a unique practice model that combines the advantages of a partnership in a large regional medical group (each, a “Medical Group”) with significant provider autonomy for the physicians (collectively, “Privia Physicians”) and non-physician clinicians (collectively “Privia Clinicians” and, together with the Privia Physicians, the “Privia Providers”) in our Medical Groups.
We organize physicians into cost efficient, value-based and primary-care centric networks bolstered by strong physician governance, and promote a culture of physician leadership. Our technology and service solutions (collectively, the “Privia Platform”) are powered by our Privia Technology Solution that integrates both Privia-developed and third-party applications into a seamless interface and workflow that manages all aspects of our Privia Providers’ provision of healthcare services. We enhance the patient experience, improve practice economics and influence point of care delivery through investments in data analytics, revenue cycle management (“RCM”), practice and clinical operations and payer alignment. The Privia Platform is designed to succeed across demographic cohorts, acuity levels and reimbursement models, including traditional fee-for-service Medicare, the Medicare Shared Savings Program (“MSSP”), Medicare Advantage, Medicaid, commercial insurance and other existing and emerging direct contracting programs with payers and employers.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $817.1M | $966.2M | $1.4B | $1.7B | $1.7B | $2.1B |
| Net income | $31.2M | -$188.2M | -$8.6M | $23.1M | $14.4M | $22.9M |
| Free cash flow | $38.5M | $54.5M | $47.1M | $80.7M | — | — |
More on PRVA.
- Privia Health Group, Inc. summary
- Privia Health Group, Inc. financial statements
- Privia Health Group, Inc. key metrics
- Privia Health Group, Inc. health scores and style box
- Privia Health Group, Inc. earnings
- Privia Health Group, Inc. dividends
- Privia Health Group, Inc. valuation
- Privia Health Group, Inc. ownership and insiders
- Privia Health Group, Inc. peers
Figures from Privia Health Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.