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Privia Health Group, Inc. - PRVA STOCK NEWS

Welcome to our dedicated page for Privia Health Group news (Ticker: PRVA), a resource for investors and traders seeking the latest updates and insights on Privia Health Group stock.

Privia Health Group, Inc. (symbol: PRVA) is a leading technology-driven national physician enablement company. The organization collaborates with medical groups, health plans, and health systems to optimize physician practices, enhance patient experiences, and reward doctors for delivering high-value care both in-person and through virtual platforms. Privia Health focuses on transforming healthcare from a 'sick care' model to a 'well care' model by using innovative technologies and scalable operations.

The company's recent achievements include a significant partnership with Navina, an AI-powered primary care platform. This collaboration aims to equip Privia Health's extensive network of over 3,800 providers and more than 1,000 practice locations by integrating advanced AI technology to improve workflows, patient care, and value-based initiatives. With the help of Navina's clinical intelligence, physicians can better assess patients' health, make informed clinical decisions, and reduce administrative burdens.

Privia Health is recognized for its end-to-end, cloud-based technology platform that reduces unnecessary healthcare costs and achieves better outcomes for patients and providers. The platform is led by top industry talent and exceptional physician leadership, ensuring high-quality healthcare experiences. The company's financial condition remains strong, with net cash provided by operating activities significantly increased to $80.8 million in 2023, a 71.2% rise from the previous year.

The company's culture is defined by passion, curiosity, and a commitment to making a tangible difference in healthcare. Privia Health looks for individuals who are resourceful, hardworking, and driven to challenge the status quo. This ethos is reflected in the company's comprehensive approach to healthcare, striving to create positive, long-lasting impacts on the communities it serves.

For more information, visit priviahealth.com.

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Privia Health Group, Inc. (PRVA) announced the appointment of Edward C. Fargis as Executive Vice President, General Counsel, and Corporate Secretary. Fargis will be the chief legal officer, bringing extensive healthcare industry experience and expertise in corporate governance and strategic transactions. He succeeds Thomas Bartrum and will work with Privia's leadership to support long-term growth. Fargis has a background in various executive and leadership positions in healthcare companies.
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Privia Health Group, Inc. (PRVA) plans to release financial results for Q4 and full year 2023 on February 27, 2024. The press release will be publicly disseminated by 7:00 am ET and will be available on the Company’s Investor Relations website. A conference call will be hosted at 8:00 am ET on the same day to discuss the results and future outlook. The call can be accessed via live webcast and will be available for on-demand listening later.
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Privia Health Group, Inc. (Nasdaq: PRVA) to Present at 42nd Annual J.P. Morgan Healthcare Conference
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Privia Health Group, Inc. (Nasdaq: PRVA) announced its financial results for the third quarter and nine month periods ended September 30, 2023. Total revenue for Q3 2023 was $417.3 million, a 21.7% increase from the prior year. Gross profit was $90.6 million, operating income was $5.5 million, and net income was $5.6 million. Practice collections increased by 18.2% and implemented providers increased by 14.2% compared to Q3 2022. The company updated its full-year 2023 guidance.
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Privia Health Group, Inc. plans to release its Q3 and nine-month financial results on November 3, 2023.
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Privia Health partners with Navina to enhance provider workflows and support value-based care
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Privia Health Group, Inc. to participate in Q&A session at Morgan Stanley Global Healthcare Conference on September 13, 2023.
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Privia ACOs achieved shared savings of $131.7 million through the Medicare Shared Savings Program. Delivered total annual average expenditures 8% lower than the median MSSP ACO and 19% lower than total fee-for-service Medicare. Exceeded primary care physician (PCP) utilization by 15% compared to both the median ACO and total FFS Medicare.
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PRVA Announces Strong Q2 2023 Results, Practice Collections +13.7%, Net Income $7.3M, and Implementation in Washington State
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Privia Health Group has signed an agreement to enter the state of Washington in partnership with Walla Walla Clinic, a multi-specialty practice. The partnership aims to offer high-quality care to patients in the community and expand Privia's presence on the West Coast. Walla Walla Clinic will serve as the anchor practice for Privia Medical Group — Washington. The transaction is expected to close in the third quarter, and Walla Walla Clinic will be implemented on the Privia Platform by the end of 2023.
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FAQ

What is the current stock price of Privia Health Group (PRVA)?

The current stock price of Privia Health Group (PRVA) is $20.07 as of December 20, 2024.

What is the market cap of Privia Health Group (PRVA)?

The market cap of Privia Health Group (PRVA) is approximately 2.4B.

What is Privia Health Group, Inc.?

Privia Health Group, Inc. is a technology-driven, national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices and improve patient experiences.

What recent partnership has Privia Health announced?

Privia Health recently announced a partnership with Navina, an AI-powered primary care platform, to enhance workflows, patient care, and value-based initiatives.

How many providers are part of Privia Health's network?

Privia Health has over 3,800 providers and more than 1,000 practice locations across its network.

What is the financial performance of Privia Health in 2023?

Privia Health reported net cash provided by operating activities of $80.8 million for the year ended December 31, 2023, marking a 71.2% increase from the prior year.

What is the core business model of Privia Health?

Privia Health's core business model focuses on transforming healthcare from a 'sick care' model to a 'well care' model by employing advanced technology and scalable operations.

What type of care does Privia Health provide?

Privia Health provides both in-person and virtual care settings, aiming to deliver high-value healthcare experiences for patients and providers.

What makes Privia Health's technology platform unique?

Privia Health's technology platform is end-to-end and cloud-based, designed to reduce unnecessary healthcare costs, improve patient outcomes, and enhance the well-being of providers.

What are the company's core values?

Privia Health values passion, curiosity, resourcefulness, hard work, and a commitment to challenging the status quo to make a tangible difference in healthcare.

How does Privia Health reward doctors?

Privia Health rewards doctors for delivering high-value care and improving patient experiences.

Where can I find more information about Privia Health?

For more information, visit Privia Health's website at priviahealth.com.

Privia Health Group, Inc.

Nasdaq:PRVA

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PRVA Stock Data

2.45B
107.29M
10.49%
103.28%
4.71%
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