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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. announces the election of David Wichmann and Pamela Kimmet to its Board of Directors. Wichmann brings expertise in value-based care and healthcare innovation, while Kimmet has extensive human capital expertise. Their addition to the board will support Privia Health's growth and expansion as a national leader in physician enablement.
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Privia Health Group, Inc. announces upsized pricing of secondary offering of common stock by certain selling stockholders. New investors include Durable Capital Partners LP and Rubicon Founders LLC.
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Privia Health announces the appointment of Parth Mehrotra as CEO, succeeding retiring Shawn Morris, effective July 1, 2023. Under Morris's leadership since 2018, Privia transitioned to a publicly-traded entity, expanded into eight states, and increased provider partnerships by over 125%, totaling more than 3,600.

Mehrotra, who has been with the company since 2018, expressed excitement about leading during a period of significant change in the healthcare industry. The company aims to build a large primary-care centric network and reiterated its 2023 financial guidance remains unchanged. The board endorsed Mehrotra's leadership capabilities, emphasizing the company's strong position for future growth and profitability.

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ARLINGTON, Va., April 11, 2023 (GLOBE NEWSWIRE) -- Privia Health Group (Nasdaq: PRVA) announced its plans to release financial results for the first quarter ending March 31, 2023, before market open on May 4, 2023. The press release will be distributed at 7:00 am ET and will be available on the Company’s Investor Relations website. Following the release, Privia Health management will host a conference call at 8:30 am ET to discuss the results and provide insights on future financial and operational performance. Interested parties can join the call via live webcast, which will also be archived for later access. For additional information, visit the Investor Relations page on their website.

Contact: Robert Borchert, SVP, Investor & Corporate Communications, IR@priviahealth.com, 817.783.4841.

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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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