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.
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.
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.
On March 7, 2023, Privia Health (Nasdaq: PRVA) announced a strategic partnership with OhioHealth, launching Privia Medical Group – Ohio. This initiative aims to enhance OhioHealth's clinically integrated network and provide local physicians with advanced technology and support for value-based care. The partnership seeks to reduce administrative burdens for physicians, enabling them to focus on delivering quality patient care. New members of Privia Medical Group will benefit from Privia's data connectivity and population health expertise, while participating in OhioHealth's CIN for improved access to value-based arrangements.
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