PRVA

Privia Health Group, Inc. operates as a technology-driven national physician enablement company that supports medical groups in transitioning to value-based care models. Headquartered in Arlington, Virginia, the company partners with physicians and health systems to provide care delivery, population health management, and payer network contracting services. Privia's platform combines proprietary technology, practice management capabilities, and clinical tools to help independent and hospital-affiliated providers optimize performance under risk-based contracts. The company serves approximately 3,000 providers across more than 1,000 care sites in multiple states, supporting over 1.3 million patients. Privia generates revenue primarily through care management fees based on the number of patients attributed to its network, along with performance-based incentives tied to quality outcomes and cost savings. The company went public in April 2021 and has pursued growth through both organic expansion and strategic acquisitions, including its 2022 purchase of Almeda Health to expand its footprint in Florida. Privia differentiates itself through its Privia Enterprise platform, which offers electronic health records integration, data analytics, financial management, and patient engagement tools designed specifically for value-based care arrangements. The company operates in a healthcare environment increasingly focused on quality metrics and total cost of care rather than traditional fee-for-service models.