Privia Health
Privia Health Group (NASDAQ: PRVA) is a publicly traded physician enablement company that provides technology, practice management, and value-based care infrastructure to 4,300+ independent providers across 25 states, serving 1.6 million attributed lives through its Privia Medical Group and Privia Quality Network ACO platform.
- Company typePublic
- Founded2014
- HeadquartersArlington, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Privia Health does
Privia Health Group, Inc. (NASDAQ: PRVA) is a publicly traded physician enablement company founded in 2014 and headquartered in Arlington, Virginia. The company operates a national physician organization that combines a proprietary technology platform with practice management, revenue cycle, payer contracting, and care coordination services to enable independent physicians and medical groups to participate in value-based care arrangements while preserving clinical autonomy. Its core offering, Privia Medical Group, consists of affiliated multispecialty physician practices; Privia Quality Network operates the company's ACO business participating in the Medicare Shared Savings Program and other value-based contracts. Supporting modules include Privia+ scribe/coder services, telehealth/virtual care, revenue cycle management, care management, the myPrivia patient portal, and specialty sub-brands for women's health and pediatrics.
The underlying technology stack combines EHR-integrated patient engagement, population health analytics, AI-driven workflow automation, and care gap closure tools. Privia's AI deployments include Zynix AI care execution agents supporting approximately one million patients, Amalgam Rx-powered automated outreach that processed ~23,000 colorectal screening orders in 48 hours, and Bamboo Health's AI-enabled behavioral health navigation platform. Revenue is generated through a hybrid model: practice collections from affiliated physician services (Q1 2026: $914.8M, up 14.6% YoY), shared savings from MSSP ACO arrangements ($233M+ delivered in 2024 performance year), physician enablement fees for practice management and RCM services, and delegated care management services for payer partners. As of Q1 2026, Privia operates across 25 states plus DC with 4,300+ providers in 300+ practice locations, 1.6 million attributed lives (up 26.5% YoY), and 130+ value-based care programs.
The company's go-to-market combines anchor-practice partnerships for new market entry (Neurology Group of Bergen County in NJ, Integrated Medical Services in AZ), strategic health system alliances (Novant Health, OhioHealth), and selective M&A to accelerate attributed-life growth, most notably the $113M acquisition of Evolent Health's ACO business closed December 5, 2025, which added 120,000+ value-based attributed lives. FY2025 revenue reached $2.12B (up 22% YoY) with $125.5M in Adjusted EBITDA, and management's FY2026 guidance of $2.35–$2.45B implies continued double-digit growth driven by geographic expansion, organic provider growth, and acquired VBC contracts.
Privia Health firmographics
Firmographics- Name
- Privia Health
- Legal name
- Privia Health Group, Inc.
- Website
- https://priviahealth.com
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Privia Health Group (NASDAQ: PRVA) is a publicly traded physician enablement company that provides technology, practice management, and value-based care infrastructure to 4,300+ independent providers across 25 states, serving 1.6 million attributed lives through its Privia Medical Group and Privia Quality Network ACO platform.
- Ownership category
- akta.pro rank
Privia Health industry classification
Industry- Product category
- Physician Enablement and Value-Based Care Services
- akta.pro primary industry
- Chronic Care & Complex Care Management (HSABAIAD)
- akta.pro secondary industry
- Benefits, Insurance & Long-Term Care Planning Navigation (Medicare/Medicaid/LTC) (HLADALAI)
Keywords
Where Privia Health is headquartered
LocationHeadquarters
- HQ city
- Arlington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Privia Health business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Value-Based Care Contracts: Revenue generated through MSSP ACO shared savings, Medicare Advantage capitated agreements, and other value-based arrangements. Privia ACOs delivered $233+ million in total savings in 2024 MSSP performance year, a 32% year-over-year increase.
- Practice Collections: Total practice collections from physician services delivered across Privia Medical Groups, representing the full revenue generated by affiliated practices. Q1 2026 practice collections reached $914.8 million, up 14.6% year-over-year.
- Physician Enablement Fees: Revenue from providing practice management, revenue cycle management, payer contracting, and technology services to affiliated physician practices.
- Care Management and Delegated Services: Revenue from delegated services including utilization management, care coordination, and quality reporting for payer partners.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Privia Health product offering
Product offeringCore offering
Privia Health is a physician enablement company that provides a proprietary technology platform and operational services to help independent physician practices transition from fee-for-service to value-based care. Core offerings include Privia Medical Group (physician-led multispecialty group), Privia Quality Network (ACO for MSSP participation), and supporting modules for revenue cycle management, care management, telehealth, and patient engagement, serving over 1.6 million attributed lives across 25 states.
Product overview
Privia Health is a national physician organization and technology-driven healthcare platform that enables independent physicians to thrive in value-based care. The core platform combines talent, tools, and enabling technology to develop and scale physician groups. The main products include Privia Medical Group (physician-led multispecialty group), Privia Quality Network (ACO network for MSSP participation), and myPrivia Patient Portal. Supporting modules include telehealth/virtual care, revenue cycle management, care management, and Privia+ (Scribe/Coder for documentation assistance). Specialized sub-brands include Privia Women's Health and Privia Pediatrics. The platform serves over 1.5 million patients across 25 states and the District of Columbia, operating approximately 4,300+ providers in 300+ practice locations.
Differentiator
Problem solved
Functional benefit
Brands
- Privia Medical Group: Physician-led multispecialty group providing care across various states under Privia's platform
- Privia Quality Network
- Privia+ (Privia Plus)
- Privia Care Partners
- Privia Health Group
Products and services
- Privia Medical Group Physician-led multispecialty group providing practice management tools, clinical collaboration, and strategic support for independent physicians to maintain autonomy while thriving in value-based care models. Operates as Privia Medical Group entities across multiple states serving over 1.6 million attributed lives.
- Privia Quality Network Physician-led Accountable Care Organization (ACO) network enabling providers to participate in Medicare Shared Savings Program and other value-based care arrangements. Privia ACOs delivered $233+ million in total savings in the 2024 MSSP performance year, with average annual expenditures 8% lower than the median MSSP ACO.
- Privia+ (Scribe / Coder) Virtual scribe and medical coding service designed to reduce physician administrative burden and burnout by assisting with documentation during patient encounters.
- Telehealth / Virtual Care 24/7 virtual visit platform enabling patients to connect with providers remotely, integrated with patient portal for convenient access to on-demand care. 97% of elderly patients reported positive telehealth experiences.
- Revenue Cycle Management Comprehensive billing, coding, and revenue cycle services helping practices optimize financial performance and reduce administrative burden. Recognized with the 2026 HFMA MAP Award for High Performance in Revenue Cycle.
- Care Management Population health management and care coordination services helping providers manage chronic conditions, close care gaps, and improve patient outcomes through analytics and AI-driven workflows.
- Privia Care Partners Partnership program for MSSP (Medicare Shared Savings Program) participation, providing infrastructure and analytics for value-based care delivery.
- Privia Women's Health Specialized women's health program providing resources and support for OB-GYN and women's health providers within the Privia network.
- Privia Pediatrics Pediatric-focused program supporting independent pediatrics practices with clinical informatics, practice management, and value-based care transition.
- myPrivia Patient Portal Patient-facing digital platform enabling patients to message doctors, access virtual care, receive appointment reminders, refill prescriptions, and manage their healthcare.
- PriviaConnect (Physician Portal) Provider-facing portal for physicians to access patient records, manage schedules, and coordinate care across the Privia network.
Quantifiable outcome
- Delivered $233+ million in total savings in 2024 MSSP performance year, a 32% year-over-year increase
- +5 more outcomes
Companies that use Privia Health
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Privia Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature4 records
Privia Health partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Neurology Group of Bergen County (NGBC)coreNGBC, a neurology practice founded in 1973 with 25 clinicians in Ridgewood, New Jersey, partnered with Privia Health as anchor practice for Privia Medical Group—New Jersey. The partnership aims to expand access to high-quality neurological care while preserving NGBC's independent culture built over 50 years. Cross Keys Capital served as exclusive financial advisor to NGBC in the transaction. Implementation expected by year-end 2026.
- Evolent HealthcoreAcquisition of Evolent Health's Accountable Care Organization (ACO) business caring for over 120,000 attributed lives. Transaction valued at up to $113 million including performance-based payouts, expected to positively impact EBITDA in 2026. Closed December 5, 2025.
- Exact Sciences Corp.coreCollaboration on colorectal cancer screening program achieving 84% screening rate in 2024, exceeding National Colorectal Cancer Roundtable's 80% goal. The program used EHR-integrated workflows and automated patient outreach to engage over 100,000 patients nationally, process approximately 23,000 screening orders within 48 hours, and identified 550+ patients with positive results.
- Amalgam Rx, Inc.coreHealthcare technology collaboration for EHR-integrated colorectal cancer screening program. Amalgam Rx provided the technology integration enabling automated patient identification, engagement, and follow-up at scale through electronic health records.
- Novant Health EnterprisescoreStrategic partnership formed November 2022 for collaborative healthcare delivery. Novant Health is a prominent health system in the Southeast United States.
- OhioHealthcorePartnership announced September 2022 with OhioHealth, a major health system in Ohio, for collaborative care delivery and physician alignment initiatives.
Scale indicators10 records
Recent moves10 records
Expansion highlights5 records
Privia Health competitors and assessment
Company assessmentDirect peers
- Aledade: Privately held physician enablement company focused on helping independent PCPs succeed in MSSP and other VBC programs—direct competitor for the same anchor-practice pipeline.
- VillageMD (Walgreens Boots Alliance): VBC-focused primary care platform with co-located clinics at Walgreens—competes with Privia for value-based primary care lives and physician group partnerships.
- agilon health: Public VBC enablement company that partners with primary care physicians in value-based Medicare contracts—directly comparable to Privia's physician enablement and ACO model.
- Oak Street Health (CVS Health): VBC primary care platform serving seniors, now owned by CVS Health—direct competitor in the senior-focused VBC market that Privia is scaling into via MSSP and MA.
- Astrana Health (formerly Apollo Medical Holdings): Physician-centric, value-based care organization managing ACOs and delegated risk arrangements for seniors—closely aligned with Privia Quality Network and Privia Medical Group.
Broad incumbents
- Optum (UnitedHealth Group): Largest healthcare services and physician enablement platform in the U.S., with national VBC and ACO reach—a dominant incumbent competing in essentially every market Privia enters.
- Evolent Health: Specialty care and ACO enablement company that just sold its ACO business to Privia—overlapping VBC and payer-services footprint, with broader specialty care management scope.
Emerging players
- Cano Health: VBC primary care provider for seniors with a clinic-and-physician model comparable to Privia's medical groups; illustrates execution and capital risks in the senior VBC category.
- P3 Health Partners: VBC primary care group serving Medicare Advantage populations, with a physician partnership model similar to Privia's—smaller scale and earlier stage, but operating in overlapping geographies.
- One Medical (Amazon Health Services): Membership-based primary care platform with strong VBC and commercial components—overlaps with Privia's tech-enabled, patient-experience-focused primary care model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Privia Health social profiles
Digital presencePrivia Health compliance and trust
Trust signalCompliance3 records
Privia Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
Privia Health leadership team
Management profileNumber of profiles
Profiles20 records
Privia Health subsidiaries and ownership
Company hierarchySubsidiaries4 records
Privia Health funding detail
Funding detailFunding overview
Funding rounds5 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Privia Health M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Privia Health
What does Privia Health do?
Privia Health is a physician enablement company that provides a proprietary technology platform and operational services to help independent physician practices transition from fee-for-service to value-based care. Core offerings include Privia Medical Group (physician-led multispecialty group), Privia Quality Network (ACO for MSSP participation), and supporting modules for revenue cycle management, care management, telehealth, and patient engagement, serving over 1.6 million attributed lives across 25 states.
Is Privia Health a public or private company?
Privia Health is a public company. It is classified as public and is currently operating.
When was Privia Health founded?
Privia Health was founded in 2014. It employs 1,001 to 5,000 people.
Where is Privia Health based?
Privia Health is headquartered in Arlington, United States, in the North America region.
How does Privia Health make money?
Four revenue lines are on record. Value-Based Care Contracts are the primary driver. The others are practice Collections, physician Enablement Fees and care Management and Delegated Services.
Who are Privia Health's main competitors?
Direct peers on record are Aledade, VillageMD (Walgreens Boots Alliance), agilon health, Oak Street Health (CVS Health) and Astrana Health (formerly Apollo Medical Holdings). Broad incumbents are Optum (UnitedHealth Group) and Evolent Health. Emerging players are Cano Health, P3 Health Partners and One Medical (Amazon Health Services).
Does Privia Health have an API?
No public API is recorded for Privia Health.
What industry is Privia Health in?
Privia Health's product category is Physician Enablement and Value-Based Care Services. Its primary akta.pro industry code is HSABAIAD, Chronic Care & Complex Care Management, with a secondary code of HLADALAI, Benefits, Insurance & Long-Term Care Planning Navigation (Medicare/Medicaid/LTC).