secwatch.observer — SEC 8-K summary
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Issuer:     Privia Health Group, Inc. (PRVA)
CIK:        0001759655
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001759655-22-000179
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Privia Health Q3 revenue $342.9M (+36% YoY), raises FY22 guidance; new health system partnerships
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- Q3 revenue $342.9M (+36.3% YoY); GAAP net income $1.6M ($0.01/sh) vs net loss $9.1M (-$0.09/sh) prior year.
- Adjusted net income $16.7M ($0.13/diluted share) vs $15.0M ($0.13) prior year; adjusted EBITDA $15.7M (+12.9% YoY).
- Implemented providers 3,595 (+27.2% YoY); practice collections $611.9M (+52.4% YoY); care margin $77.7M (+26.4% YoY).
- Raised FY22 guidance: Practice Collections $2,325-2,400M (prev $2,050-2,200M); Adj. EBITDA $59-61M (prev $52-56M).
- Announced partnerships with Novant Health (NC) and OhioHealth (OH); ACOs achieved $99.9M in MSSP shared savings for 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759655/000175965522000179/0001759655-22-000179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759655/000175965522000179/prva-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001759655-22-000179

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