Privia Health (PRVA)

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Privia Health (PRVA) - 2021 Q4 - Earnings Call Transcript
2022-03-25 05:52
Privia Health Group, Inc. (NASDAQ:PRVA) Q4 2021 Earnings Conference Call March 23, 2022 8:30 AM ET Company Participants Robert Borchert - SVP, Investor and Corporate Communications Shawn Morris - CEO David Mountcastle - CFO Parth Mehrotra - President and COO Conference Call Participants Josh Raskin - Nephron Research Whit Mayo - SVB Leerink Jailendra Singh - Credit Suisse Lisa Gill - JPMorgan Jessica Tassan - Piper Sandler Richard Close - Canaccord Genuity Nick Spiekhout - William Blair Operator Good ...
Privia Health (PRVA) - 2021 Q4 - Earnings Call Presentation
2022-03-25 05:40
SPRIVIA 1 H E A L T H 4 th Quarter & Full Year 2021 Results March 23, 2022 Shawn Morris – Chief Executive Officer Parth Mehrotra – President & COO David Mountcastle – Chief Financial Officer Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that express the Company's opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results that include, but are not limited to: 2022 financial guidance and other projectio ...
Privia Health (PRVA) Presents At 40th Annual J.P. Morgan Virtual Healthcare Conference
2022-01-24 18:33
| --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Empowering Physicians | | | | | | | | TRANSFORMING | | | | | | | | J.P. Morgan Healthcare Conference January 10, 2022 HEALTHCARE | | | | | | | | | | | | | | | | | | | | | | | Disclaimer Forward-Looking Statements This presen ...
Privia Health (PRVA) - 2021 Q3 - Quarterly Report
2021-11-08 21:11
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40365 _________________________ Privia Health Gr ...
Privia Health (PRVA) - 2021 Q3 - Earnings Call Presentation
2021-11-08 19:38
| --- | --- | --- | --- | --- | --- | --- | |----------------------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2021 Results | | | | | | | Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that express the Company's opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results that include, but are not ...
Privia Health (PRVA) - 2021 Q3 - Earnings Call Transcript
2021-11-08 16:55
Privia Health Group, Inc. (NASDAQ:PRVA) Q3 2021 Earnings Conference Call November 8, 2021 8:00 AM ET Company Participants Robert Borchert - Senior Vice President of Investor and Corporate Communications Shawn Morris - Chief Executive Officer Parth Mehrotra - President and Chief Operating Officer David Mountcastle - Chief Financial Officer Conference Call Participants Jailendra Singh - Credit Suisse Ryan Daniels - William Blair Joshua Raskin - Nephron Research Lisa Gill - JPMorgan Richard Close - Canacco ...
Privia Health (PRVA) - 2021 Q2 - Quarterly Report
2021-08-09 20:13
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40365 _________________________ Privia Health Group, ...
Privia Health (PRVA) - 2021 Q2 - Earnings Call Transcript
2021-08-09 16:50
Financial Data and Key Metrics Changes - Practice collections increased by 30.3% to over $367 million compared to the second quarter of the previous year [11] - Care margin grew by 33.7% year-over-year, indicating strong financial performance [24] - Adjusted EBITDA rose by 43% in the quarter, with adjusted EBITDA margin expanding by 110 basis points year-over-year [25] Business Line Data and Key Metrics Changes - The company reported a 30.3% increase in practice collections driven by growth in implemented providers and attributed lives [23] - Year-to-date performance showed practice collections up nearly 17% and care margin increasing approximately 21% compared to the first half of 2020 [26] Market Data and Key Metrics Changes - Medicare Advantage lives increased by 13% sequentially to 102,000 at the end of the second quarter [20] - The company currently participates in over 70 at-risk value-based care programs across various payer contracts [18] Company Strategy and Development Direction - The launch of Privia Care Partners aims to expand partnerships with providers without requiring them to switch to a single tax ID medical group [14][15] - The company plans to grow attributed lives and transition more of these lives into downside and full risk arrangements over time [20] - The five core strategies for growth include same store growth, increasing attribution and risk-based contracts, adding new providers, opening new markets, and pursuing M&A opportunities [28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the significant opportunities in expanding risk-sharing arrangements across value-based reimbursement models [17] - The company expects attributed lives, practice collections, GAAP revenue, care margin, platform contribution, and adjusted EBITDA to be near the high end of guidance ranges for the remainder of 2021 [27] Other Important Information - The company has a net cash position of $266 million, providing sufficient capital for growth initiatives [25] - The management team has decades of experience in managing and underwriting risk, which positions the company well for future transitions in value-based care [21] Q&A Session Summary Question: Can you offer more detail around Privia Care Partners? - The model is designed for value-based care and includes MSO services, allowing providers to participate without switching platforms [34] Question: How does the utilization trend impact Privia? - The company is seeing positive impacts from both fee-for-service and value-based sides, demonstrating resilience across different utilization scenarios [39] Question: What is the provider pipeline outlook for 2022? - The company has a consistent sales approach throughout the year, with a strong pipeline for implementation in 2022 already under contract [42] Question: How do the economics of Privia Care Partners compare to traditional models? - The economics are expected to be similar, with a focus on attributed lives and participation in various value-based programs [45] Question: What is the competitive landscape for the new model? - The lighter model is not a direct reaction to market pressures but a strategic expansion to engage providers who are not ready for a full switch [64]
Privia Health (PRVA) - 2021 Q1 - Earnings Call Presentation
2021-08-09 13:18
| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that express the Company's opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results that include, but are not limited to: 2021 financial guidance and other projections and forecasts. These f ...
Privia Health (PRVA) - 2021 Q1 - Earnings Call Transcript
2021-05-28 03:39
Privia Health Group, Inc. (NASDAQ:PRVA) Q1 2021 Earnings Conference Call May 27, 2021 5:00 PM ET Company Participants Robert Borchert - Senior Vice President of Investor & Corporate Communications Shawn Morris - Chief Executive Officer Parth Mehrotra - President & Chief Operating Officer Conference Call Participants Lisa Gill - JP Morgan Jailendra Singh - Credit Suisse Sandy Draper - Truist Securities Ryan Daniels - William Blair Josh Raskin - Nephron Research Richard Close - Canaccord Genuity Jessica Tassa ...