Privia Health Group, Inc. Q4 2025 Earnings Call Summary

Performance was driven by a diversified value-based platform serving over 1.5 million patients across 130 commercial and government programs, reducing dependency on any single contract. Management attributed strong EBITDA growth to significant operating leverage on cost of platform and G&A expenses, reaching a 27.2% EBITDA margin as a percentage of care margin. High gross provider retention of 98% and strong new provider implementations provided visibility into 2026, despite a difficult healthcare ser ...