Privia Health Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 03, 2023 at 09:02 am EDT
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Privia Health Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 417.28 million compared to USD 342.9 million a year ago. Net income was USD 5.64 million compared to USD 1.62 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago.
For the nine months, sales was USD 1,216.91 million compared to USD 992.24 million a year ago. Net income was USD 20.24 million compared to net loss of USD 26.36 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to basic loss per share from continuing operations of USD 0.24 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to diluted loss per share from continuing operations of USD 0.24 a year ago.
Privia Health Group, Inc. is a technology-driven, national physician-enablement company. The Company collaborates with medical groups, health plans and health systems. It enhances physician practices, improve patient experiences and doctors for delivering care in both in-person and virtual care settings. Its Privia Platform is powered by the Privia Technology Solution an end-to-end, cloud-based technology solution that integrates both Privia-developed and third-party applications into an interface and workflow that manages all aspects of its Privia Providers provision of healthcare services. Privia Platform optimizes provider workflow across the full continuum of reimbursement arrangements. The platform supports multiple provider types, enables scalable operations, and delivers patient centric in-person and virtual access to care, quality metrics, and lower cost of care. It provides management services to each Medical Group though a local management services organization.
PRIVIA HEALTH GROUP, INC. 
