Privia Health Group Files Q1 2024 10-Q

Ticker: PRVA · Form: 10-Q · Filed: 2024-05-09T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, healthcare

TL;DR

Privia Health Q1 2024 10-Q filed. Financials and ops update.

AI Summary

Privia Health Group, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details financial performance and operational updates for the first quarter of 2024. Specific financial figures and business segment information are provided within the report.

Why It Matters

This filing provides investors with the latest financial health and operational performance of Privia Health Group, Inc. for the first quarter of 2024, influencing investment decisions.

Risk Assessment

Risk Level: medium — 10-Q filings inherently carry medium risk due to the detailed financial and operational information that can impact stock price.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is March 31, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on May 9, 2024.

What is the company's central index key?

The company's central index key is 0001759655.

What is the SEC file number for Privia Health Group, Inc.?

The SEC file number for Privia Health Group, Inc. is 001-40365.

What is the business address of Privia Health Group, Inc.?

The business address is 950 N. Glebe Rd., Suite 700, Arlington, VA 22203.

From the Filing

0001759655-24-000052.txt : 20240509 0001759655-24-000052.hdr.sgml : 20240509 20240509084446 ACCESSION NUMBER: 0001759655-24-000052 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 64 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Privia Health Group, Inc. CENTRAL INDEX KEY: 0001759655 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HEALTH SERVICES [8000] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40365 FILM NUMBER: 24928803 BUSINESS ADDRESS: STREET 1: 950 N. GLEBE RD., SUITE 700 CITY: ARLINGTON STATE: VA ZIP: 22203 BUSINESS PHONE: 571-366-8850 MAIL ADDRESS: STREET 1: 950 N. GLEBE RD., SUITE 700 CITY: ARLINGTON STATE: VA ZIP: 22203 FORMER COMPANY: FORMER CONFORMED NAME: PH Group Parent Corp. DATE OF NAME CHANGE: 20181120 10-Q 1 prva-20240331.htm 10-Q prva-20240331 0001759655 false 12-31 Q1 2024 xbrli:shares iso4217:USD iso4217:USD xbrli:shares prva:market xbrli:pure prva:company prva:provider 0001759655 2024-01-01 2024-03-31 0001759655 2024-05-03 0001759655 2024-03-31 0001759655 2023-12-31 0001759655 2023-01-01 2023-03-31 0001759655 us-gaap:CommonStockMember 2022-12-31 0001759655 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001759655 us-gaap:RetainedEarningsMember 2022-12-31 0001759655 us-gaap:ParentMember 2022-12-31 0001759655 us-gaap:NoncontrollingInterestMember 2022-12-31 0001759655 2022-12-31 0001759655 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001759655 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001759655 us-gaap:ParentMember 2023-01-01 2023-03-31 0001759655 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31 0001759655 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001759655 us-gaap:CommonStockMember 2023-03-31 0001759655 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001759655 us-gaap:RetainedEarningsMember 2023-03-31 0001759655 us-gaap:ParentMember 2023-03-31 0001759655 us-gaap:NoncontrollingInterestMember 2023-03-31 0001759655 2023-03-31 0001759655 us-gaap:CommonStockMember 2023-12-31 0001759655 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001759655 us-gaap:RetainedEarningsMember 2023-12-31 0001759655 us-gaap:ParentMember 2023-12-31 0001759655 us-gaap:NoncontrollingInterestMember 2023-12-31 0001759655 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001759655 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001759655 us-gaap:ParentMember 2024-01-01 2024-03-31 0001759655 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001759655 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001759655 us-gaap:CommonStockMember 2024-03-31 0001759655 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001759655 us-gaap:RetainedEarningsMember 2024-03-31 0001759655 us-gaap:ParentMember 2024-03-31 0001759655 us-gaap:NoncontrollingInterestMember 2024-03-31 0001759655 prva:PMGWestTexasAndPMGTNMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2024-03-31 0001759655 prva:PMGWestTexasAndPMGTNMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2023-12-31 0001759655 prva:FFSPatientCareMember 2024-01-01 2024-03-31 0001759655 prva:FFSPatientCareMember 2023-01-01 2023-03-31 0001759655 prva:FFSAdministrativeServicesMember 2024-01-01 2024-03-31 0001759655 prva:FFSAdministrativeServicesMember 2023-01-01 2023-03-31 0001759655 prva:CapitatedRevenueMember 2024-01-01 2024-03-31 0001759655 prva:CapitatedRevenueMember 2023-01-01 2023-03-31 0001759655 prva:SharedSavingsMember 2024-01-01 2024-03-31 0001759655 prva:SharedSavingsMember 2023-01-01 2023-03-31 0001759655 prva:CareManagementFeePMPMMember 2024-01-01 2024-03-31 0001759655 prva:CareManagementFeePMPMMember 2023-01-01 2023-03-31 0001759655 prva:OtherRevenueMember 2024-01-01 2024-03-31 0001759655 prva:OtherRevenueMember 2023-01-01 2023-03-31 0001759655 us-gaap:Re

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