Privia Health Group, Inc. reported a strong third quarter performance, with net income up by 94.1% and adjusted EBITDA up by 61.6% compared to the same quarter in 2024. Implemented Providers increased by 13.1% and Practice Collections by 27.1%. The company raised its FY’25 guidance above the high end for all key operating and financial metrics.

The company’s performance in the Medicare Shared Savings Program (MSSP) for 2024 was robust, with Privia ACOs achieving shared savings of $234.1 million, a 32.6% increase from the previous year. Privia Health also announced the acquisition of an ACO business from Evolent Health, which will expand its value-based care footprint to over 1.5 million attributed lives.

As of September 30, 2025, Privia Health had cash and cash equivalents of $441.4 million and no debt. The company’s balance sheet is expected to have $409.9 million in cash after closing the ACO business acquisition. Privia Health raised its full-year 2025 guidance, expecting to end the year with at least $410 million in cash and equivalents.

Key metrics for the company include Implemented Providers at 5,250, Attributed Lives at 1,406,000, and Practice Collections of $940.4 million for the third quarter of 2025. Non-GAAP financial measures like Care Margin, Platform Contribution, and Adjusted EBITDA showed positive growth compared to the same period in 2024. Adjusted net income for the quarter was $37.3 million.

The company will host a conference call on November 6, 2025, to discuss its financial results and outlook. The full news release, financial statements, and webcast information are available on the Privia Health Investor Relations website. Privia Health aims to transform healthcare delivery to achieve better outcomes, lower costs, and improve community health.

Read more at GlobeNewswire: Privia Health Reports Third Quarter 2025 Financial Results