Renaissance Capital logo

Privia Health Group Priced, Nasdaq: PRVA

Provides a value-based care platform for physicians.

Industry: Health Care

Latest Trade: $18.26 0.00 (0.0%)

First Day Return: +51.1%

Return from IPO: -20.6%

Industry: Health Care

Privia Health is a technology-driven, national physician-enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual care settings (the “Privia Platform”). We directly address three of the most pressing issues facing physicians today: the transition to the value-based care (“VBC”) reimbursement model, the ever-increasing administrative requirements to operate a successful medical practice and the need to engage patients using modern user-friendly technology. We seek to accomplish these objectives by entering markets and organizing existing physicians and non-physician clinicians into a unique practice model that combines the advantages of a partnership in a large regional medical group (each, a “Medical Group”) with significant local autonomy for the physicians (collectively, “Privia Physicians”) and non-physician clinicians (collectively “Privia Clinicians” and, together with the Privia Physicians, the “Privia Providers”) joining our Medical Groups. Our Medical Groups are designated as in-network by all major health insurance plans in all of our markets, and all Privia Providers are credentialed with such health insurance plans.
more less
IPO Data
IPO File Date 04/07/2021
Offer Price $23.00
Price Range $21.00 - $23.00
Offer Shares (mm) 19.5
Deal Size ($mm) $449
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/28/2021
Offer Price $23.00
Price Range $21.00 - $23.00
Offer Shares (mm) 19.5
Deal Size ($mm) $449
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
more
Company Data
Headquarters Arlington, VA, United States
Founded 2007
Employees 559
Website www.priviahealth.com

Privia Health Group (PRVA) Performance