MedCity News May 6, 2021
In a wide-ranging interview, Privia Health CEO Shawn Morris discussed the company’s recently closed IPO, its plans for the funds raised and what he sees as the company’s biggest value-add as the Covid-19 pandemic enters a new phase.
Privia Health Group, a company that partners with physician practices to enhance operations, recently closed its initial public offering, gaining $131 million in gross proceeds.
The Arlington, Virginia-based company focuses on reducing physicians’ administrative burdens through technology and accelerating their transition to value-based care.
Currently, 2,700 providers across six states and the District of Columbia partner with Privia Health, providing care to more than 3 million patients, CEO Shawn Morris said in a phone interview. Roughly, 680,000 are cared for through value-based...