Privia Health ACOs Achieved Over $233 Million in Total Savings for the 2024 Medicare Shared Savings Program, Marking a 32% Increase from the Previous Year
ACOs Achieve Significant Savings: Privia Health's Accountable Care Organizations (ACOs) reported $233.1 million in shared savings for 2024, marking a 32% increase from the previous year, serving approximately 194,700 Medicare beneficiaries.
Mid-Atlantic ACO Leads in Savings: The Mid-Atlantic ACO achieved the highest savings rate of 10.6% among ACOs with over 40,000 attributed lives, demonstrating effective cost management and care delivery.
Financial Guidance Update: Based on the successful MSSP results, Privia Health has raised its Adjusted EBITDA guidance for full-year 2025 to between $113 and $116 million, with further updates expected in November 2025.
Privia Health Overview: As one of the largest physician enablement companies in the U.S., Privia operates in 15 states, focusing on improving healthcare delivery through technology and strategic partnerships, impacting over 5.3 million patients.
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