Privia

Calm Waters AI Announces Agreement with Physician-Led Privia Health

Retrieved on: 
Tuesday, November 7, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231107960555/en/
    Calm Waters AI Announces Agreement with Physician-Led Privia Health (Graphic: Business Wire)
    Under the agreement, provider groups affiliated with Privia can implement and use Calm Waters AI at a discounted subscription rate.
  • According to an assessment by Mazars USA, Calm Waters AI consistently levels patient charts with a 97% accuracy rate.
  • “This agreement marks a milestone for our company, not only because it will increase the adoption of Calm Waters AI among medical groups but also because it represents an important validation of the solution we provide for a problem that providers face,” said Joe Ferro, President of Calm Waters AI.
  • Calm Waters AI, an affiliate of Montecito Medical, is currently used by some of the nation’s top medical practices and health systems.

Privia Health Reports Third Quarter 2023 Financial Results; Announces New Market Entry in South Carolina

Retrieved on: 
Friday, November 3, 2023

Total revenue for the third quarter of 2023 was $417.3 million, compared to total revenue of $342.9 million for the prior year third quarter (+21.7%).

Key Points: 
  • Total revenue for the third quarter of 2023 was $417.3 million, compared to total revenue of $342.9 million for the prior year third quarter (+21.7%).
  • Gross Profit for the third quarter of 2023 was $90.6 million, compared to $76.9 million for the prior year third quarter.
  • Operating income for the third quarter of 2023 was $5.5 million, compared to operating loss of $(4.6) million for the prior year third quarter.
  • Net income for the third quarter of 2023 included $10.8 million in non-cash stock compensation expense and $0.7 million in other expenses.

DeepScribe Adds Customization Studio to Their Fully Automated AI Scribe: Further Empowering Healthcare Systems to Support Specialized Workflows

Retrieved on: 
Monday, October 9, 2023

Earlier this year, DeepScribe's fully automated AI Scribe set the industry standard for accuracy, outperforming GPT4 by over 32% on medical documentation .

Key Points: 
  • Earlier this year, DeepScribe's fully automated AI Scribe set the industry standard for accuracy, outperforming GPT4 by over 32% on medical documentation .
  • Having reached parity with notes written by expert human scribes, DeepScribe is making its fully automated AI scribe generally available to users.
  • With the launch of Customization Studio, DeepScribe is the first AI Scribe to generate personalized, specialty-specific notes within seconds of completing a visit.
  • To see a demonstration of DeepScribe's AI medical scribe and Customization Studio, request a consultation at deepscribe.ai/contact .

Navina and Privia Health Join Forces to Empower Physicians with Transformative AI Technology

Retrieved on: 
Thursday, September 14, 2023

NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Navina, the artificial intelligence (AI)-powered primary care platform that transforms complex, fragmented patient data into actionable insights at the point of care, today announced a partnership with Privia Health Group, Inc. (Nasdaq: PRVA), a leading technology-driven physician enablement company. This collaboration will equip Privia Health's extensive network of physicians and providers with Navina's advanced AI technology, to enhance workflows, patient care, and value-based initiatives.

Key Points: 
  • This collaboration will equip Privia Health's extensive network of physicians and providers with Navina's advanced AI technology, to enhance workflows, patient care, and value-based initiatives.
  • Navina will further amplify these efforts by providing AI-powered clinical intelligence to better assess patients' health and inform clinical decision-making, while alleviating physician burden.
  • "This partnership underscores our commitment to arm our physicians with world-class technology that empowers them to manage patient health and well-being more effectively," said Mark Foulke, Executive Vice President of Transformational Value-Based Care at Privia Health.
  • "We're looking forward to working with Privia Health to unlock even greater value for physicians and their patients."

Michael Whalen's New Album 'Walk in Beauty, Like the Night' Inspired By the Casio Privia PX-S7000 Digital Piano

Retrieved on: 
Friday, July 21, 2023

DOVER, N. J., July 21, 2023 /PRNewswire-PRWeb/ -- "As a composer, I feel the responsibility of creating 'romantic' music that empowers and frees those who wish to be free," admits two-time Emmy® Award Winning Composer and Music Supervisor, Recording Artist and Producer Michael Whalen. "I look to transport people and give them permission to follow their hearts and dreams."

Key Points: 
  • It is also a sequel to his landmark 2005 piano recording, "My Secret Heart," one of the most popular and most streamed "New Age" albums ever.
  • While his previous piano albums have prominently featured some of the finest grand pianos, Whalen ultimately found fresh inspiration for the new album in the Casio PX-S7000 digital piano.
  • "To me, the Casio PX-S7000 is THE evolution of the piano in the 21st century," says Whalen.
  • "The Casio Privia is the centerpiece of my living room—a creative "oasis" for me to work exclusively with musical ideas.

Velocity and Privia Health Enter Partnership to Embed Clinical Research Into Practice Sites

Retrieved on: 
Tuesday, July 11, 2023

First site will open in Abilene, TX

Key Points: 
  • First site will open in Abilene, TX
    DURHAM, N.C., July 11, 2023 (GLOBE NEWSWIRE) -- Velocity Clinical Research (“Velocity”), the leading multi-specialty clinical sites business, and Privia Health (Nasdaq: PRVA), a physician enablement company serving more than 3,700 providers and 4.4 million patients, today announced a partnership to open embedded clinical research sites within Privia’s practice network.
  • The partnership is intended to establish integrated research sites within existing Privia Care Center locations that do not currently conduct clinical trials.
  • Velocity will staff and operate the joint research sites, bringing management experience in clinical trial operations and patient recruitment.
  • Keith Fernandez, MD, Privia Health Chief Clinical Officer, said, “The Privia Clinical Research program supports our Company’s mission to provide great care to patients and lighten the administrative burden for physicians and their practices.

Privia Health Announces Expansion of and Changes to Board of Directors

Retrieved on: 
Thursday, June 29, 2023

ARLINGTON, Va,, June 29, 2023 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that Adam Boehler, founder and Managing Partner of Rubicon Founders, will join the Company’s Board of Directors effective July 1, 2023.

Key Points: 
  • ARLINGTON, Va,, June 29, 2023 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that Adam Boehler, founder and Managing Partner of Rubicon Founders, will join the Company’s Board of Directors effective July 1, 2023.
  • Current CEO Shawn Morris, who is retiring, will remain on the Board.
  • In connection with these elections, the size of the Board was increased to ten directors.
  • “Finally, we thank Will Sherrill for his important contributions to Privia Health during his time as a board member.”
    “I am pleased to join the Privia Board,” said Parth Mehrotra, Privia's incoming CEO.

athenahealth Enhances its Marketplace Program to Strengthen Customer and Partner Success

Retrieved on: 
Tuesday, March 21, 2023

Partner tiering and an Accelerate Partner Program that helps customers distinguish which partner solutions are most adopted and highly rated by similar practices and specialties.

Key Points: 
  • Partner tiering and an Accelerate Partner Program that helps customers distinguish which partner solutions are most adopted and highly rated by similar practices and specialties.
  • A new Marketplace Diversity and Inclusion (D&I) Program, which recognizes valuable partnerships with minority-, woman-, LGBTQ-, disability-, and veteran-owned businesses.
  • A personalized Marketplace Partner Resource Hub for easy access to program resources, customer leads, and account management tools.
  • Further, over 71% of athenahealth customers have adopted Marketplace partner solutions, with thousands of new connections each year.

Privia Health and OhioHealth Health System Sign Definitive Partnership

Retrieved on: 
Tuesday, March 7, 2023

ARLINGTON, Va. and COLUMBUS, Ohio, March 07, 2023 (GLOBE NEWSWIRE) -- Privia Health (Nasdaq: PRVA) and OhioHealth, a nationally recognized not-for-profit health system, today announced the signing of definitive agreements forming a strategic partnership.

Key Points: 
  • ARLINGTON, Va. and COLUMBUS, Ohio, March 07, 2023 (GLOBE NEWSWIRE) -- Privia Health (Nasdaq: PRVA) and OhioHealth, a nationally recognized not-for-profit health system, today announced the signing of definitive agreements forming a strategic partnership.
  • This includes the formal launch of Privia Medical Group – Ohio for community physicians throughout the state of Ohio.
  • Privia Health executive vice president, health systems, Jason Ross said, “This partnership aligns with OhioHealth’s long-term strategy to build a scaled network of community providers across Ohio.
  • Privia’s physician enablement model is uniquely positioned to partner with health systems and community physicians, and support their long-standing commitments to their communities.

Privia Health Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Tuesday, February 28, 2023

Total revenue for the fourth quarter of 2022 was $364.4 million, compared to total revenue of $275.3 million for the prior year fourth quarter (+32.4%).

Key Points: 
  • Total revenue for the fourth quarter of 2022 was $364.4 million, compared to total revenue of $275.3 million for the prior year fourth quarter (+32.4%).
  • Operating income for the fourth quarter of 2022 was $2.2 million, compared to operating loss of $19.3 million for the prior year fourth quarter.
  • Implemented Providers for the fourth quarter of 2022 were 3,606, compared to 3,317 at the end of the fourth quarter of 2021 (+8.7%).
  • “Privia Health delivered exceptional operating execution throughout 2022, culminating in excellent fourth quarter and full-year financial performance, with practice collections, care margin and adjusted EBITDA at or above the high end of our most recent financial guidance,” said Shawn Morris, Chief Executive Officer, Privia Health.