Privia Health to Enter Washington State
01 August 2023 - 11:00PM
Privia Health Group, Inc. (Nasdaq: PRVA) a national physician
enablement company, announced it has signed a definitive agreement
to enter the state of Washington in partnership with Walla Walla
Clinic, a multi-specialty practice with more than 50 providers
caring for patients in three locations.
“We are extremely pleased to partner with Walla
Walla Clinic as we expand Privia’s west coast presence and continue
to execute our strategy of aligning with like-minded providers and
practices to offer high quality care to patients across the U.S.,”
said Parth Mehrotra, CEO, Privia Health. “Walla Walla Clinic has a
highly successful history over its decades of operation, and we
look forward to continuing to build on its rich heritage of
delivering high quality care in the community.”
“It was essential for us to find the right
partner who shares our vision to help build a scaled provider
network in Washington while improving access to and affordability
of care in our community,” added Mark Haugen, MD, President, Walla
Walla Clinic. “We look forward to leveraging Privia Health’s
industry expertise, robust technology and services platform, and
physician-led governance structure to enable our practice and
future provider partners to enhance patient care, reduce
administrative burdens, and maintain local autonomy.”
Walla Walla Clinic will serve as the anchor
practice for Privia Medical Group — Washington. The transaction is
expected to close in the third quarter, and Walla Walla Clinic is
expected to be implemented on the Privia Platform by the end of
2023.
Leveraging its data connectivity through a
breadth of interoperable solutions and population health expertise
to enable care insights and collaboration, Privia Health will
provide an alternative to Washington physicians to care for
patients across all reimbursement models.
About Privia Health
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 settings. The Privia
Platform is led by top industry talent and exceptional physician
leadership, and consists of scalable operations and end-to-end,
cloud-based technology that reduces unnecessary healthcare costs,
achieves better outcomes, and improves the health of patients and
the well-being of providers. For more information,
visit priviahealth.com.
Cautionary Note Regarding
Forward-Looking Statements
This release may contain forward-looking
statements within the meaning of the safe-harbor provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond the Company’s control) or other
assumptions that may cause actual results or performance to be
materially different from those expressed or implied by these
forward-looking statements. These risks and uncertainties include,
but are not limited to, those factors described in filings with the
Securities and Exchange Commission (“SEC”), including those under
“Risk Factors” therein. Should one or more of these risks or
uncertainties materialize, or should any of the assumptions prove
incorrect, actual results may vary in material respects from those
projected in these forward-looking statements. Forward-looking
statements speak only as of the date made. The Company does not
undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
Contact
Robert BorchertSVP, Investor & Corporate
CommunicationsIR@priviahealth.com817.783.4841
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