Privia Health Reports That Its Accountable Care Organizations Achieved Shared Savings Of $176.6M Through The Medicare Shared Savings Program For The 2023 Performance Year, A 34.1% Increase From 2022
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Privia Health Group, Inc. (NASDAQ:PRVA) announced that its Accountable Care Organizations achieved $176.6 million in shared savings through the Medicare Shared Savings Program for 2023, marking a 34.1% increase from 2022.
October 29, 2024 | 9:05 pm
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Privia Health Group, Inc. reported a significant increase in shared savings through the Medicare Shared Savings Program, achieving $176.6 million for 2023, a 34.1% rise from the previous year.
The reported increase in shared savings indicates improved efficiency and cost management by Privia Health's ACOs, which is likely to positively impact investor sentiment and the company's stock price in the short term.
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