Privia Health Group (PRVA) Revenue & Revenue Breakdown
Privia Health Group Revenue Highlights
Latest Revenue (Y)
$1.66B
Latest Revenue (Q)
$422.33M
Main Segment (Y)
FFS-Patient Care
Privia Health Group Revenue by Period
Privia Health Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.66B | 22.19% |
| 2022-12-31 | $1.36B | 40.41% |
| 2021-12-31 | $966.22M | 18.25% |
| 2020-12-31 | $817.08M | 3.91% |
| 2019-12-31 | $786.36M | 19.58% |
| 2018-12-31 | $657.61M | - |
Privia Health Group generated $1.66B in revenue during NA 2023, up 22.19% compared to the previous quarter, and up 252.09% compared to the same period a year ago.
Privia Health Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $422.33M | 1.71% |
| 2024-03-31 | $415.24M | -5.80% |
| 2023-12-31 | $440.83M | 5.64% |
| 2023-09-30 | $417.28M | 0.95% |
| 2023-06-30 | $413.35M | 7.01% |
| 2023-03-31 | $386.28M | 6.00% |
| 2022-12-31 | $364.42M | 6.28% |
| 2022-09-30 | $342.90M | 2.19% |
| 2022-06-30 | $335.54M | 6.93% |
| 2022-03-31 | $313.80M | 13.97% |
| 2021-12-31 | $275.33M | 9.47% |
| 2021-09-30 | $251.52M | 11.41% |
| 2021-06-30 | $225.76M | 5.69% |
| 2021-03-31 | $213.61M | -0.04% |
| 2020-12-31 | $213.70M | 3.15% |
| 2020-09-30 | $207.17M | 13.04% |
| 2020-06-30 | $183.26M | -13.94% |
| 2020-03-31 | $212.94M | - |
Privia Health Group generated $422.33M in revenue during Q2 2024, up 1.71% compared to the previous quarter, and up 109.33% compared to the same period a year ago.
Privia Health Group Revenue Breakdown
Privia Health Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Shared Savings | $170.14M | $132.62M | $83.02M |
| Other Revenue | $8.50M | $5.95M | $5.41M |
| Capitated Revenue | $338.73M | $218.46M | - |
| FFS-Patient Care | $976.69M | $869.16M | $772.48M |
| FFS-Administrative Services | $113.15M | $94.93M | $68.81M |
| Care Management Fee (PMPM) | $50.52M | $35.54M | $36.50M |
Privia Health Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: FFS-Patient Care (58.92%), Capitated Revenue (20.43%), Shared Savings (10.26%), FFS-Administrative Services (6.83%), Care Management Fee (PMPM) (3.05%), and Other Revenue (0.51%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shared Savings | $47.46M | $39.84M | $33.53M | $52.85M | $43.93M | $42.32M | $30.24M | $32.09M | $27.96M | $20.97M | $25.33M | $18.88M | $17.83M |
| FFS-Patient Care | $274.82M | $272.34M | $245.57M | $230.99M | $227.79M | $231.63M | $221.91M | $211.29M | $204.34M | $221.88M | $200.21M | $180.82M | $169.58M |
| Other Revenue | $1.97M | $3.04M | $2.03M | $2.08M | $1.34M | $1.75M | $1.53M | $1.31M | $1.36M | $1.66M | $200.00K | $1.34M | $2.21M |
| FFS-Administrative Services | $29.08M | $29.74M | $29.84M | $27.17M | $26.40M | $23.02M | $25.27M | $23.64M | $23.01M | $21.64M | $16.41M | $15.35M | $15.41M |
| Capitated Revenue | $51.30M | $85.25M | $88.53M | $86.69M | $78.26M | $57.69M | $54.71M | $57.74M | $48.33M | - | - | - | - |
| Care Management Fee (PMPM) | $10.60M | $10.62M | $17.78M | $13.57M | $8.56M | $8.02M | $9.24M | $9.48M | $8.80M | $9.18M | $9.38M | $9.37M | $8.57M |
Privia Health Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: FFS-Patient Care (66.18%), Capitated Revenue (12.36%), Shared Savings (11.43%), FFS-Administrative Services (7.00%), Care Management Fee (PMPM) (2.55%), and Other Revenue (0.48%).
Privia Health Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EVH | Evolent Health | $1.96B | $647.14M |
| PRVA | Privia Health Group | $1.66B | $422.33M |
| HQY | HealthEquity | $999.59M | $299.93M |
| CERT | Certara | $354.34M | $93.31M |
| CPSI | TruBridge | $326.65M | $82.71M |
| HSTM | HealthStream | $279.06M | $71.56M |
| DH | Definitive Healthcare | $251.41M | $63.70M |
| NRC | National Research | $148.58M | $35.31M |
| SLP | Simulations Plus | $59.58M | $18.54M |
| STRM | Streamline Health Solutions | $22.60M | $4.48B |
PRVA Revenue FAQ
What is Privia Health Group’s yearly revenue?
Privia Health Group's yearly revenue for 2023 was $1.66B, representing an increase of 22.19% compared to 2022. The company's yearly revenue for 2022 was $1.36B, representing an increase of 40.41% compared to 2021. PRVA's yearly revenue for 2021 was $966.22M, representing an increase of 18.25% compared to 2020.
What is Privia Health Group’s quarterly revenue?
Privia Health Group's quarterly revenue for Q2 2024 was $422.33M, a 1.71% increase from the previous quarter (Q1 2024), and a 2.17% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $415.24M, a -5.80% decrease from the previous quarter (Q4 2023), and a 7.50% increase year-over-year (Q1 2023). PRVA's quarterly revenue for Q4 2023 was $440.83M, a 5.64% increase from the previous quarter (Q3 2023), and a 20.97% increase year-over-year (Q4 2022).
What is Privia Health Group’s revenue growth rate?
Privia Health Group's revenue growth rate for the last 3 years (2021-2023) was 71.57%, and for the last 5 years (2019-2023) was 110.81%.
What are Privia Health Group’s revenue streams?
Privia Health Group's revenue streams in c 23 are Shared Savings, Other Revenue, Capitated Revenue, FFS-Patient Care, FFS-Administrative Services, and Care Management Fee (PMPM). Shared Savings generated $170.14M in revenue, accounting 10.26% of the company's total revenue, up 28.30% year-over-year. Other Revenue generated $8.5M in revenue, accounting 0.51% of the company's total revenue, up 43.00% year-over-year. Capitated Revenue generated $338.73M in revenue, accounting 20.43% of the company's total revenue, up 55.05% year-over-year. FFS-Patient Care generated $976.69M in revenue, accounting 58.92% of the company's total revenue, up 12.37% year-over-year. FFS-Administrative Services generated $113.15M in revenue, accounting 6.83% of the company's total revenue, up 19.20% year-over-year. Care Management Fee (PMPM) generated $50.52M in revenue, accounting 3.05% of the company's total revenue, up 42.14% year-over-year.
What is Privia Health Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Privia Health Group was FFS-Patient Care. This segment made a revenue of $976.69M, representing 58.92% of the company's total revenue.