In 2012, the Centers for Medicare and Medicaid Services (CMS) launched the Medicare Shared Savings Program (MSSP). This visionary initiative introduced accountable care organizations (ACOs), spurred innovation, and accelerated value-based care’s momentum. Physician-led ACOs have proven particularly effective, generating nearly seven times more savings than other groups in the program. See how Privia’s physician-led ACOs …
Author Archives: Allwin Mani
28
Aug
Aug
In 2022, Privia’s accountable care organizations (ACOs) generated $131.7 million in savings through the Medicare Shared Savings Program (MSSP). In this episode, we discuss how our holistic partnership shares data-driven insights, champions physician governance, and supports doctors in both fee-for-service and value-based care with Sam Starbuck, Senior Vice President and General Manager of Privia Quality …
25
Aug
Aug
Privia ACOs Delivered Total Annual Average Expenditures 8% Lower than Median MSSP ACO and 19% Lower than Total Fee-For-Service Medicare $131.7 Million in Shared Savings Delivered across seven participating ACOs ARLINGTON, VA – August 25, 2023 – Privia Health Group, Inc. (Nasdaq: PRVA) today announced that its Accountable Care Organizations (“ACOs”) achieved shared savings of …
11
Aug
Aug
The future of healthcare is uncertain, unknown, unwritten. However, given the industry’s current trajectory, it’s safe to assume there will be less independent physicians. In 2012, only 14 percent of physicians were employed. Today, the majority of doctors are employed. Independent doctors are an integral part of the healthcare landscape. Reports suggest that many patients …
01
Aug
Aug
ARLINGTON, VA – August 1, 2023 – 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 …
27
Jul
Jul
All practices have unique challenges, goals, and starting points. For these reasons, healthcare partners should make sure their tools and services are as nimble and diverse as the providers they serve. By meeting providers where they are, we can thrive — together. National Expertise With Local Support Healthcare is “glocal” — meaning healthcare professionals …
11
Jul
Jul
Physicians are routinely presented with complex challenges to providing quality care and running their practices effectively. The choice of business operations and tech solutions is equally overwhelming — just type “EHR providers” into Google, and you’ll get millions of hits and over 20 suggestions. Aside from placing additional burdens on providers, managing multiple disparate systems …
23
Jun
Jun
Caring for kids along their journey from infancy to young adulthood makes pediatrics a uniquely rewarding specialty. Unfortunately, independent pediatricians like Michael Middleton, MD, also face unique challenges. “There’s this sense of vulnerability. You’re on an island. And in times of change and uncertainty, the more isolated you feel.” This uneasiness isn’t reducible …
24
May
May
Hear Mike Gebel, CEO of McIntosh Clinic, a multispecialty practice in Georgia, and President of the Georgia chapter of the Medical Group Management Association (MGMA), discuss how a partnership can help private practices thrive amid staffing shortages, the volume-to-value transition, and rampant consolidation.
23
May
May
Office managers play a pivotal role in guiding practices’ day-to-day operations as well as long-term strategy. Today’s private-practice administrators, however, face an array of complex challenges: Attracting and retaining talent amid inflation and staffing shortages Remaining financially viable while preserving autonomy Offering convenient tech tools to engage patients In this episode of The Break …
