Privia Health announces launches of ACOs in Delaware and North Carolina

Privia Health Group announced it has launched two new Accountable Care Organizations, or "ACOs," now including providers in Delaware and North Carolina, which are participating in the Medicare Shared Savings Program, or "MSSP." This expands the total number of Privia-owned ACOs to nine, serving beneficiaries across the District of Columbia and ten states, including California, Delaware, Florida, Georgia, Maryland, Montana, North Carolina, Tennessee, Texas, and Virginia. Effective January 1, 2023, the Privia ACOs will now include more than 2,500 independent providers delivering care to over 191,700 Medicare beneficiaries. Five of the nine ACOs are participating in the MSSP Enhanced Track with "substantial, potential upside and downside financial risk," the company stated. "As Privia continues to expand our national footprint, we are proud to continue launching new ACOs and expanding our relationship with CMS and the MSSP program. We remain focused on building scaled provider networks nationwide and enabling our providers to transition profitably and intelligently to increased risk in value-based programs over time," said Mark Foulke, Privia Health Executive Vice President Transformational Value-Based Care.