Privia Health Group, Inc. · NASDAQ:PRVA
Privia Health — William Blair Growth Conference 2022
21 slides from Privia Health's conference presentation, Jun 7, 2022
Slide 1: Empowering Physicians, Transforming Healthcare
1 Empowering Physicians Transforming Healthcare William Blair Growth Conference June 7, 2022
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements This presentation contains forward-looking statements that express the Company’s opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results that include, but are not limited to: 2022 financial guidance and oth
Slide 3: Building One of the Largest Primary Care-Centric Ambulatory Care Delivery Networks
3 Building One of the Largest Primary Care-Centric Ambulatory Care Delivery Networks Broad TAM across 50 states, all patients, all payers and all reimbursement models Privia Single Tax ID Medical Groups / Risk Bearing Entities Privia ACO Only Value-Added Platform Services (Owned / Partnership) Indep
Slide 4: Leading Next Generation Physician Organization and Care Delivery Network
4 Leading Next Generation Physician Organization and Care Delivery Network 870+ Care Center Locations 3,370 Implemented Providers 8 States (Plus D.C.) Note: As of 3/31/2022. Map and number of states include the launch of Montana, which was announced via press release on February 3, 2022. 3.8M+ Patie
Slide 5: Moving Markets Toward Value-Based Care At Scale
5 Moving Markets Toward Value-Based Care At Scale Enter Market Align with anchor medical groups and health systems to transition markets to value-based care Organize Providers Form high performance medical groups Develop network of leading primary care providers and specialists Drive Improveme
Slide 6: Diversified Value-Based Platform Across Reimbursement Models
6 Diversified Value-Based Platform Across Reimbursement Models 1 80+ At Risk Payer Contracts 848K Total Attributed Lives 342K Government Lives 506K Commercial Lives 106K Medicare Advantage Lives 168K MSSP & MDPCP Lives 68K Medicaid Lives 1 All data as of March 31, 2022. % of Lives in Upside / Downsi
Slide 7: Methodical Process Helps Providers Move Towards Value
7 Methodical Process Helps Providers Move Towards Value Practice Fundamentals Stabilize the practice to create a successful base Enhanced Experience Upgrade the patient experience Fundamentals of Value Execute on fundamentals of value-based care Comprehensive Care Take greater responsibility for the
Slide 8: Privia Has Extensive Experience in Managing Risk
8 Privia Has Extensive Experience in Managing Risk “It’s Called Risk for a Reason” Managing the Transition to Risk Profitably Diversification 80+ contracts across risk spectrum Contractual protections in each program Robust Oversight Audit / Compliance Healthcare economics / Actuarial expert
Slide 9: Delivering Demonstrable Value to Our Providers
9 Delivering Demonstrable Value to Our Providers Fee-for-Service Rate Lift Expense Savings on EMR / PMS & Group Purchasing Net Realization Rate Improvement Through Robust Revenue Cycle Management Enhanced Provider Productivity & Same- Store Patient Volume Value-Based Care Revenue: Commercial, MSSP,
Slide 10: Proprietary, End-to-End Tech Solution Enables Providers to Practice More Efficiently
10 Proprietary, End-to-End Tech Solution Enables Providers to Practice More Efficiently and Focus on Patient Care Proprietary end-to-end, cloud-based technology solution enabling scalable operations across providers and multiple markets Enhances workflows in both fee-for-service and value-based care
Slide 11: Positioned to Monetize Our Platform and Drive Growth
11 Positioned to Monetize Our Platform and Drive Growth — Same store growth of patients attributed to value based contracts — Moving existing attribution into full risk value based programs, such as direct contracting and fully capitated contracts — Develop new products with aligned payers — Add pri
Slide 12: Strong Execution since April 2021 IPO
12 Strong Execution since April 2021 IPO Existing Markets • Strong organic and same-store growth • Record provider retention New Markets • California and West Texas in 4Q’21 and Montana in 1Q’22 driving accelerated 2022 topline growth New & Expanding ACOs • Launched 3 new ACOs with 4 existing ACOs i
Slide 13: 1Q'22 Performance
13 $9.9 $14.8 1Q'21 1Q'22 $25.5 $35.0 1Q'21 1Q'22 $52.5 $71.6 1Q'21 1Q'22 $344.1 $561.9 1Q'21 1Q'22 281 342 440 506 721 848 1Q'21 1Q'22 2,648 3,370 1Q'21 1Q'22 1Q’22 Performance Implemented Providers (as of end of period) Attributed Lives (‘000s, as of end of period)1 Platform Contribution ($mm)Care
Slide 14: FY'22 Guidance at May 12, 2022
14 FY’22 Guidance at May 12, 2022 ($ in millions) FY’21 Actual FY’22 Guidance at 3.22.22 Updated Guidance Y-Y % Change from FY’21 Low High Low High Implemented Providers 3,317 3,625 3,725 Unchanged 9.3% 12.3% Attributed Lives 786,000 860,000 890,000 Unchanged 9.4% 13.2% Practice Collections $ 1,626.
Slide 15: Privia Health: Investment Highlights
15 Privia Health: Investment Highlights Proven and Scalable for All Provider Types, Patients & Reimbursement Models Multiple Drivers for Future Growth with a Large TAM Unique, Integrated Physician Alignment Model Profitable, Capital-Efficient Profile Proven, Diversified Value-based Platform Across R
Slide 16: Appendix
— ar, APPENDIX
Slide 17: Reconciliation of Operating (Loss) Income to Care Margin
17 Reconciliation of Operating (Loss) Income to Care Margin a 1 (1) Care Margin is total revenue less the sum of physician and practice expense.
Slide 18: Reconciliation of Operating (Loss) Income to Platform Contribution
18 Reconciliation of Operating (Loss) Income to Platform Contribution a 2 (2) Platform Contribution is total revenue less the sum of physician and practice expense and cost of platform. (5) Amount represents stock-based compensation expense included in Cost of Platform.
Slide 19: Reconciliation of Net (Loss) Income to Adjusted EBITDA
19 Reconciliation of Net (Loss) Income to Adjusted EBITDA a 3 (3) Adjusted EBITDA is net income (loss) attributable to Privia Health Group, Inc. shareholders and subsidiaries excluding minority interests, provision (benefit) for income taxes, interest income, interest expense, depreciation and amort
Slide 20: Reconciliation of Net (Loss) Income to Adjusted Net Income Per Share
20 Reconciliation of Net (Loss) Income to Adjusted Net Income Per Share a
Slide 21: Thank You
21 Thank You PriviaHealth.com Contact: Robert P. Borchert SVP, Investor & Corporate Communications robert.borchert@priviahealth.com Phone: 817.783.4841
Privia Health Group — William Blair Growth Conference 2022 on 6ix