Privia Health Group reports record growth in 2025 with 22.7% surge in attributed lives

Privia Health Group, Inc. has reported a strong financial performance for 2025, with notable growth across key areas. The company expanded its network of healthcare providers, increased attributed lives, and boosted practice collections by nearly 17%.

Before acquiring Evolent Health's ACO business, Privia Health Group had around 3,800 implemented providers. By the end of 2025, this number had risen to 5,380—a 12.3% year-over-year increase. The company also completed the acquisition of Evolent Health's ACO operations, adding over 120,000 value-based attributed lives and extending its reach into new and existing states.

Attributed lives grew by 22.7%, reaching 1,540,000. Practice collections climbed to $3.47 billion, a 16.9% rise. Adjusted EBITDA surged by 38.8%, hitting $125.5 million, while free cash flow conversion stood at 130% of adjusted EBITDA. The care margin also improved by 14.4% for the year.

Looking ahead, the number of implemented providers is projected to grow by another 10.6% in 2026. Attributed lives are expected to reach approximately 1,580,000 by then.

The company's 2025 results reflect significant expansion in its provider network, attributed lives, and financial metrics. With continued growth projected for 2026, Privia Health Group appears positioned for further increases in both operational scale and revenue.