Privia Health Reports Q3 2026 Results, Acquires American Choice Healthcare
Privia agreed to acquire American Choice Healthcare MSSP for approximately $36 million in cash, adding over 36,000 attributed lives effective Jan. 1, 2027. It also projected 2026 revenue of $2.5 billion to $2.55 billion.
Privia Health Group, Inc. reported its financial results for the third quarter of 2026, highlighting performance metrics and operational updates. Alongside the earnings release, the company confirmed the acquisition of American Choice Healthcare MSSP, LLC, a subsidiary of Cano Health, for approximately $36 million in cash. This acquisition is expected to add over 36,000 attributed lives to the company's Medicare Shared Savings Program (MSSP) across multiple states, effective January 1, 2027.
Management noted that the transaction is expected to have a minimal impact on key metrics for the remainder of 2026 while contributing positively to attributed lives and Adjusted EBITDA in 2027. Additionally, the company provided updated revenue guidance for 2026, projecting a range of $2.5 billion to $2.55 billion.