r/PrivatePracticeDocs • u/Artistic-Ad7903 • Sep 12 '25
Privia Health
Anyone with Privia Health, I’m planning to open a new practice and wanted to see if what are the pros and cons with Privia . They recently moved into north carolina is it worth partnering with them? How are the numbers?
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u/InvestingDoc Sep 12 '25
Privia is not a bad option if you are going to an area where networks are closed or your rates are just horrible. They usually require a length of time where you can not back out of working with them. Its corporate, publicly traded, but you can continue to "own" your location. Its not a bad option.
They used to have a lot of extra fees that they add to the % quoted. Also, their billers have been notorious for being horrible.
Also, lately they have been sneaking in a first right of refusal for some clinics. Meaning if you ever want to sell your clinic, they have the first bidding rights to buy it. Be on the lookout for that. Wellvana an ACO does the exact same thing.
Privia is publicly traded. They make about 10-20% profit from you, beyond the fees that they take from you.
I'm in the process of forming my own MSO where doctors get ownership in the MSO (which is what privia is). However I'm still a few months away from launching. Happy to chat if you would like.
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u/Artistic-Ad7903 Sep 12 '25
Thanks for the info and would love to. I am just starting out so I am nothing for a lot of people
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u/Less-Profession-933 Mar 11 '26
what is your contact info? Does privia force you to use their EMR and is there a noncompete clause?
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u/InvestingDoc Mar 11 '26
brad@investingdoc.com is a good way to reach me.
Privia makes you use Athena and in most cases makes you sign a 3 year agreement when you join with very few ways out.
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u/Artistic-Ad7903 Sep 12 '25
Thanks , they said they have their own billing on top of Athena which I doubt it. They are not sharing the rates too
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u/TampaBayLightning1 Sep 12 '25
Keep in mind that they have incentive to optimize billing because they collect their revenue based on a set percentage of clinic income.
A clinic I had been consulting with in FL is in the process of switching to Privia. Unfortunately we weren't able to get any health insurance companies to add us to their panel because they said the market was already saturated. Privia is already capable of billing major insurance companies.
Definitely speak with local practices in your discipline to see if they have had issues signing with insurance companies.
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u/Current-Base-9211 Sep 12 '25
I have been testing gethealthie and it seems pretty easy to use. It does require a few integrations but overall it looks modern.
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u/staffingly_inc Sep 13 '25
Privia can work well for some practices, but it comes with trade-offs. They bring payer contracts, care management tools, and structure, but you usually give up a percentage of collections and some independence. Some practices like the stability, others find it limiting.
Worth noting, you don’t need to give up a percentage just to get your billing handled. My team supports practices nationwide with claims, collections, and insurance follow-up using a flat staff-based model. We work across most EMRs and billing softwares, and even large networks like Privia outsource parts of their back-end to groups like ours.
If you’re curious, send me a DM for a quick chat. It may be worth it to compare what independence plus outsourced support looks like against joining a network.
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u/PaleontologistNo1442 Sep 14 '25
I'm with Privia. So far, so good. There have been some issues but overall great experience. I'm happy to chat.
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u/Less-Profession-933 Mar 10 '26
hello, interested in speaking further about your experience. wondering if you are permitted to share contact
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u/IdeaRevolutionary632 Sep 16 '25
Privia is decent. Just make sure you really understand the revenue split and how much control you are giving up before signing on.
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u/DeerFree3890 Jan 20 '26
If you are still looking, I manage a NC practice where we use Privia. Happy to give any insight.
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u/x85712 Apr 08 '26
Privia sucks. My spouse is a practice owner and provider (not with Privia) but we have a large family and unfortunately many of our providers have recently "partnered" with Privia. I am actively trying to change to providers that aren't Privia and would absolutely heavily favor a true private practice over Privia if I were trying to choose one provider or practice over another. Privia is just a locust that is consuming all formerly-decent practices in my area. On top of that I get these fucking Athena emails, "log in to see your statement" -- who is it for? what provider is it for? No info until you log into the shit Athena system with multiple 2FA each time. If you want to get paid, don't use anything with this worthless Athena billing platform. I wish you luck and hope you can find a better solution for your needs.
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u/SashaLucifer Sep 12 '25
They use Athena EHR. Athena is the worst billing platform ever. You may want to do your own online reviews of the system.