Privia Health Expands Value-Based Care Scale with Evolent ACO Acquisition.

Privia Health Group has acquired Evolent Health's accountable care organization business, expanding its value-based care model to over 120,000 attributed lives. The deal coincides with Privia's entry into new states, including Arizona. The acquisition increases Privia's scale in value-based care and may change its growth profile. Investors should watch for revenue, margin, and physician participation trends as the Evolent ACO business is integrated.