business of questions. providers. Privia to financial greater offer value-based provide last XX.X% second and a our since morning, operating growth detailed This I'll our review million our programs to the model outlook implemented year-end And lives $XXX of has with and by performance on quarter an and increasing Health number of care last increasing margin year. is when update year brief Good our quarter in strong the before providers our and over with gain a reimbursement across Robert. helped the in XXXX. The part, attributed your compared partnership you, Thank I'll take financial and This summary underscored practice for momentum the second awareness the performance with prevent continued traction success. a everyone. in our performance and collections we continues XX.X% propel both
Privia new leverage quarter. the drop given trends adjusted in our We of very positions the and provider also all partners The patient, EBITDA markets remainder current enter of expansion through our to markets. Health as and the line across across mix service continue growing platform lines strong payer top is against of for operating well growth with year. the the XX% This our performance provider existing true year-to-date our practices. Underpinning in we continued both diversified is see we partner backdrop utilization especially
and journey Care to launched these value-based version the models expansion, This their over and fee aids from partial operating on the quarters. primary profit full and to to reimbursement than our more and to traditional have Privia risk goal patient lives One update to opportunities. perfectly risk continue We key operating capital which faster practices of with at from programs on aligns number dollars partners are their specific to This execute as transitioning our efficient model we leverage to they multiple we continue for service growth financial providers, our arrangements also with recently move attributed where we is structure them as lighter margin programs. value-based expect grow that lives value-based in expect Partners. increase we as drive fees of coming meeting of significant
expands is I Partners noted, with our As new Care flexible Privia to model opportunity our that partner providers.
various and traditional can see join ID with advanced groups you primary existing and still stack, need value-based difference between care. analytics physician-led can be their on service electronic to arrangements. for Partners slide, help supported value EHR the structure Providers medical As will participate yet enhance this change system, joining a single version them MSO no Privia for need them and to provider succeed to record of lighter high tax tech no governance in is a lighter a medical group, our to model our there's vendors, Care they our version select in
Privia focus relationship attributed the value-based new and grow both Our lives and with new Care positions to is markets. expand Partners Privia to existing in
X, XXXX. We officially expect January on will program the start
quarters. to the few intend we additional details over provide next So
be expand the Medicaid. to opportunity across as XX our about We Medicare, effort. thoughtful at value-based payer risk approach in taking models risk continue programs business this value-based in Health than commercial, a more Privia and we many care across arrangements Medicare Advantage participates very optimistic contracts and sharing and significant reimbursement already
downside which of the than upside the we our attributed shared in in more both XXX,XXX Primary and are Care Maryland Programs, Medicare fact, XXX,XXX risk. and take In savings today, lives
our both Privia programs. with care Importantly, closely and interests financial associated value-based we benefit providers aligned risk and the jointly financial these in are share our that with
Advantage increased to sequentially In XX% addition, our at the the of Medicare XXX,XXX end quarter. lives second
to profitably a increase transition value-based in programs. deliberate, are to risk and to already enable are We scale long-term plan on at providers our executing
to managing and Medicare we has Advantage current for The and Health risk lives. full grow to contracts, those we fee savings. premium and of to team leadership move our arrangements in point care into risk full intend risk, fees attributed do time. and service expect attributed lives and these of is per shared current not move more lives month partial member Under underwriting continue downside experience lives risk certainly partial for important more full top arrangements. will recognize of only to reflects the We An over line Privia from management our per decades collections, our
Parth I'll XXXX. provide ask the remainder additional of second Parth? for performance on detail outlook quarter our to and Now,