Thanks, David.
existing intend risk-based our identifying practices, about this opening recent performance and excited and increasing and new are platform. our within growing continue We by momentum attribution XXXX. new into to success markets opportunities expand providers, heading adding contracts, operating to We
which growth. XXX,XXX is to reach X,XXX with implemented lives providers the expected XXXX, at increasing year-over-year double-digit midpoint, For is to attributed
We of sales leadership, billion accelerating $X.X than at expect collections to plan practice across support to XX.X%, midpoint business EBITDA and line to more infrastructure and our and to guidance. top increase talent to the in enterprise growth. both this XX.X% grow our performance invest technology operational adjusted We and clinical our
adjusted as the We come reporting XX-Q. top section Beginning expect our sources capitated as revenue newly full and of year rate. a we online to in QX, of GAAP line to in and are through the item EBITDA practice ramp providers the and anticipate implemented our follow new collections line signed revenue revenue at run
cost the our the also physician contracts. at-risk to to expense to provider line which capitated capture and will rename We practice expect medical expense, complete related
guidance. Here are our assumptions XXXX several underlying
recently the perspective. of a our new our million which from initiatives, announced includes is new million and only approximately Adjusted $X value-based spend. investment to expectations agreements impact previously support This $X care our EBITDA outlook capitated market growth market ahead accelerated includes guidance Our expansions and all timing entries. were of to of new announced in
are assumptions to at our care capitated our of growth incremental operating resuming would point EBITDA our contribution We in leverage this XXXX. this agreements and are from investments year prudent making follow new than of or We financial new minimal first million capital-efficient partnership free anticipate in margin and greater for capital in XX% model, adjusted next. expenditures flow this XXXX, our presuming expect we of XXXX. year to With cash with market to plus less convert $X entries EBITDA no
focus allowing to our Privia level. executing are us achievements number growth a highlighted operational on high and activities that is growth. is by driving and broad-based is performance of at financial a This Health Our recent
strength in the XXXX on up in First, a continued quarter, driven solid of adjusted ahead ambulatory to all markets, utilization pre-COVID by of practices and through fourth baseline. the we same-store visits and basis with resilient across growth seasonally see well our our and during
adding gained market by has providers share practice in grew Our locations. existing and
also line confidence more are than X each upside more on top and We Second, programs won additional $XXX are arrangements arrangements our provides Attributed us year across net core ACOs solid provides value-based both by million baseline in increasing our now bottom first operations in for through participating yield better and our added which supports taking expected clinical in this year, the and programs. of of Florida our in add shared financial and this a new to line level success than care We to more the a focused ACOs, the performance as our MSSP seven top increasing and are various resulting four on achieved risk. savings to capitated substantially and three incrementally XX well Lives risk We've Enhanced life. as this Privia's Track of and of our effective January basis. opportunity. Mid-Atlantic value-based
organic flywheel of is market services, partnership research effect state-of-the-art our to such program to sales record A through success in Privia with markets as our in ancillary our additions strategy our during We presence in lab platform continue year. of value-added and our existing provider Mid-Atlantic key new the our and the generated in clinical the monetize Javara. witness efforts we number geographies. through component existing Third, the of growth
partners. risk-bearing long-term at-scale physician our platform key strategy to well these and entity our component medical a value-added offer our integrated ahead is a allows of development payer services group Our business Fourth, we of and uniquely active on plan. to our pipeline, us growth common tracking and are
geographies of Group California in surgery Falls partners Clinic strength our Great BASS provider across reflect flexibility Our types. and Montana model partnership Medical in the and and with
their surgery with Our look best-in-class clinic partners patients. that their entry We services and provides seeing to drives and efficiencies on technology value-based industry our allows to particular, platform approximately Medicaid partnership in Attributed this XXX,XXX the platforms Payer Health Medicaid covering at-risk broadest how commercial, Medicare, Advantage of across has Privia Lives the evolves. with Contracts and arrangements. and doctors forward focus in Montana access to one care
continues attributed this noted our we've slide, is in the in in size, practice risk our of to that years Medicare As emphasize growth not covering to recognized GAAP our collections spend of value-based savings we and bottom Privia's upside and improve across $X.X move shared slide goals scale, to MSSP execute performance earn greater reduce of thoughtful lives tremendous the provide manage and important line This associated approximately at current and lives that our is come. of we care are line top total It arrangements. the and programs. starting to billion medical capability costs X, to top EBITDA $X.X opportunities January managed Advantage and to risk the two-thirds Medicare downside This total shows under attributed a downside billion taking with in revenue. payer we patient upside with and outcomes on for XXXX, contracts, many risk significant as our platform of
a forward basis we only However, $XXX recognize in million on approximately line annual today. top would our
to or over capitated full match top add we risk patient with differentiator key our of A each of the these time. the convert we thoughtful value-based maturity opportunity We have to approach to very requisite when lives $X.X an programs. the in risk into billion if our is Privia's parameters contracts So risk. line, additional or pools
management, in of high Privia's and can to a lower managing closely reason, contracts outcomes is increasing risk care and model expertise transition balance and to this clinical limiting we succeed we to improve risk is arrangement, across patient each in of manage actuarial in Our move risk. set successful increasingly to and level leverage profitability economics for as confidence risk been proven diverse financial care a costs. profitably. our medical It have extensive risk performance we value-based and has goal a that greater risk called health
panels physician clinical We practice manage compliance of team. our is risk and spectrum. alignment oversight audit the patient influence through provide key Our operations physician-led help our close and work with performance. day-to-day our physicians structure This critically on of successfully hands is to important governance and and across robust accomplished levers
Privia is and provider across practice to deeply performance. measure Our The growth, our while in and this ownership entire analytics well comprehensive is the everyday platform we confident the structure. outcomes platform panels autonomy with our as workflows technology slide. and gaining influence to top are scale in line as preserving providers' care ability drives and value-based data our practices value-based adoption, is on embedded resulting as patient providing lives This in momentum support shown why
Since We EBITDA only down in consistent our P&L business not contribution, care growth, margin, but proven translate line deliver have model that further also top can adjusted the that growth with consistent that platform initial and the free performed have ahead of while margins. internally we a cash and flow externally increasing time. set public almost we ago, communicated at expectations offering our year
implemented of internal attributed ahead of our well market and lives. providers IPO are in entries, expectations We terms new
operator, expand a which midpoint With capabilities care grow well EBITDA expect growth is markets. in continue I'd we're for growth their physician over We period. and positioned success. results and into see our thank new to work at a first Privians line have billion XX-plus partners future and hard solid XXXX, growth like both translated to existing of line that dedication ready deep for that, two-year patient to delivering integrated of these accelerated scalable, model range. in reach high-quality delivery Privia care the position financial the approximately and top for outcomes all our in value-based to question. our and guidance Furthermore, and for us achieving our now we $X.X collections top practice percent
