On May 1, NuvoAir Medical Partners announced that it was entering into an agreement to acquire Privia Medical Group – Georgia.
Privia Medical Group – Georgia is part of Privia Health. It is a technology-driven, national physician enablement accountable care organization (ACO) that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual settings. Privia Medical Group – Georgia has more than 380 providers that care for more than 515,000 patients.
NuvoAir Medical is at the forefront of value-based specialty care, pioneering proactive and continuous virtual care solutions for individuals with heart and lung conditions. It supports cardiology and pulmonology practices by streamlining operations, reducing the administrative burden and accelerating growth.
This transaction marks a significant step forward in enhancing access to high-quality cardiopulmonary care for patients throughout the state of Georgia. The financial terms were not disclosed.
According to data captured in the LevinPro HC database, this transaction marks the first ACO deal of 2024. Throughout all of 2023, there was one ACO acquisition: Palm Beach Accountable Care Organization’s purchase of ACO Health Partners for $750,000.
