Jefferies bullish on value-based primary healthcare providers

Privia Health

25/03/2022 10:57

** Brokerage Jefferies upbeat on value-based primary
healthcare providers, especially agilon health Inc  AGL.N  and
Privia Health Group Inc  PRVA.O , saying they can grow without
needing to raise cash before 2024
    ** Brokerage bullish on value-based care as it believes the
companies will see robust growth through 2030 driven by
low-double-digit enrollment in Medicare Advantage and increasing
interest among payers in the segment
    ** Says it is upbeat on AGL management's ability to grow
more than co's guidance, and views its "capital-light model as a
stronger source of differentiation given capital markets
uncertainty"; raises PT to $41 from $35  urn:newsml:reuters.com:*:nL5N2V65QL
    ** Adds PRVA poised for strong growth as co demonstrates
value of its business model in bringing physicians that wish to
stay independent; retains 'buy' rating for PT of $33
    ** Up to last close, AGL shares had fallen 11% YTD, while 
PRVA slipped 1%

 (Reporting by Leroy Leo in Bengaluru)
 ((Leroy.Dsouza@thomsonreuters.com ; Twitter: https://twitter.com/LeroyLeo7;))