Privia Health Primary Care Prime Program

Value-Based Care and Practice Management Education for PGY-3 Residents.

Program Goal: Develop primary care attendings that are confident in value-based care and effective practice management.

Physician Resident Eligibility Requirements:

• Must be currently enrolled in a US family medicine or internal medicine program.
• Must agree to actively participate in Privia’s value-based care curriculum through virtual meetings.
• Must be starting their PGY-3 year.

Objective 1: Learn value-based care basics during weekly virtual sessions from various Privia physicians and non-physician leaders in operations, population health, payer contracting, and implementation.

Resident will:

1. Check-in with a supervising physician monthly.
2. Attend weekly virtual meetings and discussion groups with various physician and non-physician leaders.
3. Participate in Privia University value-based care trainings focusing on Hierarchical Condition Category (HCC) Coding, Total Cost of Care, and Quality.
4. Focus on transitional care management, remote patient monitoring, and chronic care management while leveraging mental health resources.
5. Review electronic medical record (EMR) documentation and use clinical and value-based care knowledge to improve documentation.

Objective 2: Gain exposure to practice management to understand the non-clinical demands of the practice.

Resident will:

1. Meet with the practice CEO to learn practice finances, billing, accounts receivable, payer structures, and human resource needs to better understand the business of the Care Center.

Summary of Payment & Course Stages:

Stage 1: Introduction to Value-Based Care | July

Payment to Resident:

$500/month for up to 6 months

Purpose: Monthly stipend for initial engagement

Monthly Time Requirements: 4-6 hours per month in a virtual capacity

Stage 2: Integration of Value-Based Care in Medical Practice* | January

Payment to Resident:

$1000/month for up to 6 months

Purpose: Increased monthly stipend for increased meetings and learning focusing on Care Center-specific information

Monthly Time Requirements: 4-6 hours per month in a virtual capacity

May be offered a contract with a Privia practice, with the potential for a sign-on bonus determined by that Care Center.**

* Participants may be offered the opportunity to sign a letter of intent to proceed with Stage 2 of the program.

** Sign-on bonus amount varies depending on the market. Length of employment thresholds apply.