Privia Health: Jeff Sherman Joins Privia Health as CFO – Form 8-K


Jeff Sherman Joins Privia Health as Chief Financial Officer

ARLINGTON, VA – January 6, 2022 – Privia Health Group, Inc. (Nasdaq: PRVA) has announced that Jeffrey S. Sherman will join the company as Executive Vice President and Chief Financial Officer (CFO), effective immediately. Mr. Sherman will report to Privia Health’s Managing Director Shawn Morris and will be responsible for finance and accounting, including financial planning and analysis, treasury, investor relations and SEC reporting.

“Privia Health’s vision is to create a national, next-generation healthcare delivery organization, and we are very pleased that Jeff adds to the depth and breadth of our leadership team as we continue to grow in several. new and existing geographies, ”said Privia Health CEO Shawn Morris. “We expect Jeff’s extensive experience in financial services, healthcare and payers with public companies to be a valuable asset to Privia Health during this period of tremendous growth and momentum for our organization. . His demonstrated financial expertise and attention to operational details will support our mission to build nationwide supplier networks and create long-term value for our shareholders. ”

Sherman was Executive Vice President (EVP), Chief Financial Officer and Treasurer of HMS Holdings Corp. since 2014. Previously, he was Executive Vice President and Chief Financial Officer of AccentCare, a privately owned community health care delivery organization. Sherman was previously executive vice president and chief financial officer of LifePoint Hospitals Inc., a publicly traded operator of 71 hospitals in 22 states with annual revenue of $ 6.3 billion before its sale. His healthcare background also includes financial leadership roles within Tenet Healthcare Corporation, including roles as treasurer and divisional and hospital CFO. Sherman holds a BS in Finance / Accounting from the University of Colorado at Boulder and an MBA from the University of Southern California.

Mr Sherman succeeds David Mountcastle, who will leave to pursue other opportunities after a period of transition. “David has been instrumental in the growth and success of Privia Health. On behalf of our company, I thank him for his many contributions and wish him success in his future endeavors,” added Morris.

About Privia Santé

Privia Health â„¢ is a national, technology-driven physician empowerment company that works with medical groups, healthcare plans and healthcare systems to optimize physician practices, improve patient experiences, and reward physicians for the delivery of high-value care in person and virtually. settings. The company’s platform is led by the best talent in the industry and exceptional medical leadership, and consists of scalable operations and end-to-end cloud technology that cuts unnecessary healthcare costs, gets better outcomes and improves the health of patients and providers. For more information, visit priviahealth.com.

Safe Harbor Declaration

This press release may contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or others. assumptions that may cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, the factors described in filings with the Securities and Exchange Commission (“SEC”), including those mentioned in the “Risk Factors” section. If one or more of these risks or uncertainties materialize, or if any of the assumptions prove to be incorrect, actual results could differ in material respects from those projected in these forward-looking statements. Forward-looking statements speak only as of the date they are posted. The Company does not undertake any obligation to update or revise

any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Contact:

Robert Borchert

Senior Vice-President, Investors and Corporate Communications

[email protected]

[email protected]

817.783.4841


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