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Stock impact report

Velocity Clinical Research partners with Luminis Health, moves into oncology in the U.S. [Yahoo! Finance]

Privia Health Group, Inc. (PRVA) 
Company Research Source: Yahoo! Finance
leading multi-specialty clinical sites business, and Luminis Health, a non-profit health system providing care for 1.8 million people, today announce their partnership to conduct clinical research within the health group's organization, connecting more patients with community-based research programs. The partnership will involve Velocity taking over operation of the hospital's existing clinical research capability in collaboration with Luminis Health's world-class physician base, bringing increased efficiencies and cost savings. The two organizations hope to use this partnership to further grow the research base within the health system. The partnership also marks a significant entry by Velocity into oncology in the United States. Erika Siegrist, Director, Research Administration at Luminis Health, said, “We are looking to do clinical research in a more cost-effective way. Our community-led approach to providing healthcare means more people than ever can access innovative treatmen Show less Read more
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