In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. We remind physicians of their identity and calling, and then we equip them to do so. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Richard Park, MD, FACEP, Chief Executive Officer, Rendr; Co-Founder and Managing Partner, Ascend Partners; Founder, CityMD Dr. Richard Park is a healthcare investor, entrepreneur, and board-certified emergency medicine physician. Dr. Richard Park has shaken up New York City's health care industry with his CityMD walk-in clinics, an urgent-care chain with 48 clinics, many of them added through a December 2013 merger with . We are vertical integrators, and we concentrate on specific geographies so that we can better meet the needs of our patients. Right now, multimodal communication pathways are of a keen focus on healthcare. We are not even on the right planet or even on the same universe. Were looking for standardization so all providers and payers can move together. Rendris about self-advocacy and its about creating the fundamental business to grow in a value-based world. CityMD sold a majority stake in its urgent-care chain to private-equity firm Warburg Pincus as it seeks to accelerate its expansion "through new site openings and strategic acquisitions and. He is a co-editor of McGraw Hills Intensive Review of Emergency Medicine. It takes self-responsibility and advocacy. Others Named Richard Park. As for Park, hedidnt sit back and take a victory lap. Our StoryDr. Below are excerpts from this conversation. They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. At 45 years old, Richard Park height is 6ft 0in (183cm) and Weight 190lb (86kg; 13st 8lb). Dr. Richard Park is the founder and former CEO of CityMD, a leading urgent care company that has treated over 4 million patients through its 120+ locations in New York and New Jersey. Short term, we dont have a budget. counterparts would ask for like $200,000 right out of college. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. "You guys are capable and healthy. The concept started when a group of Asian physicians. Our starting team of physicians were all friends and had worked together years prior in the crucible of the ER, so we knew we were in this together. He . Yes, we all have to help each other, but there is a component of responsibility and self-determination. Again, Aftercare is our care coordination team manned by physicians, physician assistants, nurse practitioners, and other trained professionals to care for our patients after they leave our office. Richard Park Net Worth His net worth has been growing significantly in 2020-2021. A son of Korean immigrants, Dr. Richard Parkthe cofounder of CityMDgrew up in the New York borough of Queens. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment With over 150 locations across NY and NJ, well take care of you. Chris: Is there still room for independent practices to exist given the consolidation trend? Aftercare supports our brick-and-mortar services. He then taught in the Teach the Teacher fellowship program. We recommend you to check the complete list of Famous People born on 27 May. Richard Park, CEO | Something truly special is happening here. It takes time. About us Careers Legal Contact us. Providers. Dr. Park holds expertise in all facets of urgent care delivery and operation. As a child of struggling Asian immigrants, I understand the deeply rooted barriers to equal health services for immigrants and people of color. What should health care executives understand about the challenges of this community that many likely do not? Make it work here. Privacy Policy |No Surprises Act |Notice of Privacy Practices - NY & NJ |Non-discrimination Statement - NY & NJ | Summit Health Code of Conduct | Summit Health Compliance Manual | Notice of Right to Good Faith Estimate. They provide incredible access and care for their patients. He was born in 1970s, in Generation X. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. He is a member of famous Player with the age 45 years old group. Jobs at CityMD An excellent experience Medical Scribe (Former Employee) - Bronx, NY - December 12, 2022 An excellent experience for prospective healthcare students. . Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. NEW YORK Citing staffing issues amid a surge in demand, CityMD will temporarily close an additional seven locations in the city after originally closing 13 . Dr. Richard Park is the founder and former CEO of CityMD, the leading urgent care provider in the New York metro areas with over 120 sites. Rendr and Excelsior Agree to Form Leading Integrated Medical Group to Serve the Asian American Community in NYC, Empire BlueCross BlueShield and Crains New York Business Recognize Rendr CEO Dr. Richard Park as one of the Whole Health Heroes, New COVID Boosters: What to know about the bivalent vaccines. We do that by investing in the fundamentals and making our practices repeatable, scalable and predictable. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. Medstartr Momentum. NEW YORK, NY (May 6, 2021)The New York Academy of Medicine (NYAM) has announced the appointment of five new members to its Board of Trustees. With that being said, selfadvocacy is important. Every time a doctor joins us, we can improve their performance and deliver better patient care to this community. Dont wait for someone to solve your problems. Copyright 2021 Calex Partners, LLC. [1] [2] [3] The company operates more than 150 urgent care centers in New Jersey and New York. And how do you make that model easy for a patient to navigate? It takes self-responsibility and advocacy. Subscribe to our free mailing list for announcements, freebies and more! Richard Belzer died at his home in the south of France, but his reported last words proved he remained a quintessential New Yorker: "F*** you motherf***er." He was 78. 911. We did that by standardizing practices across 3,000 employees and 650 doctors. Dr. Park received a B.S. In 2017, Warburg Pincus acquired a majority stake in the company. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. Summit Spotlight with Carladenise Edwards, PhD, Health Evolution Responds to NIH Request for Information to Address Mental Health Disparities, Summit Spotlight with EmblemHealths Karen Ignagni, What to expect at the upcoming 2023 Health Evolution Summit, Bias in, bias out: Responsible use of data to advance innovation and equity, Innovations in Mental and Behavioral Health. Richard Park (born May 27, 1976) is famous for being hockey player. a digital health unicorn last valued at $4.6 billion. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. I. The bigger challenge for many providers is to replace Windows 95 on their computers. We dont have much information about Hes past relationship and any previous engaged. at the Brooklyn Unity Health and Resources Fair at Leif Ericson Park this Saturday (Sep 17) from 11AM to 3 PM. Ive spoken with many entrepreneurs and executives, some of whom have retired but are still open to hopping on a phone call. Walgreens' VillageMD inks $9B deal to buy Summit Health. We need to constantly remind ourselves of our responsibility to Serve Kindness, and rekindle the compassion and dedication that brought us into our field in the first place. We have to fix it. That is a hard find. What can health care leaders do now to address the problems plaguing Asian American communities? Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. The startups true innovation lies in its plan to make psychiatric services covered by insurance providers for consumers. How do we do that? To connect with Dr. Park, email him at rpark@citymd.net. contributor to these communities as we continue to provide high quality healthcare to all New Yorkers," says CEO Dr. Richard Park. Not in an arrogant way, but so they have a rightful place at the table. You make everyone better. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. Stability among its supply of psychiatrists is key here. Sign up to get the latest news from CityMD. Theyd want a corner office. As a physician educator, he served as Associate Program Director and was voted Teaching Attending of the Year by the residents from 2003, 2004, 2005 and 2006. Fl 15. We have estimated Richard Parks net worth, money, salary, income, and assets. I hadnt been, and, ultimately, the CityMD team took over my fathers care as they had a closer understanding of him as a patient than I did, even though I live with him and they had primarily managed his care over the phone. I left management and sit on the board. Jeffrey Le Benger, who was the CEO of Summit Medical Group, has been named CEO of the combined organization. Then, of course, there are those that form concierge practices that charge wealthier patients what basically amounts to as yearly retainer fees. We were punching above our weight class, but we knew urgent care was a hot industry. As a result, the psychiatrists that are in-network may be consumed with patients, and the ones at private practices could have a price of up to $300 per session. Rich: Im a voracious reader, and I compound that by meeting a lot of people. Under Dr. Parks leadership, CityMD grew successfully from a single-site startup medical office in 2010 to almost $500mm of revenues in 2019 through de novo site openings and medical practice acquisitions. Dr. Richard Park is a healthcare investor, entrepreneur, and board-certified emergency medicine physician. Dr. Richard Park is the founder and CEO of CityMD, a fast-growing chain of walk-in health clinics based in New York. It's time for your annual flu shot, and CityMD has you covered. Previously, Richard was the Chief Executive Officer & Co-Founde r at Ascend Partners and also held positions at Urgent Care Association, Rendr, Long Island Jewish Medical Center. is the founder and chief executive officer of CityMD, one of the largest and fastest growing urgent care providers in the country. https://fundrx.com. As an emergency medicine physician, I believe that no one should be discriminated against or face disadvantagesregardless of who they are, where they live, or how much money they make. So how do you take that approach to standardizing workflow, metrics and systems and bring it to the primary care world, particularly with Medicare and Medicaid patients? Because CityMD and Summit Health are a part of the same care team, youll get access to Summits full network of high quality primary care providers and specialists for all of your health care needs today, and for a lifetime. They mentioned that they had been tracking abnormal results for him for the past few visits, and asked if I had been aware of this. No items found. By not using a contractor model, Talkiatry will have more stability in its services but could struggle with scale. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. Rendr is about self-advocacy and its about creating the fundamental business to grow in a value-based world. Today he is behind a venture to provide medic. Not the Richard Park you were looking for? | By CityMD | Facebook Log In Forgot Account? [4] CityMD employs over 700 physicians and mid-level practitioners. At Rendr, were a little more thoughtful. So a patient can call, text, or email us, and then be supported by the physical clinics. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Search. Richard Park, M.D. These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. Were a new kind of network-driven venture capital firm focused exclusively on early-stage health and life sciences startups. Find a CityMD near you: Need a flu shot? He then worked as the Associate Program Director of the residency program in NS-LIJs emergency department and was awarded the Teaching Attending of the Year Award by his residents in 2003, 2004, 2005 and 2006. Richard L. "Dick" Duchossois, 95, Chairman of Arlington Park at Arlington Park on May 2, 2017. . Q & A with Dr. Richard Park, CEO, CityMD By FastCo Works New York City-based urgent-care clinic CityMD has grown from one to 55 locations in five years, and is on track to reach 71 by year's end. In 2019, he started a private equity firm of his own, Ascend Partners. He is currently single. Just over a decade ago, Richard Park, MD, started CityMD on the idea that there was a need for a better patient-provider experience in the urgent care space in New York City. CityMD - City Medical of Upper East Side. Richard Park, CEO of CityMD, joins Trevor and Steve on this episode to discuss how he provides immediate and affordable care to people of all ages and incomes. I envied that. CEO . Main Stage 1:15 PM - 2:00 PM Subscribe to our free mailing list for announcements, freebies and more! Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. Every culture has their own challenges, and they have enough challenges for themselves. Richard Park . The round, led by Left Lane Capital with participation from the founder and former CEO of CityMD, Dr. Richard Park, is an extension of Talkiatry's previously secured $5 million financing.. citymd.net; yahoo.com; bigplanet.com; hotmail.com; 5+ 516-993-XXXX; 516-815-XXXX; 516-458-XXXX; 516-484-XXXX; 212-772-XXXX; 212-772-XXXX; Network-Driven venture capital firm focused exclusively on early-stage health and Resources Fair at Leif Ericson Park this (., hedidnt sit back and take a victory lap above our Weight class, but we urgent. Culture has their own challenges, and then be supported by the physical.! At $ 4.6 billion you covered # x27 ; s time for annual. Can catch their fastball, especially in the New York life sciences startups here... 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