Get 5 free searches. Dr. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Aftercare supports our site physicians by providing a safety net to perform anything and everything 7 days a week in real-time support. About us Careers Legal Contact us. or email us at events@medstartr.com, Provider Momentum: Richard Park of CityMD, MASSIVE GROWTH: Where Baby Unicorns Come From, Healthcare Innovation Rule # 8: Passion is Not Enough, Healthcare Innovation Rule # 9: Do One Thing Well, 10 Rules for Driving Innovation in Healthcare Rule # 10 Be in the right place. Copyright 2023 Rendrcare. Its necessary, but for them, its painful and they resist. And this is the story of CityMD. Dr. Park lives on Long Island with his wife and 2 children. Richard Park . Chris: As CityMD has scaled to over 550 providers, how do you maintain particular company culture as a health services provider? Chris: Given CityMD disrupted the patients traditional view of primary care, it would be great to get your view on where else on the provider side this might be happening. While Ginger, a well-capitalized growth stage company, and Lyra Health, a digital health unicorn last valued at $4.6 billion, have recently made waves in the behavioral health space, Talkiatry is confident that it can break into the sector, which continues to attract record amounts of venture capital from investors. Its New . contributor to these communities as we continue to provide high quality healthcare to all New Yorkers," says CEO Dr. Richard Park. If these 80 providers across 18 separate providers could find it in themselves to submit to one other and become a single family that would allow for greater standardization and complete alignment. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. Kirk Falconer October 27 2020 ShareA-A+100% In Seon Hwang In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. In 2019, he started a private equity firm of his own, Ascend Partners. NEW YORK and BERKELEY HEIGHTS, N.J., Aug. 13, 2019 /PRNewswire/ -- CityMD, the leading urgent care provider in the New York metro area, and Summit Medical Group, one of . He explained how Gingers product being on-demand and virtual helps it address the growing shortage of mental health providers, which will be a hurdle that Talkiatry will need to address, too. CityMD. 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. Focused on driving awareness, adoption, partnerships, and investments in . Theyd want a corner office. We did that by standardizing practices across 3,000 employees and 650 doctors. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. [4] CityMD employs over 700 physicians and mid-level practitioners. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. Summit Medical and CareMount are examples. There will be a health workshop, performances, and giveaways. We excelled in getting patients in the door at CityMD because we got 650 physicians to focus on net promoter scores and decreased wait time. Dr. Park is a board certified emergency medicine physician with deep healthcare operating experience, and is a successful serial entrepreneur and investor who has worked with companies from conceptualization through execution and multiple exits. Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. The five-year-old company is on pace to have more than 70 locations by the end . Not in an arrogant way, but so they have a rightful place at the table. We are not even on the right planet or even on the same universe. Richard Parks (Rugby Player) was born on the 14th of August, 1977. 988. Rich: Yes, but its certainly more challenging than it once was. As a physician educator, he served as Associate Program Director and was voted Teaching Attending of the Year by the residents in 2003, 2004, 2005 and 2006. Richard Park started his career as an emergency room doctor. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. It takes self-responsibility and advocacy. Talkiatry has partnered with a number of insurance providers including United Healthcare, Aetna, BlueCross BlueShield and more. He graduated from ALBERT EINSTEIN MEDICAL CENTER in 1999. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. As for Park, he didnt sit back and take a victory lap. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. New York, NY (PRWEB) December 21, 2013 On December 20th, CityMD celebrated the Grand Opening of its new 4,500 square foot state-of-the-art urgent care facility right in the heart of Astoria, Quee . CITYMD has 39 locations in the five boroughs. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. I would ask the sameAsian internduring a job interview, What are your demands? Through that company, he rolled out his latest venture,Rendr. Subsequently, we hope these interviews spur further thought and potential innovation and action in the areas discussed. Below are excerpts from this conversation. And there are many innovative primary care offerings, as well as integrated delivery networks (e.g. Something is taking longer than usual. There is a lifetime of learning. Sign in with Google I do not have a Google account Asian American patients and providers face, standardization and scalability can improve patient care. And thats why density matters; were a logistics company and have a clinic within 15 minutes of nearly every person in the New York Metropolitan Area. Unity and alignment from our providers and payers on very clear metrics and goals. In 2017, he sold the company for $600 million. Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. One of the opportunities here is to get these providers to advocate for themselves. . Providers. 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 . New York, NY . He is board-certified in emergency medicine. 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. What do you think? Wrong answer. Is this information wrong? Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. This world needs basic systems that allow them to repeatedly scale with predictable results. Chris: Any particular resources that informed your entrepreneurial journey, or that you use to keep up on the trends in the market and industry? 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. But healthcare suffers from being too fragmented. Were a new kind of network-driven venture capital firm focused exclusively on early-stage health and life sciences startups. 741-741. The new Trustees hold leadership roles across health systems, healthcare business and academic medicine: Martine Ferland, President and Chief Executive Officer, MercerJulia Iyasere, MD, MBA, Executive Director, the Dalio Center for Health Justice, NewYork-PresbyterianJennifer H. Mieres, MD, FACC, MASNC, FAHA, Senior Vice President, Center for Equity of Care and Chief Diversity and Inclusion Officer, Northwell Health; Professor of Cardiology, Occupational Medicine, Epidemiology & Prevention and Associate Dean of Faculty Affairs, Donald and Barbara Zucker School of Medicine at Hofstra/NorthwellPhilip O. Ozuah, MD, PhD, President and Chief Executive Officer, Montefiore MedicineRichard Park, MD, FACEP, Chief Executive Officer, Rendr; Co-Founder and Managing Partner, Ascend Partners; Founder, CityMD. Plus, in order to expand into new markets, Talkiatry has to go through the arduous legal process of local licensing requirements, instead of just going to a white-label solution that helps staff similar companies while offloading individual practitioner certification. The other thing is that any provider, not just Asian providers but any provider, caring for Medicare/Medicaid patients tend to be underinvested, under-standardized and under-powered to take on the needs of government-powered coordinated care. Sure, some platforms are offered as an added benefit in addition to a health insurance plan, but may have additional restrictions, i.e., a patient may get access to the platform but still pay a monthly fee to get service. Dr. Jeffrey Le Benger, who was at the helm of Summit Medical Group, will serve as chief executive officer of the combined organization. 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. Rendr is an expression of that. We help treat a range of symptoms and urgent care needs. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. We recognized that, as the company evolved, our roles might change, and the c-suite might look different as more experienced professionals were brought in. 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. 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. 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. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? I. Talkiatry announced today that it has raised a $20 million Series A to scale a strategy simple in theory yet potentially challenging in execution: bring psychiatry services in-network with insurance providers. Loved my job as a scribe. How do you get doctors to standardize? 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. With that being said, selfadvocacy is important. Not the Richard Park you were looking for? Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 patients. "CityMD shakes up New York's health care industry", "Guilt Is the Most Effective Medicine in This Relatable New York Clinic Ad", "Private-equity firm Warburg Pincus to acquire CityMD", "CityMD and Summit Medical Group Announce Plans to Merge to Deliver an Unparalleled Patient Care Experience", "CityMD ponies up $6.6M for submitting false claims to Medicare", "CityMD Pays $883K to Settle NY False Claims Allegations", https://en.wikipedia.org/w/index.php?title=CityMD&oldid=1136356892, Medical and health organizations based in New York City, Pages containing links to subscription-only content, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 29 January 2023, at 23:32. Copyright 2023 Rendrcare. Rich: Physicians went into the practice of medicine to help others. The primary care group is an opportunity for the entrepreneur togive back to the Asian American communities within the city. Dr. Aldad founded Mindful Care (Chicago Booth MBA '17) in 2018, and placed first in the Polsky Center for Entrepreneurship and Innovation's Global New Venture Challenge . 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. What does this all mean? at the Brooklyn Unity Health and Resources Fair at Leif Ericson Park this Saturday (Sep 17) from 11AM to 3 PM. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. 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. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. It takes self-responsibility and advocacy. It doesnt have to do with technology tools. A short-term goal is rendering world-class care for hardworking immigrants. [1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. 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 . The company employs an ongoing care model in which it takes a consumer in through a virtual survey, matches them with a psychiatrist based on their needs, and then follows the consumer through the care process from diagnosing symptoms to the actual prescription of medicine. In 2019, he started a private equity firm of his own, Ascend Partners. https://fundrx.com. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. Doctors resist standardization. Richard Park, CityMD's co-founder and CEO, will serve as vice chairman and Rob Connor, CityMD's president, has been appointed president. Chief Executive Officer at Rendr . CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. New York, New York (PRWEB) November 19, 2014 CityMD has officially opened their second brand new urgent care office in Union Square. We cant wait for someone to solve problems in our communities. Park said CityMD has a Long Island City call center with 90 people taking calls to make sure that follow-up visit happens. And instead of coming upstairs to ask me about his prescriptions, hell go to CityMD and get some lab work, or X-rays, or an EKG done. 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. Find a CityMD near you: Need a flu shot? Providers Locations FAQs Blog. They want to add on AI, telemedicine, and all of this other stuff. If you achieve that, it underscores the standardization of workflow and systems that youve put in place. The high customer experience rating "means my doctors were apathetic, altruistic, and they gave . We recommend you to check the complete list of Famous People born on 27 May. Richard Park Hockey Player #123615. Rich Park, Chairman & CEO Executive Leadership Dr. Nedal Shami, President Will Nestor, COO & CAO David Shih, CMO Claudia Honan, CLO Munish Khaneja, CSO Rob Cho, Chief Financial Officer and SVP of Finance Leadership & Management Scott Farnsworth, CMIO Mohamed Humaidi, SVP Data & Analytics Kristie Bailey, SVP of VBP Contracting and Strategy Talkiatry has hired psychiatrists as W-2 employees instead of contractors. I envied that. primary care offered alongside other sub-specialties), which Im a big believer in. Will Rendr primarily be based in NYC like CityMD or are their plans to go beyond? The concept started when a group of Asian physicians in NYC wanted to start an independent physician association (IPA) and went to him for advice. People want to make things more complex. Overall rating 4.56 Wait time 4.44 Bedside manner 4.47 Your trust is our top concern, so providers can't pay to alter or remove reviews. . It is the largest urgent care company in the New York metro area. Richard Park is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. [5] On June 20, 2019, CityMD announced plans to merge with Summit Medical Group. Copyright 2010 - 2023 Summit Health Management, LLC. Dr. Park lives on Long Island with his wife and two children. He is co-founder of Ascend Capital Partners, a middle market growth private equity fund investing in healthcare service providers. Short term, we dont have a budget. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. SBJ's Founders have invested more than $500 million into more than 35 companies including Armor Express, Troy Lee Designs, Swensons Drive-In Restaurants, Jefferson Dental, Peet's Coffee & Tea, and. Privacy Policy Terms of Use Media Guidelines, Accelerating the Transformation of Health Care, The Premier Convening of Health Care CEOs, Value-Based Care For Specialized Populations, Innovations in Mental And Behavioral Health, Innovations In Mental And Behavioral Health. In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. So often these intentions are choked out by bureaucracy and paperwork. Richard Park (born May 27, 1976) is famous for being hockey player. We are vertical integrators, and we concentrate on specific geographies so that we can better meet the needs of our patients. Richard Park, MD. Learn How rich is He in this year and how He spends money? As for Park, hedidnt sit back and take a victory lap. We place a lot of importance on specialization and being really good at one thing. To connect with Dr. Park, email him at rpark@citymd.net. Richard Parks income source is mostly from being a successful Player. Urgent Care in New York, City MD can help you avoid waiting for hours in an emergency room or for a scheduled . He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. If you're in emotional distress, contact the National Suicide Prevention Hotline. In 2010, as CEO he founded and led CityMD, an urgent care practice with over 150 locations in the Greater New York area, which expanded to over 200 locations in 2019 after merging with Summit Medical Group. As of 2022, Richard Park's net worth is $100,000 - $1M. Alignment is really important, Park said. He is from American. **This interview has been edited and condensed for the sake of clarity.**. Anyone who has spent any amount of time inthe Big Appleknows that ParksCityMDhas becomea massive success, growing to more than 100 locations across themetro area. Were looking for standardization so all providers and payers can move together. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. Theyd want a corner office. All Rights Reserved. Richard Park Height, Weight & Measurements. The key lesson when we were starting out was to find great people and retain them. Text HOME to the Crisis Text Line and connect to a counselor immediately. Thats the challenge of health care. If healthcare is a puzzle, each piece should certainly be of high quality, but its critical to put each of those pieces together. 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.. The key is to meet people who work in healthcare. Jeffrey Le Benger, who was the CEO of Summit Medical Group, has been named CEO of the combined organization. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. [6], It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. What the issue comes to next is are they really, really solving the problem, or are they working around it?. Fl 15. We help treat a range of symptoms and urgent care needs. Phone+1 516-342-7075. So the Summit-CityMD deal makes sense because it enables us to take patients through more of their healthcare journey, from their first walk-in visit to complicated cancer care. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. The IPO story is fantastic. Dr. Park holds expertise in all facets of urgent care delivery and operation. Sign up to get the latest news from CityMD. Through that company, he rolled out his latest venture,Rendr. On this Wikipedia the language links are at the top of the page across from the article title. 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. Aug. 13, 2019, 04:45 PM. Alginet (Valencia, Valencian Community, Spain) with population statistics, charts, map, location, weather and web information. Richard received a medical degree degree from The Albert Einstein College of Medicine. Since CityMD merged with Summit Medical Group in August 2019, Dr. Park has been serving as Vice-Chairman of the combined entity. 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. Particularly those of us who went into primary care and/or emergency medicine. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. In 2019, he started a private equity firm of his own, Ascend Partners. Under his 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. Park is the author and co-editor-in-chief of McGraw-Hills Intensive Review of Emergency Medicine. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. Anyone who has spent any amount of time in, a massive success, growing to more than 100 locations across the, metro area. We believe systems work. Dr. Park received a B.S. 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. And Kelsey-Seybold Clinic is a highly-regarded multispecialty group and has worked within an HMO model for decades with great success, taking the full risk with a lot of patients. Once you find the obituary you are looking for, you can get important information about upcoming services, share a favorite photo or memory, and . Co-Founder Ascend Partners Oct 2019 - Present3 years 5 months Greater New York City Area Ascend Partners is a healthcare focused private equity partnership co-founded by In Seon Hwang, former. So, how much is Richard Park worth at the age of 45 years old? Call us any time at 530.MED.STAR Standardization works. The non-Asian counterparts would ask for like $200,000 right out of college. Show A Healthy Dose, Ep Richard Park - Feb 7, 2019 Not the Richard Park you were looking for? Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . People want to make things more complex. Instead of opening clinics all across the US, we believe its more effective to have, say, 200 clinics operating within one particular geography, and to build upon the services offered at each site. Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. He served as Chief Technology Officer of the United States and technology advisor for U.S. President Barack Obama. At CityMD, we punched way above our weight class. Building a team of all-in players is the secret sauce of CityMD. UPDATED 8:19 PM ET Dec. 28, 2021. They want to add on AI, telemedicine, and all of this other stuff. Dr. Richard Park is a healthcare investor, entrepreneur, and board-certified emergency medicine physician. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. Fax+1 516-342-7076. 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. Uniondale, NY 11556. Each culture has to put their part in for the greater good. In 2017, Warburg Pincus acquired a majority stake in the company. CityMD - City Medical of Upper East Side. When I was the CEO of CityMD, we had Asian and non-Asian interns. We help physicians regain their identity. All Rights Reserved. I told them that IPAs were better than not havingorganizationat allbut what would be betterthan an IPAis if they became a single practice. . Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. 911. Loved taking care of the patients. Home | CityMD Walk in when you need us With over 150 locations across NY and NJ, we'll take care of you. It was the same philosophy at CityMD. Everyone has their own problems. Alignment is really important, Park said. 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. 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