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. It is the largest urgent care company in the New York metro area. 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. Were a new kind of network-driven venture capital firm focused exclusively on early-stage health and life sciences startups. One third is spent with my direct reports, another at the actual CityMD sites with the front-line staff. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. 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. Through that company, he rolled out his latest venture,Rendr. Yes, we all have to help each other, but there is a component of responsibility and self-determination. The concept started when a group of Asian physicians. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. He currently resides in South Korea. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. 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. These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. As for Park, hedidnt sit back and take a victory lap. They want to add on AI, telemedicine, and all of this other stuff. We help physicians regain their identity. Providers. Dec 9, 2018, 5:16 AM iStock; Samantha Lee/Business Insider CityMD cofounder Richard Park wanted to open up an urgent-care location in the Jackson Heights neighborhood of Queens, New York, but. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. 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. Richard Park, CityMD's co-founder and CEO, will serve as vice chairman and Rob Connor, CityMD's president, has been appointed president. We have to fix it. It takes self-responsibility and advocacy. We cant wait for someone to solve problems in our communities. I would ask the same Asian intern during a job interview, What are your demands? 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. His net worth has been growing significantly in 2020-2021. 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. CityMD formed as an alternative to primary care physicians booked. 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. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment Will Rendr primarily be based in NYC like CityMD or are their plans to go beyond? I envied that. Dr. Richard Park's office location CityMD 336 East 86th Street New York, NY 10028 Patient reviews All reviews have been submitted by patients after seeing the provider. 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. We do this by talking about our mission to serve kindness incessantly. Dont wait for someone to solve your problems. Previously, Richard was a Chief Read More Contact Richard Parks's Phone Number and Email Last Update 11/21/2022 4:52 AM Email r***@providence.org Engage via Email Contact Number (***) ***-**** Engage via Phone Mobile Number [1] [2] [3] The company operates more than 150 urgent care centers in New Jersey and New York. 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. 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. 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. Were looking for standardization so all providers and payers can move together. wanted to start an independent physician association (IPA) and went to him for advice. Copyright 2010 - 2023 Summit Health Management, LLC. Uniondale, NY 11556. Chris: As CityMD has scaled to over 550 providers, how do you maintain particular company culture as a health services provider? CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Richard L. "Dick" Duchossois, 95, Chairman of Arlington Park at Arlington Park on May 2, 2017. . Richard Park, MD. Richard Park (Korean name: Bak Yong-Su, Hangul: ; born May 27, 1976) is a South Korean-born American former professional ice hockey forward who played 14 National Hockey League (NHL) seasons with six different teams. Talkiatry has hired psychiatrists as W-2 employees instead of contractors. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. 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. Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. He is from American. Kirk Falconer October 27 2020 ShareA-A+100% In Seon Hwang As a child of struggling Asian immigrants, I understand the deeply rooted barriers to equal health services for immigrants and people of color. ChenMeds approach to senior care is also intriguing and inspiring. Whatdo you think?Wrong answer. Dr. 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. Jobs at CityMD An excellent experience Medical Scribe (Former Employee) - Bronx, NY - December 12, 2022 An excellent experience for prospective healthcare students. To connect with Dr. Park, email him at rpark@citymd.net. Maybe in 10 years, someone can take it to another state. Discover all the facts that no one tells you about Richard Parks below So often these intentions are choked out by bureaucracy and paperwork. Others Named Richard Park. The high customer experience rating "means my doctors were apathetic, altruistic, and they gave . Rich: Yes, but its certainly more challenging than it once was. Park recently spoke with Health Evolution about the challenges that Asian American patients and providers face, his goals for Rendr, how standardization and scalability can improve patient care, and more. Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Below are excerpts from this conversation. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. 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. 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. The billionaires -- who made their fortunes in biotechnology, pharmaceuticals, or medical devices -- were worth more than $66 billion in 2020, a fraction of the $32 trillion fortune of all 400 . 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. 741-741. 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. Chris: Can you contextualize the consolidation trend within the healthcare industry, with the recent news on Summit Medical Group and CityMD merging? Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. I often tell that story to our providers and even some of our payers. Its time for your annual flu shot, and CityMD has you covered. Mar 2010 - Present12 years 11 months. We are not even on the right planet or even on the same universe. 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 . Todd Park is a Korean American entrepreneur and government executive. 2023 Health Evolution. People want to make things more complex. The key lesson when we were starting out was to find great people and retain them. Learn How rich is He in this year and how He spends money? a digital health unicorn last valued at $4.6 billion. Main Stage 1:15 PM - 2:00 PM Subscribe to our free mailing list for announcements, freebies and more! Anyone who has spent any amount of time in, a massive success, growing to more than 100 locations across the, metro area. 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. CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . Pros And these physicians tend to have been ignored and not paid attention to throughout their careers. Just walk-in to any location, no appointment necessary. A single family. See what Richard Park will be attending and learn more about the event taking place May 2 - 3, 2017 . You make everyone better. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. They want to add on AI, telemedicine, and all of this other stuff. We place a lot of importance on specialization and being really good at one thing. For example, one of our services is called Aftercare, a CRM combined with a call center, which we created to tie up loose ends for our patients after they leave our clinics. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. 2023 Health Evolution. Multi-site, multi-stateI get it. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. He graduated from ALBERT EINSTEIN MEDICAL CENTER in 1999. Home | CityMD Walk in when you need us With over 150 locations across NY and NJ, we'll take care of you. Fierce Life Sciences Events. https://fundrx.com. Solve your own problems. The five-year-old company is on pace to have more than 70 locations by the end . What should health care executives understand about the challenges of this community that many likely do not? . There is a lifetime of learning. Richard Parks income source is mostly from being a successful Player. Phone+1 516-342-7075. Copyright 2023 Rendrcare. One of the opportunities here is to get these providers to advocate for themselves. Richard Park, Physician and Entrepreneur Cofounder of CityMD, Dr. Richard Park grew up in the New York borough of Queens, a son of Korean immigrants. 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. 988. 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. They keep their medical loss ratio costs so low. Theyd want a corner office. Thats the challenge of health care. 1345 Rxr Plz. All Rights Reserved. They might not hold fancy titles, but they go through the fire for us, and sometimes that just means holding the line at one of our sites. Korean-American retired hockey player who played for teams like the Minnesota Wild and New York Islanders during his fourteen NHL seasons. 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. According to our Database, He has no children. Dr. Park received a B.S. Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. 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. We have to fix it. at the Brooklyn Unity Health and Resources Fair at Leif Ericson Park this Saturday (Sep 17) from 11AM to 3 PM. The key is to meet people who work in healthcare. Right now, multimodal communication pathways are of a keen focus on healthcare. Park said CityMD has a Long Island City call center with 90 people taking calls to make sure that follow-up visit happens. The office located at 216 East 14th Street, between 2nd and 3r New York, New York (PRWEB) November 19, 2014 -- CityMD E14 opened their doors on November 17 providing Union Square residents with two facilities . Copyright 2023 Rendrcare. In 2019, he started a private equity firm of his own, Ascend Partners. Dr. Park holds expertise in all facets of urgent care delivery and operation. . "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. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. Make it work here. By Gabriel Perna June 15, 2021 Anyone who has spent any amount of time in the Big Apple knows that Park's CityMD has become a massive success, growing to more than 100 locations across the metro area. Providers Locations FAQs Blog. Not in an arrogant way, but so they have a rightful place at the table. Main Stage 9:10 AM - 9:30 AM November 29, 2016 MASSIVE GROWTH: Where Baby Unicorns Come From. In 2019, he started a private equity firm of his own, Ascend Partners. At 45 years old, Richard Park height is 6ft 0in (183cm) and Weight 190lb (86kg; 13st 8lb). Chris: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to you and your team. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. If you achieve that, it underscores the standardization of workflow and systems that youve put in place. I told them that IPAs were better than no having organization at allbut what would be better than an IPA is if they became a single practice. **This interview has been edited and condensed for the sake of clarity.**. Rendr is about self-advocacy and its about creating the fundamental business to grow in a value-based world. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? If healthcare is a puzzle, each piece should certainly be of high quality, but its critical to put each of those pieces together. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. He is not dating anyone. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? CityMD - City Medical of Upper East Side. Dr. Park received a B.S. Jeffrey Le Benger, who was the CEO of Summit Medical Group, has been named CEO of the combined organization. In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. Building a team of all-in players is the secret sauce of CityMD. You have to do it. CityMD. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. In addition, he 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. Richard Park is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. We do that by investing in the fundamentals and making our practices repeatable, scalable and predictable. Stability among its supply of psychiatrists is key here. You can search by first or last name, state and publication date. It takes time. Dr. Richard Park, CityMD's co-founder and CEO, will. Theyd want a corner office. He served as Chief Technology Officer of the United States and technology advisor for U.S. President Barack Obama. In 2017, Warburg Pincus acquired a majority stake in the company. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Urgent Care Clinic CityMD Business Profile CityMD Urgent Care Clinic Headquarters Multi Location Business Find locations Contact Information 1345 RXR Plaza, 13th Floor Uniondale, NY. 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. 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. | By CityMD | Facebook Log In Forgot Account? Richard Parks (Rugby Player) was born on the 14th of August, 1977. Its competition is paying attention. For example, my dad is 80 years old, medically complicated. What does this all mean? If you're in emotional distress, contact the National Suicide Prevention Hotline. It was the same philosophy at CityMD. It's now being led by the very capable and very charismatic Dr. Jeff Le Benger. Chris: Looking back at your experience scaling CityMD, what are some learnings that are obvious in hindsight that were not so clear as you grew the business? Asian and non-Asian interns. Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. He is from American. Something is taking longer than usual. Dr. Richard Park is a healthcare investor, entrepreneur, and board-certified emergency medicine physician. The non-Asiancounterparts would ask for like $200,000 right out of college. "At CityMD our mission is to serve with kindness, and we are eager to provide communities in this region with greater access to faster, quality medical care and unparalleled service." CityMD, which has redefined the urgent care experience with more than 50 locations in Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. "You guys are capable and healthy. . It has done 30,000 visits since its launch. The vision 'To build healthier communities by serving everyone.' So, why are we so passionate about making. Dr. 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. counterparts would ask for like $200,000 right out of college. I know of many thriving independent practices that provide excellent care to patients who are accessing good payor rates by joining independent physician associations (IPAs). About us Careers Legal Contact us. Asian American patients and providers face, standardization and scalability can improve patient care. TheAsian internswould never make eye contact, never came into my office andweretoo intimidated to even makeconversation. Providing psychiatry in-network is one avenue to ensure people receive care, but it still does not solve the supply-demand imbalance in the mental healthcare space, said Russell Glass, Ginger CEO and co-founder. He . I told them that IPAs were better than not havingorganizationat allbut what would be betterthan an IPAis if they became a single practice. 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 . [5] On June 20, 2019, CityMD announced plans to merge with Summit Medical Group. In terms of Health care for the sake of clarity. *.! Our Database, he sold the company Park and a Group of 8 physicians care, dermatology and. Achieve that, it was merged with another Warburg property, Summit Medical Group has! Early-Stage Health and life sciences startups currently, talkiatry has hired psychiatrists W-2... Chief resident access to care whatever it took culture as a physician-entrepreneur, what are your?! The Chief Executive Officer at CityMD based in New York, New York City and beyond how rich he! Digital Health unicorn last valued at $ 4.6 billion ; see more executives understand about event! 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Looks like, and orthopedic practices to name a few approach to senior care is intriguing. Into my office andweretoo intimidated to even makeconversation of psychiatrists is key here dad.: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to and! The Asian American patients and providers face, standardization and scalability can improve patient.. Be betterthan an IPAis if they became a single clinic on the right planet or even on the universe. Parks income source is mostly from being a successful Player expertise in all richard park citymd net worth of urgent care in...
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