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. One of the opportunities here is to get these providers to advocate for themselves. Richard Park started his career as an emergency room doctor. Talkiatry has hired psychiatrists as W-2 employees instead of contractors. counterparts would ask for like $200,000 right out of college. 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. Stay curious! Richard Park Hockey Player #123615. We cant wait for someone to solve problems in our communities. Sign in with Google I do not have a Google account Doctors resist standardization. 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. The concept started when a group of Asian physicians. Learn more What we treat. Its time for your annual flu shot, and CityMD has you covered. A wide range of evolving and emerging issues that are shaping the future of health care. The bigger challenge for many providers is to replace Windows 95 on their computers. These networks arent particularly widespread. Find contact details for 700 million professionals. This world needs basic systems that allow them to repeatedly scale with predictable results. 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. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. His net worth has been growing significantly in 2020-2021. Yes, we all have to help each other, but there is a component of responsibility and self-determination. One of the opportunities here is to get these providers to advocate for themselves. We do this by talking about our mission to serve kindness incessantly. Fierce Life Sciences Events. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. 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. I often tell that story to our providers and even some of our payers. 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. 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. I would ask the same Asian intern during a job interview, What are your demands? Rendr is about self-advocacy and its about creating the fundamental business to grow in a value-based world. They want to add on AI, telemedicine, and all of this other stuff. I envied that. In 2017, Warburg Pincus acquired a majority stake in the company. His birth sign is Leo and his life path number is 1. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. Through that company, he rolled out his latest venture,Rendr. [6], It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. 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. A short-term goal is rendering world-class care for hardworking immigrants. His unparalleled education combined with his vision for delivering highly accessible, top-quality medical care has made CityMD the top urgent care in the NY metro area. Through that company, he rolled out his latest venture, Rendr. 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. 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. 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. Building a team of all-in players is the secret sauce of CityMD. The vision 'To build healthier communities by serving everyone.' So, why are we so passionate about making. Will Rendr primarily be based in NYC like CityMD or are their plans to go beyond? While that does increase access to mental health, we think that that necessarily doesnt give the most amount of access to solve a real problem, which is that psychiatrists are not accessible, he said. Find contact details for 700 million professionals. The Asian interns would never make eye contact, never came into my office and were too intimidated to even make conversation. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. 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. 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. 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. [4] CityMD employs over 700 physicians and mid-level practitioners. Its a methodology and a mindset. Copyright 2021 Calex Partners, LLC. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Discover all the facts that no one tells you about Richard Parks below Korean-American retired hockey player who played for teams like the Minnesota Wild and New York Islanders during his fourteen NHL seasons. We are vertical integrators, and we concentrate on specific geographies so that we can better meet the needs of our patients. Copyright 2023 Rendrcare. Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. Chris: Can you contextualize the consolidation trend within the healthcare industry, with the recent news on Summit Medical Group and CityMD merging? We recommend you to check the complete list of Famous People born on 27 May. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? I would ask the sameAsian internduring a job interview, What are your demands? Richard Park Net Worth His net worth has been growing significantly in 2020-2021. So, how much is Richard Park worth at the age of 45 years old? You have this dedicated group of providers who have worked seven days per week for decades. Counties in 2016," said Dr. Richard Park, CEO of CityMD. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. [5] On June 20, 2019, CityMD announced plans to merge with Summit Medical Group. But healthcare suffers from being too fragmented. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. Richard Parks (Rugby Player) was born on the 14th of August, 1977. Chris: Is there still room for independent practices to exist given the consolidation trend? He is board-certified in emergency medicine. CITYMD has 39 locations in the five boroughs. Ive spoken with many entrepreneurs and executives, some of whom have retired but are still open to hopping on a phone call. He is not dating anyone. Just walk-in to any location, no appointment necessary. But from the beginning, we tried to place everyone where they would be most impactful. Home | CityMD Walk in when you need us With over 150 locations across NY and NJ, we'll take care of you. Discover Richard Parks Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. He is from American. Others may only be allowed a certain number of visits and some may only be available if your employer decides to offer it in addition, he said. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. It doesnt have to do with technology tools. 1345 Rxr Plz. The non-Asiancounterparts would ask for like $200,000 right out of college. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. A son of Korean immigrants, Dr. Richard Parkthe cofounder of CityMDgrew up in the New York borough of Queens. We help treat a range of symptoms and urgent care needs. New York, NY . Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. The concept started when a group of Asian physiciansin NYCwanted to start an independent physician association (IPA) and went to him for advice. 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. Chris: Any particular resources that informed your entrepreneurial journey, or that you use to keep up on the trends in the market and industry? He was born in 1970s, in Generation X. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. Fierce Healthcare. For example, Ginger has made more efforts to bring in-network mental health solutions to users, recently partnering with AmeriHealth Caritas District of Columbia and Cigna. . 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.. They provide incredible access and care for their patients. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. 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. We have to fix it. You can search by first or last name, state and publication date. 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. Maybe in 10 years, someone can take it to another state. I am honored to join NYAM in the hope of working with industry leaders to increase opportunities for everyone to live their healthiest life, Dr. Park said. Often times, n. They were very comfortable and very casual. 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. They are supposed to have all this sophistication in managing government-payer patients, but the truth is a lot of them still have Windows 95 in their offices. 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. Park recently spoke with Health Evolution about the challengesthatAsian American patients and providers face,his goals forRendr,howstandardization and scalability can improve patient care,and more. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. He lives with me, and when I occasionally take an extra day to prescribe him his medications, he gets impatient. 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. Dont wait for someone to solve your problems. Founder and former CEO, CityMD. With that being said, selfadvocacy is important. So, how much is Richard Park worth at the age of 45 years old? 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. 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. Fierce Pharma. 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. He was . 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. 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. didnt sit back and take a victory lap. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. With over 150 locations across NY and NJ, well take care of you. [1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. 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 is a co-editor of McGraw Hills Intensive Review of Emergency Medicine. Richard Park, M.D. If you achieve that, it underscores the standardization of workflow and systems that youve put in place. What kinds of goals do you have for Rendr? 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? It's now being led by the very capable and very charismatic Dr. Jeff Le Benger. Richard Park's income source is mostly from being a successful Player. Attacks on Asian Americans spiked during the pandemic. Our goal is to make world class care for working class immigrants here in New York. Dr. Richard Park, MD is an Emergency Medicine Specialist in Uniondale, NY and has over 24 years of experience in the medical field. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? 2023 Health Evolution. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 patients. While companies like Cerebral, Headway and Uplit have similarly gone in-network, the co-founder argues that it has the least restrictive relationship with providers, meaning that consumers wont have to pay out of pocket for anything outside of the typical copay. [7] They also paid New York state another $883,000 to settle false claims allegations.[8]. Health Tech. Sign up to get the latest news from CityMD. Chris: As CityMD has scaled to over 550 providers, how do you maintain particular company culture as a health services provider? 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. People want to make things more complex. Asian and non-Asian interns. That is a hard find. Today he is behind a new venture to. What are yourrequirements? Theyd often say something to the effect of, Whatever you want. At 45 years old, Richard Park height is 6ft 0in (183cm) and Weight 190lb (86kg; 13st 8lb). Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. All Rights Reserved. Co-founded by Robert Krayn and Dr. Georgia Gaveras, Talkiatry is a digital health startup that helps consumers access in-network appointments with psychiatrists for therapy and medicine management. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. Text HOME to the Crisis Text Line and connect to a counselor immediately. The non-Asian counterparts would ask for like $200,000 right out of college. Medstartr Momentum. Search. As of 2022, Richard Park's net worth is $100,000 - $1M. Every culture has their own challenges, and they have enough challenges for themselves. Copyright 2010 - 2023 Summit Health Management, LLC. Not in an arrogant way, but so they have a rightful place at the table. What should health care executives understand about the challenges of this community that many likely do not? Rich: Im a voracious reader, and I compound that by meeting a lot of people. Park said CityMD has a Long Island City call center with 90 people taking calls to make sure that follow-up visit happens. Jobs at CityMD An excellent experience Medical Scribe (Former Employee) - Bronx, NY - December 12, 2022 An excellent experience for prospective healthcare students. Payers. Rendris about self-advocacy and its about creating the fundamental business to grow in a value-based world. I think payer and government partners in general, at least on the East Coast, have not found a provider system that can scale that way because of under-invested infrastructure. Through that company, he rolled out his latest venture,Rendr. Mar 2010 - Present12 years 11 months. . What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? Everyone has their own problems. So how do you combine this telemedicine experience with a brick-and-mortar experience? Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. 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 . Below are excerpts from this conversation. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. 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. Not the Richard Park you were looking for? https://fundrx.com. The key lesson when we were starting out was to find great people and retain them. Below are excerpts from this conversation. Theyd want a corner office. It has done 30,000 visits since its launch. Not in an arrogant way, but so they have a rightful place at the table. Then, of course, there are those that form concierge practices that charge wealthier patients what basically amounts to as yearly retainer fees. He graduated from ALBERT EINSTEIN MEDICAL CENTER in 1999. 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; What do you think? Wrong answer. 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: 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. Finance. In 2017, he sold the company for $600 million. He is currently single. At Rendr, were a little more thoughtful. I told them that IPAs were better than not havingorganizationat allbut what would be betterthan an IPAis if they became a single practice. CityMD - City Medical of Upper East Side. We cant wait for someone to solve problems in our communities. We did that by standardizing practices across 3,000 employees and 650 doctors. primary care offered alongside other sub-specialties), which Im a big believer in. Instead, we pour billions into things that add more weight on the top of the health system without reinforcing the bottom. Park recently spoke with Health Evolution about the challenges. Solve your own problems. These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. 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. Buck Ennis. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. You have to do it. He will lead a fireside chat with founders Danish Munir (GenoaTelepsych, which sold to UnitedHealth) and Dr. Richard Park (CityMD, the leading urgent care provider in New York). Right now, multimodal communication pathways are of a keen focus on healthcare. According to our Database, He has no children. Providers. Each culture has to put their part in for the greater good. Short term, we dont have a budget. Richard Park Height, Weight & Measurements. And there are many innovative primary care offerings, as well as integrated delivery networks (e.g. Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. The biggest challenge is finding leadership to get doctors to work together. Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. top quality medical care have made CityMD the best place in New York City for urgent care. 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. No items found. The high customer experience rating "means my doctors were apathetic, altruistic, and they gave . And this is the story of CityMD. A singlefamily. 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. Dr. Park lives on Long Island with his wife and 2 children. Todd Park is a Korean American entrepreneur and government executive. Its competition is paying attention. When I was the CEO ofCityMD,we hadAsian and non-Asian interns. Krayn explained how startups have turned to hiring therapists and nurse practitioners as replacements for psychiatrists, which he thinks decreases the clinical quality of care (the difference between a therapist and psychiatrist is that the latter can prescribe medication). For example, my dad is 80 years old, medically complicated. We place a lot of importance on specialization and being really good at one thing. 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. Not the Richard Park you were looking for? It takes self-responsibility and advocacy. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. Fax+1 516-342-7076. Providers Locations FAQs Blog. So a patient can call, text, or email us, and then be supported by the physical clinics. A single family. 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. Early life and education. They keep their medical loss ratio costs so low. DETAILS BELOW. Today he is behind a venture to provide medic. They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. 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. 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 . Richard Park, MD. Dr. Park lives on Long Island with his wife and two children. Loved taking care of the patients. His office accepts new patients. Below are excerpts from this conversation. 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. They keep their medical loss ratio costs so low. his net worth was estimated to be at least $63.8 million.) Dr. Richard Park is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. 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. 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. 988. Standardization works. 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. Many plans today dont cover mental health services beyond a certain point and at the same time, many high-quality psychiatrists dont participate in private insurance plans because of minimal reimbursement and paperwork nightmares. TheAsian internswould never make eye contact, never came into my office andweretoo intimidated to even makeconversation. Walgreens' VillageMD inks $9B deal to buy Summit Health. He is from American. **This interview has been edited and condensed for the sake of clarity.**. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. CityMD. It takes self-responsibility and advocacy. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. Something is taking longer than usual. They want to add on AI, telemedicine, and all of this other stuff. And these physicians tend to have been ignored and not paid attention to throughout their careers. Richard Park is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Dr. Park received a B.S. He is a member of famous Player with the age 45 years old group. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. a private equity firm, Warburg Pincus. 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. Keep open-minded and really keep your ears open. You make everyone better. 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Managing Partner and Co-Founder of Ascend Partners and publication date to serve consumers in value-based... Was 100 months old as CityMD has scaled to over 550 providers, how much Richard... One thing counselor immediately the biggest challenge is finding leadership to get doctors work... An arrogant way, but there is a Managing Partner and Co-Founder of Ascend Partners 33 as and... Review for emergency Medicine in the Long Island Jewish Medical Centers residency program, where served! Prior to founding CityMD in 2010 by dr. Rich Park and a group providers! Of 45 years old, Richard Park worth at the age of 45 years old with every specialty, CityMD. Believer in terms of Health care for working class immigrants here in New York and! Incredible access and care for working class immigrants here in New York attention to throughout their careers Le Benger a... An attending Physician in the Long Island City call Center with 90 people taking calls to make that... 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