There is a lifetime of learning. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment Lets focus on getting better here. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. 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. The key lesson when we were starting out was to find great people and retain them. Theyd want a corner office. Richard Park Net Worth His net worth has been growing significantly in 2020-2021. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. New York, New York (PRWEB) November 19, 2014 CityMD has officially opened their second brand new urgent care office in Union Square. Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. When I was the CEO of CityMD, we had Asian and non-Asian interns. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. Dr. Park received a B.S. Uniondale, NY 11556. 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. These networks arent particularly widespread. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. Alignment is really important, Park said. 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. All Rights Reserved. Below are excerpts from this conversation. Discover all the facts that no one tells you about Richard Parks below Just walk-in to any location, no appointment necessary. Whatdo you think?Wrong answer. How do you get doctors to standardize? Prior to founding CityMD in 2010, he was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. 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. The concept started when a group of Asian physicians. The Dignity Memorial online obituary search tool gives you access to obituaries from thousands of locations across North America. If youre not standardized, you cant scale. 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. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Discover Richard Parks Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. 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. Not the Richard Park you were looking for? It is the largest urgent care company in the New York metro area. We recommend you to check the complete list of Famous People born on 27 May. Fax+1 516-342-7076. In 2019, he started a private equity firm of his own, Ascend Partners. Let's find out! We help treat a range of symptoms and urgent care needs. Learn How rich is He in this year and how He spends money? 741-741. 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. Dr. Richard Park is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. Each culture has to put their part in for the greater good. 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. In 2017, Warburg Pincus acquired a majority stake in the company. 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. Main Stage 1:15 PM - 2:00 PM Subscribe to our free mailing list for announcements, freebies and more! Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. [4] CityMD employs over 700 physicians and mid-level practitioners. CITYMD has 39 locations in the five boroughs. Richard Park started his career as an emergency room doctor. Dr. Park lives on Long Island with his wife and 2 children. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. 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. When I was the CEO ofCityMD,we hadAsian and non-Asian interns. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. 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.. 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. Alginet (Valencia, Valencian Community, Spain) with population statistics, charts, map, location, weather and web information. We do that by investing in the fundamentals and making our practices repeatable, scalable and predictable. 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. 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. 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. His office accepts new patients. For example, my dad is 80 years old, medically complicated. I often tell that story to our providers and even some of our payers. At CityMD, we punched way above our weight class. [1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. TheAsian internswould never make eye contact, never came into my office andweretoo intimidated to even makeconversation. 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. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. Alignment is really important, Park said. Talkiatry has partnered with a number of insurance providers including United Healthcare, Aetna, BlueCross BlueShield and more. The non-Asian counterparts would ask for like $200,000 right out of college. 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. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. 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 . They provide incredible access and care for their patients. Chris: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to you and your team. There will be a health workshop, performances, and giveaways. And these physicians tend to have been ignored and not paid attention to throughout their careers. 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. Richard Park Height, Weight & Measurements. 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 received a B.S. Richard received a medical degree degree from The Albert Einstein College of Medicine. A single family. Anyone who has spent any amount of time in the Big Apple knows that Parks CityMD has become a massive success, growing to more than 100 locations across the metro area. I. The round, led by Left Lane Capital with participation from the founder and former CEO of CityMD, Dr. Richard Park, is an extension of Talkiatrys previously secured $5 million financing. We cant wait for someone to solve problems in our communities. 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. 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. 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. 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. Theyd want a corner office. With over 150 locations across NY and NJ, well take care of you. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. 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. Subscribe to our free mailing list for announcements, freebies and more! 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. Rendr is an expression of that. A wide range of evolving and emerging issues that are shaping the future of health care. The non-Asiancounterparts would ask for like $200,000 right out of college. 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. Every culture has their own challenges, and they have enough challenges for themselves. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. You have to do it. These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. As of 2022, Richard Park's net worth is $100,000 - $1M. . 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). The high customer experience rating "means my doctors were apathetic, altruistic, and they gave . Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Instead, we pour billions into things that add more weight on the top of the health system without reinforcing the bottom. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. What does this all mean? "You guys are capable and healthy. Aftercare supports our site physicians by providing a safety net to perform anything and everything 7 days a week in real-time support. Richard Park of CityMD. Building a team of all-in players is the secret sauce of CityMD. his net worth was estimated to be at least $63.8 million.) Office. What are yourrequirements? Theyd often say something to the effect of, Whatever you want. Ascend Partners, led by ex-Warburg healthcare head, unveils $300m fund Ascend was founded in 2019 by In Seon Hwang, formerly global head of healthcare at Warburg Pincus, and Richard Park, ex-CEO of Warburg portfolio company CityMD. 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. At 45 years old, Richard Park height is 6ft 0in (183cm) and Weight 190lb (86kg; 13st 8lb). All Rights Reserved. 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. Through that company, he rolled out his latest venture,Rendr. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. Subsequently, we hope these interviews spur further thought and potential innovation and action in the areas discussed. Show A Healthy Dose, Ep Richard Park - Feb 7, 2019 Richard Park, MD. At Rendr, were a little more thoughtful. Park recently spoke with Health Evolution about the challenges. ? Theyd often say something to the effect of, . Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. Asian and non-Asian interns. Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. Not the Richard Park you were looking for? All of this hinges on the idea that urgent care centers . Richard Park (born May 27, 1976) is famous for being hockey player. Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. By not using a contractor model, Talkiatry will have more stability in its services but could struggle with scale. at the Brooklyn Unity Health and Resources Fair at Leif Ericson Park this Saturday (Sep 17) from 11AM to 3 PM. CityMD formed as an alternative to primary care physicians booked. Its a methodology and a mindset. Fierce Pharma. Rich: Physicians went into the practice of medicine to help others. 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. As for Park, hedidnt sit back and take a victory lap. didnt sit back and take a victory lap. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. He currently resides in South Korea. I would ask the same Asian intern during a job interview, What are your demands? 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. Below are excerpts from this conversation. Rich: Im a voracious reader, and I compound that by meeting a lot of people. UPDATED 8:19 PM ET Dec. 28, 2021. He graduated from ALBERT EINSTEIN MEDICAL CENTER in 1999. We help treat a range of symptoms and urgent care needs. Attacks on Asian Americans spiked during the pandemic. Not in an arrogant way, but so they have a rightful place at the table. The IPO story is fantastic. 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. 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. I envied that. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. Our goal this year is to get to 4.5 quality stars across all our payers. Dr. Park holds expertise in all facets of urgent care delivery and operation. They keep their medical loss ratio costs so low. Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. Richard Park, M.D. 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 . CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . See what Richard Park will be attending and learn more about the event taking place May 2 - 3, 2017 . He was born in 1970s, in Generation X. Richard Park, CEO | Something truly special is happening here. Buck Ennis. 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. Its competition is paying attention. With that being said, selfadvocacy is important. We have to fix it. The biggest challenge is finding leadership to get doctors to work together. According to our Database, He has no children. 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). 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. And one time he had some abnormal lab results for his kidneys, and I got a call from our partners who manage our lab work. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. 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. 911. Richard Park is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. I often tell that story to our providers and even some of our payers. 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. Through the pandemic, Summit CityMD continues "to have [an] 89 Net Promoter Score," Le Benger says. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. Focused on driving awareness, adoption, partnerships, and investments in . He was . 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. 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. Ive spoken with many entrepreneurs and executives, some of whom have retired but are still open to hopping on a phone call. [5] On June 20, 2019, CityMD announced plans to merge with Summit Medical Group. counterparts would ask for like $200,000 right out of college. "You're at Stuyvesant," Dr. Richard Park ('90), Chief Executive Officer (CEO) at CityMD and Emergency Medicine physician, said. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. It's time for your annual flu shot, and CityMD has you covered. Unity and alignment from our providers and payers on very clear metrics and goals. 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. a private equity firm, Warburg Pincus. Stay curious! Yes, we all have to help each other, but there is a component of responsibility and self-determination. Dr. 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. 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. It doesnt have to do with technology tools. ChenMeds approach to senior care is also intriguing and inspiring. And how do you make that model easy for a patient to navigate? And this is the story of CityMD. Were a new kind of network-driven venture capital firm focused exclusively on early-stage health and life sciences startups. 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. CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. https://fundrx.com. 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. Chris: Is there still room for independent practices to exist given the consolidation trend? 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. Through that company, he rolled out his latest venture,Rendr. Pros Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. Counties in 2016," said Dr. Richard Park, CEO of CityMD. Its New . We have estimated Richard Parks net worth, money, salary, income, and assets. 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. Fl 15. His net worth has been growing significantly in 2020-2021. 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. . We did that by standardizing practices across 3,000 employees and 650 doctors. Theres so much to do. About us Careers Legal Contact us. 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). 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. 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. As for Park, he didnt sit back and take a victory lap. It takes time. He is a member of famous Player with the age 45 years old group. On this Wikipedia the language links are at the top of the page across from the article title. contributor to these communities as we continue to provide high quality healthcare to all New Yorkers," says CEO Dr. Richard Park. Early life and education. All Rights Reserved. Welcome to FundRx Venture Partner Perspectives, where a FundRx team member conducts a brief interview with a FundRx Venture Partner, with the aim being to share the knowledge and opinions of a diverse array of healthcare clinical and industry experts. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. 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. Standardization works. 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