Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 patients. or email us at [email protected], 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. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? 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. You can search by first or last name, state and publication date. 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. 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. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. 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 are not even on the right planet or even on the same universe. But what they did with my dad, and patients similar to him is actually flip that modality so that the call center is the brains of the operation, and the brick-and-mortar services operate in a supporting role. Richard Park Net Worth His net worth has been growing significantly in 2020-2021. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. I hadnt been, and, ultimately, the CityMD team took over my fathers care as they had a closer understanding of him as a patient than I did, even though I live with him and they had primarily managed his care over the phone. I envied that. Richard Park was born on 27 May, 1976 in American, is an American ice hockey player. I would ask the same Asian intern during a job interview, What are your demands? 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. Whatdo you think?Wrong answer. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. ? Theyd often say something to the effect of, . 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. 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 more. Get 5 free searches. And there are many innovative primary care offerings, as well as integrated delivery networks (e.g. Focused on driving awareness, adoption, partnerships, and investments in . Subscribe to our free mailing list for announcements, freebies and more! 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. Richard received a medical degree degree from The Albert Einstein College of Medicine. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. It has done 30,000 visits since its launch. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Richard Park, M.D. . "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. 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. 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. In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. You have this dedicated group of providers who have worked seven days per week for decades. Not in an arrogant way, but so they have a rightful place at the table. 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. Find contact details for 700 million professionals. At CityMD, we punched way above our weight class. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. It doesnt have to do with technology tools. It takes time. Richard Park (born May 27, 1976) is famous for being hockey player. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. He was . Dr. Richard Park, MD is an Emergency Medicine Specialist in Uniondale, NY and has over 24 years of experience in the medical field. Todd Park is a Korean American entrepreneur and government executive. 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. Rendris in 34 locations with 80 providers serving nearly 100,000 patients. | By CityMD | Facebook Log In Forgot Account? It is the largest urgent care company in the New York metro area. 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. ChenMeds approach to senior care is also intriguing and inspiring. 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. 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. I envied that. The startups true innovation lies in its plan to make psychiatric services covered by insurance providers for consumers. One of the opportunities here is to get these providers to advocate for themselves. His net worth has been growing significantly in 2020-2021. We believe systems work. Chris: Can you contextualize the consolidation trend within the healthcare industry, with the recent news on Summit Medical Group and CityMD merging? Its necessary, but for them, its painful and they resist. a digital health unicorn last valued at $4.6 billion. They want to add on AI, telemedicine, and all of this other stuff. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment Dr. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. The primary care group is an opportunity for the entrepreneur togive back to the Asian American communities within the city. Rendr is an expression of that. What are your requirements? Theyd often say something to the effect of, Whatever you want. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. A son of Korean immigrants, Dr. Richard Parkthe cofounder of CityMDgrew up in the New York borough of Queens. On this Wikipedia the language links are at the top of the page across from the article title. You have this dedicated group of providers who have worked seven days per week for decades. Its competition is paying attention. 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. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. The biggest challenge is finding leadership to get doctors to work together. I told them that IPAs were better than not. Once you find the obituary you are looking for, you can get important information about upcoming services, share a favorite photo or memory, and . He was born in 1970s, in Generation X. Timezone . Stability among its supply of psychiatrists is key here. Theres so much to do. What the issue comes to next is are they really, really solving the problem, or are they working around it?. 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. As a result, the psychiatrists that are in-network may be consumed with patients, and the ones at private practices could have a price of up to $300 per session. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. Chris: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to you and your team. Rendr is about self-advocacy and its about creating the fundamental business to grow in a value-based world. The key is to meet people who work in healthcare. To connect with Dr. Park, email him at [email protected]. Our goal this year is to get to 4.5 quality stars across all our payers. Rendris about self-advocacy and its about creating the fundamental business to grow in a value-based world. 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. Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. Korean-American retired hockey player who played for teams like the Minnesota Wild and New York Islanders during his fourteen NHL seasons. No items found. Unity and alignment from our providers and payers on very clear metrics and goals. There will be a health workshop, performances, and giveaways. 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). We place a lot of importance on specialization and being really good at one thing. Keep open-minded and really keep your ears open. Then, of course, there are those that form concierge practices that charge wealthier patients what basically amounts to as yearly retainer fees. It was the same philosophy at CityMD. Urgent Care in New York, City MD can help you avoid waiting for hours in an emergency room or for a scheduled . Yes, we all have to help each other, but there is a component of responsibility and self-determination. 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. 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. Asian American patients and providers face, standardization and scalability can improve patient care. What can health care leaders do now to address the problems plaguing Asian American communities? 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 non-Asiancounterparts would ask for like $200,000 right out of college. Pros DETAILS BELOW. We remind physicians of their identity and calling, and then we equip them to do so. I left management and sit on the board. Text HOME to the Crisis Text Line and connect to a counselor immediately. He . So a patient can call, text, or email us, and then be supported by the physical clinics. 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. If you're in emotional distress, contact the National Suicide Prevention Hotline. 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. Since CityMD merged with Summit Medical Group in August 2019, Dr. Park has been serving as Vice-Chairman of the combined entity. a private equity firm, Warburg Pincus. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. 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? 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 They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. Lets do it ourselves. [7] They also paid New York state another $883,000 to settle false claims allegations.[8]. At Rendr, were a little more thoughtful. We did that by standardizing practices across 3,000 employees and 650 doctors. 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. Phone+1 516-342-7075. 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. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. 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. It is very rewarding especially if everyone works as a team and gets along well. We have to fix it. When I was the CEO of CityMD, we had Asian and non-Asian interns. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. 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. Uniondale, NY 11556. His office accepts new patients. These networks arent particularly widespread. 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. So, how much is Richard Park worth at the age of 45 years old? If someone was sick or needed time off, another team member would step up and sacrifice their own time and well-being to look out for their colleagues. We recommend you to check the complete list of Famous People born on 27 May. Fax+1 516-342-7076. So how do you take that approach to standardizing workflow, metrics and systems and bring it to the primary care world, particularly with Medicare and Medicaid patients? 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 . It takes self-responsibility and advocacy. We cant wait for someone to solve problems in our communities. We have estimated Richard Parks net worth, money, salary, income, and assets. 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. Something is taking longer than usual. 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. Richard Park's income source is mostly from being a successful Player. 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; According to our Database, He has no children. 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. Of Queens in 2010, Dr. Park has been serving as Vice-Chairman of the combined entity with 80 providers nearly! 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