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. Because CityMD and Summit Health are a part of the same care team, youll get access to Summits full network of high quality primary care providers and specialists for all of your health care needs today, and for a lifetime. People want to make things more complex. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . You make everyone better. 1345 Rxr Plz. 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 healthcare investor, entrepreneur, and board-certified emergency medicine physician. Dr. Park lives on Long Island with his wife and 2 children. Aftercare supports our brick-and-mortar services. We help treat a range of symptoms and urgent care needs. What does this all mean? 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. Fierce Biotech. 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). Dr. Park holds expertise in all facets of urgent care delivery and operation. Its a methodology and a mindset. The primary care group is an opportunity for the entrepreneur togive back to the Asian American communities within the city. Theyd want a corner office. Early life and education. Learn more What we treat. 2023 Health Evolution. It takes time. . Let's find out! According to our Database, He has no children. He is board-certified in emergency medicine. 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. A son of Korean immigrants, Dr. Richard Parkthe cofounder of CityMDgrew up in the New York borough of Queens. Focused on driving awareness, adoption, partnerships, and investments in . They want to add on AI, telemedicine, and all of this other stuff. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. Arlington Park President Richard . Dr. 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. How do we do that? The non-Asiancounterparts would ask for like $200,000 right out of college. 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. I envied that. As of 2022, Richard Park's net worth is $100,000 - $1M. We help physicians regain their identity. Short term, we dont have a budget. And these physicians tend to have been ignored and not paid attention to throughout their careers. Dr. Park received a B.S. Rich: Physicians went into the practice of medicine to help others. Text HOME to the Crisis Text Line and connect to a counselor immediately. His office accepts new patients. Summit Medical and CareMount are examples. Alignment is really important, Park said. wanted to start an independent physician association (IPA) and went to him for advice. Dr. Richard Park, CityMD's co-founder and CEO, will. He then taught in the Teach the Teacher fellowship program. Copyright 2023 Rendrcare. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. New York, NY . If you're in emotional distress, contact the National Suicide Prevention Hotline. 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. Chris: Is there still room for independent practices to exist given the consolidation trend? Rendr is an expression of that. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. Attacks on Asian Americans spiked during the pandemic. [7] They also paid New York state another $883,000 to settle false claims allegations.[8]. Richard Park Height, Weight & Measurements. 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. In 2019, he started a private equity firm of his own, Ascend Partners. "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 Richard Park, MD. The biggest challenge is finding leadership to get doctors to work together. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. A short-term goal is rendering world-class care for hardworking immigrants. Doctors resist standardization. New York, NY (PRWEB) December 21, 2013 On December 20th, CityMD celebrated the Grand Opening of its new 4,500 square foot state-of-the-art urgent care facility right in the heart of Astoria, Quee . We recommend you to check the complete list of Famous People born on 27 May. . 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? 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. . New York, New York (PRWEB) November 19, 2014 CityMD has officially opened their second brand new urgent care office in Union Square. 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. Dr. Richard Park, MD is an Emergency Medicine Specialist in Uniondale, NY and has over 24 years of experience in the medical field. Loved my job as a scribe. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . I often tell that story to our providers and even some of our payers. Through the pandemic, Summit CityMD continues "to have [an] 89 Net Promoter Score," Le Benger says. Park recently spoke with Health Evolution about the challenges. 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. Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. 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; You have this dedicated group of providers who have worked seven days per week for decades. 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. 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. Lets do it ourselves. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. 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. Richard Park, MD, FACEP, Chief Executive Officer, Rendr; Co-Founder and Managing Partner, Ascend Partners; Founder, CityMD Dr. Richard Park is a healthcare investor, entrepreneur, and board-certified emergency medicine physician. 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 988. his net worth was estimated to be at least $63.8 million.) CITYMD has 39 locations in the five boroughs. [4] CityMD employs over 700 physicians and mid-level practitioners. Call us any time at 530.MED.STAR I would ask the sameAsian internduring a job interview, What are your demands? See what Richard Park will be attending and learn more about the event taking place May 2 - 3, 2017 . Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. So a patient can call, text, or email us, and then be supported by the physical clinics. 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. Alignment is really important, Park said. Lets do it ourselves. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. We cant wait for someone to solve problems in our communities. According to our Database, He has no children. is the founder and chief executive officer of CityMD, one of the largest and fastest growing urgent care providers in the country. All Rights Reserved. Sign up to get the latest news from CityMD. 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. Right now, multimodal communication pathways are of a keen focus on healthcare. Rich: Im a voracious reader, and I compound that by meeting a lot of people. Korean-American retired hockey player who played for teams like the Minnesota Wild and New York Islanders during his fourteen NHL seasons. Rich: Yes, but its certainly more challenging than it once was. 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. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? Phone+1 516-342-7075. As for Park, hedidnt sit back and take a victory lap. Our goal this year is to get to 4.5 quality stars across all our payers. He is currently single. One of the opportunities here is to get these providers to advocate for themselves. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. Asian American patients and providers face, standardization and scalability can improve patient care. How do you get doctors to standardize? What are yourrequirements? Theyd often say something to the effect of, Whatever you want. Were looking for standardization so all providers and payers can move together. 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 . All Rights Reserved. Ive spoken with many entrepreneurs and executives, some of whom have retired but are still open to hopping on a phone call. 911. Standardization works. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. Fl 15. Chris: In your mind, what does a 10-star medical clinic visit look like? Its necessary, but for them, its painful and they resist. 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 key is to meet people who work in healthcare. Richard Park started his career as an emergency room doctor. Buck Ennis. 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 is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. 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. Richard Park (born May 27, 1976) is famous for being hockey player. 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.. . 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. In 2017, he sold the company for $600 million. We are not even on the right planet or even on the same universe. 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. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? 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. Providers. "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. 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. 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. All of this hinges on the idea that urgent care centers . Instead, we pour billions into things that add more weight on the top of the health system without reinforcing the bottom. Rich: I try to split my days into thirds. Mar 2010 - Present12 years 11 months. Learn How rich is He in this year and how He spends money? 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. It doesnt have to do with technology tools. Stability among its supply of psychiatrists is key here. Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 patients. 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. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. 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. It is the largest urgent care company in the New York metro area. Medstartr Momentum. Theyd want a corner office. Richard Parks income source is mostly from being a successful Player. 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. Talkiatry has hired psychiatrists as W-2 employees instead of contractors. 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. a private equity firm, Warburg Pincus. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. 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. Aug. 13, 2019, 04:45 PM. Copyright 2021 Calex Partners, LLC. 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. 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. 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. That check was led by Sikwoo Capital Partners with participation from Relevance Ventures and Park. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. We believe systems work. The primary care group is an opportunity for the entrepreneur to give back to the Asian American communities within the city. Find contact details for 700 million professionals. 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 CityMD and Summit Medical Group (a premier independent multispecialty practice) recently announced their merger. Dr. Park is the author and co-editor-in-chief of McGraw-Hills Intensive Review of Emergency Medicine. The bigger challenge for many providers is to replace Windows 95 on their computers. Theres so much to do. Not the Richard Park you were looking for? He said his competitors have also focused more on lessening the out-of-pocket costs instead of avoiding them altogether. 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. Dr. Park received a B.S. They provide incredible access and care for their patients. There will be a health workshop, performances, and giveaways. Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. Sign in with Google I do not have a Google account 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. He is a co-editor of McGraw Hills Intensive Review of Emergency Medicine. Main Stage 1:15 PM - 2:00 PM Subscribe to our free mailing list for announcements, freebies and more! Timezone . Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. You can search by first or last name, state and publication date. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. Richard Park, MD. One of the opportunities here is to get these providers to advocate for themselves. 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). Every time a doctor joins us, we can improve their performance and deliver better patient care to this community. Richard Park Hockey Player #123615. Jeffrey Le Benger, who was the CEO of Summit Medical Group, has been named CEO of the combined organization. Discover all the facts that no one tells you about Richard Parks below He was born in 1970s, in Generation X. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. 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. Providers Locations FAQs Blog. Stay curious! The bigger challenge for many providers is to replace Windows 95 on their computers. 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. Keep open-minded and really keep your ears open. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. Fax+1 516-342-7076. and more. But healthcare suffers from being too fragmented. **This interview has been edited and condensed for the sake of clarity.**. 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. I told them that IPAs were better than not havingorganizationat allbut what would be betterthan an IPAis if they became a single practice. Aftercare supports our site physicians by providing a safety net to perform anything and everything 7 days a week in real-time support. Chief Executive Officer at Rendr . 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 . Prior to founding CityMD in 2010, he was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. 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. Something is taking longer than usual. Payers. Dont wait for someone to solve your problems. 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. And given our merger with Summit Medical Group, patients will now be able to receive quality, convenient care in virtually every sub-specialty. So, how much is Richard Park worth at the age of 45 years old? Solve your own problems. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. We are vertical integrators, and we concentrate on specific geographies so that we can better meet the needs of our patients. Often times, non-Asian internswould kind of justbargein my door and say, Hey Rich.They were very comfortable and very casual. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. 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. At Rendr, were a little more thoughtful. Since CityMD merged with Summit Medical Group in August 2019, Dr. Park has been serving as Vice-Chairman of the combined entity. 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. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. 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. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. The five-year-old company is on pace to have more than 70 locations by the end . 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. Through that company, he rolled out his latest venture, Rendr. That is a hard find. Every culture has their own challenges, and they have enough challenges for themselves. So often these intentions are choked out by bureaucracy and paperwork. Today he is behind a venture to provide medic. Multi-site, multi-stateI get it. And also to decrease the frustrations of our practice by supporting them with scribes and. Jobs at CityMD An excellent experience Medical Scribe (Former Employee) - Bronx, NY - December 12, 2022 An excellent experience for prospective healthcare students. 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. 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. 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. Rich: A lot of healthcare solutions are segmented, like, for example, telemedicine or revenue cycle management. 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. 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.