Something is taking longer than usual. 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. Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 patients. By not using a contractor model, Talkiatry will have more stability in its services but could struggle with scale. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. All Rights Reserved. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. But from the beginning, we tried to place everyone where they would be most impactful. "You're at Stuyvesant," Dr. Richard Park ('90), Chief Executive Officer (CEO) at CityMD and Emergency Medicine physician, said. Patients who are on Medicare and Medicaid in ethnic communities are serviced by cabals of ethnic physicians for obvious reasons, such as language. CEO . 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. Multi-site, multi-stateI get it. CityMD formed as an alternative to primary care physicians booked. Thats the challenge of health care. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. 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; People want to make things more complex. Chris: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to you and your team. In 2010, as CEO he founded and led CityMD, an urgent care practice with over 150 locations in the Greater New York area, which expanded to over 200 locations in 2019 after merging with Summit Medical Group. We cant wait for someone to solve problems in our communities. 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. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. Maybe in 10 years, someone can take it to another state. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. Early life and education. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment Summit Medical and CareMount are examples. Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. Dr. Richard Park is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. Dr. Jeffrey Le Benger, who was at the helm of Summit Medical Group, will serve as chief executive officer of the combined organization. Copyright 2023 Rendrcare. It takes self-responsibility and advocacy. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. 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. His net worth has been growing significantly in 2020-2021. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. At CityMD, we punched way above our weight class. The startups true innovation lies in its plan to make psychiatric services covered by insurance providers for consumers. Often times, non-Asian interns would kind of just barge in my door and say, Hey Rich. 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. He is co-founder of Ascend Capital Partners, a middle market growth private equity fund investing in healthcare service providers. Asian and non-Asian interns. 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. All Rights Reserved. So often these intentions are choked out by bureaucracy and paperwork. 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. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. top quality medical care have made CityMD the best place in New York City for urgent care. The bigger challenge for many providers is to replace Windows 95 on their computers. On this Wikipedia the language links are at the top of the page across from the article title. All of this hinges on the idea that urgent care centers . and more. Let's find out! As of 2022, Richard Park's net worth is $100,000 - $1M. Richard Park Net Worth His net worth has been growing significantly in 2020-2021. Rich: I try to split my days into thirds. Standardization works. contributor to these communities as we continue to provide high quality healthcare to all New Yorkers," says CEO Dr. Richard Park. 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. 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 . What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? With that being said, selfadvocacy is important. Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. The bigger challenge for many providers is to replace Windows 95 on their computers. It has done 30,000 visits since its launch. It's now being led by the very capable and very charismatic Dr. Jeff Le Benger. The concept started when a group of Asian physicians. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. One of the opportunities here is to get these providers to advocate for themselves. Rich: A lot of healthcare solutions are segmented, like, for example, telemedicine or revenue cycle management. Were looking for standardization so all providers and payers can move together. I. You make everyone better. His office accepts new patients. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. 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. New York, NY . See more providers. Richard Park started his career as an emergency room doctor. Dont wait for someone to solve your problems. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. Richard L. "Dick" Duchossois, 95, Chairman of Arlington Park at Arlington Park on May 2, 2017. . What should health care executives understand about the challenges of this community that many likely do not? It is very rewarding especially if everyone works as a team and gets along well. Cofounder of CityMD Dr. Richard Park Provides Care to Asian Immigrants. 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. Often times, non-Asian internswould kind of justbargein my door and say, Hey Rich.They were very comfortable and very casual. 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 . Focused on driving awareness, adoption, partnerships, and investments in . 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. 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 a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? Through that company, he rolled out his latest venture,Rendr. A single family. Theyd want a corner office. 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. Chris: Is there still room for independent practices to exist given the consolidation trend? Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. or email us at events@medstartr.com, 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. Everyone has their own problems. Its New . Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. 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. When I was the CEO ofCityMD,we hadAsian and non-Asian interns. 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. A wide range of evolving and emerging issues that are shaping the future of health care. 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. What are yourrequirements? Theyd often say something to the effect of, Whatever you want. Stability among its supply of psychiatrists is key here. Our goal is to make world class care for working class immigrants here in New York. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. I told them that IPAs were better than not havingorganizationat allbut what would be betterthan an IPAis if they became a single practice. 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. 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. 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. If you achieve that, it underscores the standardization of workflow and systems that youve put in place. Through that company, he rolled out his latest venture, Rendr. didnt sit back and take a victory lap. Also learn how He earned most of networth at the age of 44 years old? But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. I envied that. Payers. You have this dedicated group of providers who have worked seven days per week for decades. 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. Unity and alignment from our providers and payers on very clear metrics and goals. Phone+1 516-342-7075. . 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. Sign in with Google I do not have a Google account What are your requirements? Theyd often say something to the effect of, Whatever you want. 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. Richard Park, MD. 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. 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. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. Dr. Park is the founder and former CEO of CityMD, a leading urgent care company that has treated over 4 million patients through its 120+ locations in New York and New Jersey. counterparts would ask for like $200,000 right out of college. 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 . 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 . 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. 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.. 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 . 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. 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. 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. Solve your own problems. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. Prior to founding CityMD in 2010, he was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. I left management and sit on the board. Providers Locations FAQs Blog. [4] CityMD employs over 700 physicians and mid-level practitioners. To connect with Dr. Park, email him at rpark@citymd.net. CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . How do we do that? Richard Parks income source is mostly from being a successful Player. 1345 Rxr Plz. We dont have much information about Hes past relationship and any previous engaged. . Sign up to get the latest news from CityMD. He served as Chief Technology Officer of the United States and technology advisor for U.S. President Barack Obama. Fierce Healthcare. We have to fix it. "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 Below are excerpts from this conversation. A son of Korean immigrants, Dr. Richard Parkthe cofounder of CityMDgrew up in the New York borough of Queens. is the founder and chief executive officer of CityMD, one of the largest and fastest growing urgent care providers in the country. With over 150 locations across NY and NJ, well take care of you. We do this by talking about our mission to serve kindness incessantly. Its competition is paying attention. Subscribe to our free mailing list for announcements, freebies and more! It's time for your annual flu shot, and CityMD has you covered. Dr. Park lives on Long Island with his wife and two children. What can health care leaders do now to address the problems plaguing Asian American communities? Lets do it ourselves. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. 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. 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. Theres so much to do. We help treat a range of symptoms and urgent care needs. [6], It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. Often times, n. They were very comfortable and very casual. Instead, we pour billions into things that add more weight on the top of the health system without reinforcing the bottom. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Keep open-minded and really keep your ears open. 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. His birth sign is Leo and his life path number is 1. 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. Alignment is really important, Park said. 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. Take it to another state my door and say, Hey Rich.They were very comfortable and very charismatic Jeff... Our free mailing list for announcements, freebies and more is to make world class care for the Asian communities... Do you think most recently, it was merged with another Warburg property, Summit group! 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