richard park citymd net worth

A son of Korean immigrants, Dr. Richard Parkthe cofounder of CityMDgrew up in the New York borough of Queens. Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Richard Parks (Rugby Player) was born on the 14th of August, 1977. Not the Richard Park you were looking for? When I was the CEO of CityMD, we had Asian and non-Asian interns. Through that company, he rolled out his latest venture,Rendr. 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. New York, NY . Office. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. 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; is the founder and chief executive officer of CityMD, one of the largest and fastest growing urgent care providers in the country. They keep their medical loss ratio costs so low. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. a digital health unicorn last valued at $4.6 billion. Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. Fierce Healthcare. What kinds of goals do you have for Rendr? Whatdo you think?Wrong answer. The five-year-old company is on pace to have more than 70 locations by the end . The primary care group is an opportunity for the entrepreneur to give back to the Asian American communities within the city. Anyone who has spent any amount of time in, a massive success, growing to more than 100 locations across the, metro area. The key lesson when we were starting out was to find great people and retain them. DETAILS BELOW. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. CITYMD has 39 locations in the five boroughs. We help treat a range of symptoms and urgent care needs. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. Fierce Life Sciences Events. Rich: Physicians went into the practice of medicine to help others. 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. 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. Chris: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to you and your team. Rich: Im a voracious reader, and I compound that by meeting a lot of people. Talkiatry has partnered with a number of insurance providers including United Healthcare, Aetna, BlueCross BlueShield and more. This world needs basic systems that allow them to repeatedly scale with predictable results. Providers Locations FAQs Blog. Arlington Park President Richard . Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. 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. Rich: We have to integrate the best of all worlds, make healthcare go from Blockbuster to Netflix. Previously, Richard was the Chief Executive Officer & Co-Founde r at Ascend Partners and also held positions at Urgent Care Association, Rendr, Long Island Jewish Medical Center. You make everyone better. Learn more What we treat. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? In 2019, he started a private equity firm of his own, Ascend Partners. We recommend you to check the complete list of Famous People born on 27 May. CityMD and Summit Medical Group (a premier independent multispecialty practice) recently announced their merger. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. Thats the challenge of health care. 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. top quality medical care have made CityMD the best place in New York City for urgent care. Just walk-in to any location, no appointment necessary. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. 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. Copyright 2023 Rendrcare. His office accepts new patients. 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). https://fundrx.com. Dr. Park lives on Long Island with his wife and 2 children. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. You have this dedicated group of providers who have worked seven days per week for decades. With that being said, selfadvocacy is important. Subsequently, we hope these interviews spur further thought and potential innovation and action in the areas discussed. 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. For example, my dad is 80 years old, medically complicated. There is a lifetime of learning. They want to add on AI, telemedicine, and all of this other stuff. Uniondale, NY 11556. I told them that IPAs were better than not havingorganizationat allbut what would be betterthan an IPAis if they became a single practice. We are not even on the right planet or even on the same universe. 741-741. 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. 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. [4] CityMD employs over 700 physicians and mid-level practitioners. Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. What the issue comes to next is are they really, really solving the problem, or are they working around it?. And there are many innovative primary care offerings, as well as integrated delivery networks (e.g. It is the largest urgent care company in the New York metro area. "You're at Stuyvesant," Dr. Richard Park ('90), Chief Executive Officer (CEO) at CityMD and Emergency Medicine physician, said. 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 . Fierce Biotech. 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. . Fl 15. Alignment is really important, Park said. . He is from American. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. 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. Summit Medical and CareMount are examples. 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 . Sign in with Google I do not have a Google account And given our merger with Summit Medical Group, patients will now be able to receive quality, convenient care in virtually every sub-specialty. Not in an arrogant way, but so they have a rightful place at the table. The bigger challenge for many providers is to replace Windows 95 on their computers. 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. 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. Every culture has their own challenges, and they have enough challenges for themselves. But healthcare suffers from being too fragmented. 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 Buck Ennis. 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. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. 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. But from the beginning, we tried to place everyone where they would be most impactful. All of this hinges on the idea that urgent care centers . We help treat a range of symptoms and urgent care needs. Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. So, how much is Richard Park worth at the age of 45 years old? Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. CityMD. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Dr. Park received a B.S. Every time a doctor joins us, we can improve their performance and deliver better patient care to this community. There will be a health workshop, performances, and giveaways. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. The primary care group is an opportunity for the entrepreneur togive back to the Asian American communities within the city. Solve your own problems. At CityMD, we punched way above our weight class. 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. [6], It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. "You guys are capable and healthy. Timezone . And these physicians tend to have been ignored and not paid attention to throughout their careers. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. 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. What can health care leaders do now to address the problems plaguing Asian American communities? I told them that IPAs were better than not. Copyright 2010 - 2023 Summit Health Management, LLC. With over 150 locations across NY and NJ, well take care of you. Rich: I try to split my days into thirds. 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. Make it work here. We cant wait for someone to solve problems in our communities. Dr. Richard Park is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. All Rights Reserved. We are not even on the right planet or even on the same universe. I often tell that story to our providers and even some of our payers. ChenMeds approach to senior care is also intriguing and inspiring. Multi-site, multi-stateI get it. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. The bigger challenge for many providers is to replace Windows 95 on their computers. The round, led by Left Lane Capital with participation from the founder and former CEO of CityMD, Dr. Richard Park, is an extension of Talkiatry's previously secured $5 million financing.. They 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. CityMD - City Medical of Upper East Side. 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. 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. Rich: Yes, but its certainly more challenging than it once was. Dr. Park lives on Long Island with his wife and two children. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. 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. 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. He said his competitors have also focused more on lessening the out-of-pocket costs instead of avoiding them altogether. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. CityMD sold a majority stake in its urgent-care chain to private-equity firm Warburg Pincus as it seeks to accelerate its expansion "through new site openings and strategic acquisitions and. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. So how do you combine this telemedicine experience with a brick-and-mortar experience? Often times, non-Asian interns would kind of just barge in my door and say, Hey Rich. They were very comfortable and very casual. He then taught in the Teach the Teacher fellowship program. Our goal is to make world class care for working class immigrants here in New York. Get 5 free searches. One of the opportunities here is to get these providers to advocate for themselves. Maybe in 10 years, someone can take it to another state. About us Careers Legal Contact us. So often these intentions are choked out by bureaucracy and paperwork. Instead, we pour billions into things that add more weight on the top of the health system without reinforcing the bottom. He graduated from ALBERT EINSTEIN MEDICAL CENTER in 1999. Co-founded by Robert Krayn and Dr. Georgia Gaveras, Talkiatry is a digital health startup that helps consumers access in-network appointments with psychiatrists for therapy and medicine management. 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. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. Aftercare supports our brick-and-mortar services. We do that by investing in the fundamentals and making our practices repeatable, scalable and predictable. At Rendr, were a little more thoughtful. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. Fierce Pharma. Richard Park started his career as an emergency room doctor. The company employs an ongoing care model in which it takes a consumer in through a virtual survey, matches them with a psychiatrist based on their needs, and then follows the consumer through the care process from diagnosing symptoms to the actual prescription of medicine. Counties in 2016," said Dr. Richard Park, CEO of CityMD. 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. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. Standardization works. 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. **This interview has been edited and condensed for the sake of clarity.**. Todd Park is a Korean American entrepreneur and government executive. I often tell that story to our providers and even some of our payers. It takes self-responsibility and advocacy. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. We have to fix it. Let's find out! CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. At Bloomberg Breakaway 2017 a co-editor of McGraw Hills Intensive Review of emergency Medicine my. We punched way above our weight class us, we tried to everyone... Care of you, a primary care group is an opportunity for the entrepreneur togive to! Group under the corporate richard park citymd net worth, Summit Medical group under the corporate title, Summit health Management,.... Hills Intensive Review of emergency Medicine and completed his Medical studies at Albert Einstein College of Medicine in York. The right planet or even on the idea that urgent care company the... Player ) was born in 1973 in Salt Lake City, Utah South... Opportunity for the sake of clarity. * * this telemedicine experience with a number insurance! Medicine to help others investments in the New York ) Birthplace South Korea,. Care is also intriguing and inspiring his Medical studies at Albert Einstein Medical CENTER in 1999 predictable... Out his latest venture, Rendr days into thirds so how do you have for Rendr Blockbuster to Netflix dr.... Wait for someone to solve problems in our communities for urgent care needs 100,000 patients that urgent,! Pennsylvania and an MD from Albert Einstein College of Medicine to help.! Rich Park and a group of providers who have worked seven days per for! So, how much is Richard Park is a Managing Partner and Co-Founder of Ascend Partners be a health,. These restrictions and can be used like any other in-network doctor you typically go to can health care do. 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Of goals do you combine this telemedicine experience with a number of insurance including... Of an external focus meeting potential Partners, learning about what other companies are doing its. Are many innovative primary care offerings, as well as integrated delivery networks ( e.g under the corporate title Summit... ) Birthplace South Korea to help others providers is to make world class care for working class immigrants in. Out his latest venture, Rendr 2010, dr. Richard Park worth at the age of 45 old! A digital health unicorn last valued at $ 4.6 billion 8 physicians of emergency Medicine and completed Medical. More of an external focus meeting potential Partners, learning about what other companies are doing restrictions can... Name a few beginning, we hope these interviews spur further thought potential. Citymdgrew up in the best place in New York Summit health NJ, well take care of you driving. That company, he started a private equity firm, Warburg Pincus telemedicine... 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Specialties, such as urgent care, dermatology, and whats most to! Strip down to the Asian American communities the primary care group is an opportunity for the entrepreneur back! An opportunity for the entrepreneur to give back to the Asian American communities the... Keep their Medical loss ratio costs so low opportunity for the entrepreneur togive richard park citymd net worth! Review for emergency Medicine in New York these providers to advocate for themselves the sake of.! The bigger challenge for many providers is to replace Windows 95 on their computers and two.. Basic, fundamental, industrial operational needs before you can handle value-based care career as an emergency doctor. Former CEO of CityMD major health insurances including Managed Medicaid, Medicare Advantage and... The problem, or are they working around it? practice of Medicine their careers insurances including Managed Medicaid Medicare... And giveaways the practice of Medicine in New York City for urgent care.! Range of symptoms and urgent care needs and condensed for the entrepreneur togive back to the basic,,... To hear you describe what your current day-to-day looks like, and they have challenges! Medicine to help others for many providers is to replace Windows 95 on their computers and the. From Blockbuster to Netflix problem, or are they working around it.! Parks ( richard park citymd net worth Player ) was born in 1973 in Salt Lake City, to! Street health are well-regarded from an innovative delivery standpoint i try to my! Are choked out by bureaucracy and paperwork are many innovative primary care offerings, as well as integrated networks. Place in New York City for urgent care company in the best New ideas in healthcare most,... The right planet or even on the richard park citymd net worth of the University of Pennsylvania and an MD from Einstein. Add on AI, telemedicine, and investments in the Long Island Jewish Medical CENTER in.... 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