Prior to founding CityMD in 2010, he was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. It takes self-responsibility and advocacy. Each culture has to put their part in for the greater good. The five-year-old company is on pace to have more than 70 locations by the end . Were a new kind of network-driven venture capital firm focused exclusively on early-stage health and life sciences startups. It doesnt have to do with technology tools. New York, New York (PRWEB) November 19, 2014 CityMD has officially opened their second brand new urgent care office in Union Square. As for Park, he didnt sit back and take a victory lap. Richard L. "Dick" Duchossois, 95, Chairman of Arlington Park at Arlington Park on May 2, 2017. . Multi-site, multi-stateI get it. I. There is a lifetime of learning. Finance. Below are excerpts from this conversation. Dr. Richard Park, MD is an Emergency Medicine Specialist in Uniondale, NY and has over 24 years of experience in the medical field. Get Richard Park's email address (r*****@comcast.net) and phone number (516-993-..) at RocketReach. 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 CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment Two years later, Rendr is 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; 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. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. Call us any time at 530.MED.STAR 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. Not in an arrogant way, but so they have a rightful place at the table. 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. Since CityMD merged with Summit Medical Group in August 2019, Dr. Park has been serving as Vice-Chairman of the combined entity. Alginet (Valencia, Valencian Community, Spain) with population statistics, charts, map, location, weather and web information. Learn How rich is He in this year and how He spends money? A single family. Through that company, he rolled out his latest venture,Rendr. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. We place a lot of importance on specialization and being really good at one thing. 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. 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. They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. Below are excerpts from this conversation. The non-Asian counterparts would ask for like $200,000 right out of college. What are yourrequirements? Theyd often say something to the effect of, Whatever you want. 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. He is from American. Chris: Any particular resources that informed your entrepreneurial journey, or that you use to keep up on the trends in the market and industry? 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. Aftercare supports our brick-and-mortar services. CityMD - City Medical of Upper East Side. Get 5 free searches. Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. Search. 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. So a patient can call, text, or email us, and then be supported by the physical clinics. Founder and former CEO, CityMD. Rendr is an expression of that. https://fundrx.com. 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. Providers Locations FAQs Blog. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. The bigger challenge for many providers is to replace Windows 95 on their computers. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. What are some of the biggest challenges you have already faced in launching this venture and that you anticipate will be continuous? 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. 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. Not the Richard Park you were looking for? Chris: Is there still room for independent practices to exist given the consolidation trend? How do we do that? Discover Richard Parks Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. He . 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. 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. On this Wikipedia the language links are at the top of the page across from the article title. We did that by standardizing practices across 3,000 employees and 650 doctors. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. We remind physicians of their identity and calling, and then we equip them to do so. Lets focus on getting better here. Our goal this year is to get to 4.5 quality stars across all our payers. We have to fix it. Phone+1 516-342-7075. Rich: Im a voracious reader, and I compound that by meeting a lot of people. 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. They want to add on AI, telemedicine, and all of this other stuff. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. The vision 'To build healthier communities by serving everyone.' So, why are we so passionate about making. Dr. Park is the author and co-editor-in-chief of McGraw-Hills Intensive Review of Emergency Medicine. We are vertical integrators, and we concentrate on specific geographies so that we can better meet the needs of our patients. Richard Park of CityMD. Our StoryDr. I would ask the same Asian intern during a job interview, What are your demands? Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. Dr. Thats the challenge of health care. Show A Healthy Dose, Ep Richard Park - Feb 7, 2019 UPDATED 8:19 PM ET Dec. 28, 2021. Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. Rich: Physicians went into the practice of medicine to help others. 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. I envied that. One of the opportunities here is to get these providers to advocate for themselves. It is the largest urgent care company in the New York metro area. But healthcare suffers from being too fragmented. Yes, we all have to help each other, but there is a component of responsibility and self-determination. The concept started when a group of Asian physiciansin NYCwanted to start an independent physician association (IPA) and went to him for advice. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. Not the Richard Park you were looking for? What should health care executives understand about the challenges of this community that many likely do not? How do you get doctors to standardize? These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. Alignment is really important, Park said. That check was led by Sikwoo Capital Partners with participation from Relevance Ventures and Park. No items found. 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.. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? Urgent Care in New York, City MD can help you avoid waiting for hours in an emergency room or for a scheduled . Learn more What we treat. So how do you combine this telemedicine experience with a brick-and-mortar experience? At CityMD, we punched way above our weight class. . 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. All Rights Reserved. Copyright 2023 Rendrcare. Rendris about self-advocacy and its about creating the fundamental business to grow in a value-based world. 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. One third is spent with my direct reports, another at the actual CityMD sites with the front-line staff. The non-Asiancounterparts would ask for like $200,000 right out of college. Its competition is paying attention. 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. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. 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. Richard Parks income source is mostly from being a successful Player. Its time for your annual flu shot, and CityMD has you covered. Fax+1 516-342-7076. We recommend you to check the complete list of Famous People born on 27 May. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? Dr. Park received a B.S. And how do you make that model easy for a patient to navigate? All Rights Reserved. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. It takes time. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. As of 2022, Richard Park's net worth is $100,000 - $1M. top quality medical care have made CityMD the best place in New York City for urgent care. At 45 years old, Richard Park height is 6ft 0in (183cm) and Weight 190lb (86kg; 13st 8lb). When I was the CEO ofCityMD,we hadAsian and non-Asian interns. Theyd want a corner office. He served as Chief Technology Officer of the United States and technology advisor for U.S. President Barack Obama. And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. Maybe in 10 years, someone can take it to another state. He is not dating anyone. Unity and alignment from our providers and payers on very clear metrics and goals. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. 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. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. 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. Focused on driving awareness, adoption, partnerships, and investments in . The IPO story is fantastic. 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. Todd Park is a Korean American entrepreneur and government executive. It was the same philosophy at CityMD. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. Richard Park started his career as an emergency room doctor. In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. 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 . his net worth was estimated to be at least $63.8 million.) 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? Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . It's now being led by the very capable and very charismatic Dr. Jeff Le Benger. It takes self-responsibility and advocacy. Counties in 2016," said Dr. Richard Park, CEO of CityMD. I envied that. Let's find out! By not using a contractor model, Talkiatry will have more stability in its services but could struggle with scale. 911. Others Named Richard Park. Copyright 2010 - 2023 Summit Health Management, LLC. Rich: A lot of healthcare solutions are segmented, like, for example, telemedicine or revenue cycle management. Dr. Jeffrey Le Benger, who was at the helm of Summit Medical Group, will serve as chief executive officer of the combined organization. They provide incredible access and care for their patients. Richard received a medical degree degree from The Albert Einstein College of Medicine. Chris: In your mind, what does a 10-star medical clinic visit look like? 2023 Health Evolution. 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. In 2019, he started a private equity firm of his own, Ascend Partners. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. Copyright 2023 Rendrcare. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. The payers need someone who can catch their fastball, especially in the Medicare and Medicaid world. Is this information wrong? All Rights Reserved. Talkiatry has hired psychiatrists as W-2 employees instead of contractors. About us Careers Legal Contact us. primary care offered alongside other sub-specialties), which Im a big believer in. 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. Loved my job as a scribe. **This interview has been edited and condensed for the sake of clarity.**. You have this dedicated group of providers who have worked seven days per week for decades. Make it work here. CityMD formed as an alternative to primary care physicians booked. 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. 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. Aftercare supports our site physicians by providing a safety net to perform anything and everything 7 days a week in real-time support. We have to fix it. And also to decrease the frustrations of our practice by supporting them with scribes and. Main Stage 9:10 AM - 9:30 AM November 29, 2016 MASSIVE GROWTH: Where Baby Unicorns Come From. He lives with me, and when I occasionally take an extra day to prescribe him his medications, he gets impatient. Early life and education. Attacks on Asian Americans spiked during the pandemic. 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. 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. Asian American patients and providers face, standardization and scalability can improve patient care. These networks arent particularly widespread. 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). 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