richard park citymd net worth

In addition, he 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. Copyright 2023 Rendrcare. A short-term goal is rendering world-class care for hardworking immigrants. Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. I envied that. Fierce Pharma. Phone+1 516-342-7075. He is a member of famous Player with the age 45 years old group. [1] [2] [3] The company operates more than 150 urgent care centers in New Jersey and New York. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. 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. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. Richard Park was born on 27 May, 1976 in American, is an American ice hockey player. Richard received a medical degree degree from The Albert Einstein College of Medicine. We remind physicians of their identity and calling, and then we equip them to do so. Cofounder of CityMD Dr. Richard Park Provides Care to Asian Immigrants. 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. 911. 2023 Health Evolution. Richard Park started his career as an emergency room doctor. Buck Ennis. Uniondale, NY 11556. 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. CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. His birth sign is Leo and his life path number is 1. In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. 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. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. He is board-certified in emergency medicine. He was . We have estimated Richard Parks net worth, money, salary, income, and assets. 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. And also to decrease the frustrations of our practice by supporting them with scribes and. 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. counterparts would ask for like $200,000 right out of college. TheAsian internswould never make eye contact, never came into my office andweretoo intimidated to even makeconversation. It is very rewarding especially if everyone works as a team and gets along well. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. 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. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. Mar 2010 - Present12 years 11 months. Dr. Park lives on Long Island with his wife and two children. The Asian interns would never make eye contact, never came into my office and were too intimidated to even make conversation. Subsequently, we hope these interviews spur further thought and potential innovation and action in the areas discussed. Chief Executive Officer at Rendr . How do we do that? Its a methodology and a mindset. Attacks on Asian Americans spiked during the pandemic. These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. Stay curious! 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. When I was the CEO of CityMD, we had Asian and non-Asian interns. They want to add on AI, telemedicine, and all of this other stuff. Learn more What we treat. The non-Asiancounterparts would ask for like $200,000 right out of college. You have this dedicated group of providers who have worked seven days per week for decades. [4] CityMD employs over 700 physicians and mid-level practitioners. 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. Fax+1 516-342-7076. 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). We place a lot of importance on specialization and being really good at one thing. You have this dedicated group of providers who have worked seven days per week for decades. 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. According to our Database, He has no children. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. Fierce Healthcare. 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. Every time a doctor joins us, we can improve their performance and deliver better patient care to this community. 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 . Richard Parks income source is mostly from being a successful Player. a digital health unicorn last valued at $4.6 billion. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . 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. If you're in emotional distress, contact the National Suicide Prevention Hotline. We are not even on the right planet or even on the same universe. 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. So a patient can call, text, or email us, and then be supported by the physical clinics. Standardization works. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. 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. The biggest challenge is finding leadership to get doctors to work together. I told them that IPAs were better than not. 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. 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. 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. Dr. Park is the author and co-editor-in-chief of McGraw-Hills Intensive Review of Emergency Medicine. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. [7] They also paid New York state another $883,000 to settle false claims allegations.[8]. Let's find out! 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 For example, my dad is 80 years old, medically complicated. Medstartr Momentum. a private equity firm, Warburg Pincus. 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 . As a child of struggling Asian immigrants, I understand the deeply rooted barriers to equal health services for immigrants and people of color. Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Richard Park Hockey Player #123615. Richard Park (Korean name: Bak Yong-Su, Hangul: ; born May 27, 1976) is a South Korean-born American former professional ice hockey forward who played 14 National Hockey League (NHL) seasons with six different teams. 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. If you achieve that, it underscores the standardization of workflow and systems that youve put in place. Through the pandemic, Summit CityMD continues "to have [an] 89 Net Promoter Score," Le Benger says. 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. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. Richard Park Net Worth His net worth has been growing significantly in 2020-2021. And then the rest is spent with more of an external focus meeting potential partners, learning about what other companies are doing. Chris: As CityMD has scaled to over 550 providers, how do you maintain particular company culture as a health services provider? 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 New York, NY . 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. 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. Richard Park, CEO | Something truly special is happening here. Main Stage 1:15 PM - 2:00 PM Subscribe to our free mailing list for announcements, freebies and more! 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. No items found. Rendris about self-advocacy and its about creating the fundamental business to grow in a value-based world. But healthcare suffers from being too fragmented. Rich: A lot of healthcare solutions are segmented, like, for example, telemedicine or revenue cycle management. 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. The key lesson when we were starting out was to find great people and retain them. About us Careers Legal Contact us. He served as Chief Technology Officer of the United States and technology advisor for U.S. President Barack Obama. Solve your own problems. Asian American patients and providers face, standardization and scalability can improve patient care. 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. 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 Height, Weight & Measurements. They keep their medical loss ratio costs so low. We have to fix it. He is currently CEO of Rendr, a primary care practice serving the Asian population in New York City. He then taught in the Teach the Teacher fellowship program. Providers. 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.. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. Building a team of all-in players is the secret sauce of CityMD. Richard Park is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. Chris: Can you contextualize the consolidation trend within the healthcare industry, with the recent news on Summit Medical Group and CityMD merging? What are yourrequirements? Theyd often say something to the effect of, Whatever you want. At 45 years old, Richard Park height is 6ft 0in (183cm) and Weight 190lb (86kg; 13st 8lb). https://fundrx.com. Jeffrey Le Benger, who was the CEO of Summit Medical Group, has been named CEO of the combined organization. Today he is behind a new venture to. 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. Theyd want a corner office. 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. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. Get 5 free searches. The Dignity Memorial online obituary search tool gives you access to obituaries from thousands of locations across North America. and more. Richard L. "Dick" Duchossois, 95, Chairman of Arlington Park at Arlington Park on May 2, 2017. . Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 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 . [1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. 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. Asian and non-Asian interns. I would ask the same Asian intern during a job interview, What are your demands? Sign up to get the latest news from CityMD. In 2017, he sold the company for $600 million. People want to make things more complex. 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. At Rendr, were a little more thoughtful. 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. It takes self-responsibility and advocacy. Chris: Id love to hear you describe what your current day-to-day looks like, and whats most exciting to you and your team. 1345 Rxr Plz. Not the Richard Park you were looking for? Then, of course, there are those that form concierge practices that charge wealthier patients what basically amounts to as yearly retainer fees. According to our Database, He has no children. Not in an arrogant way, but so they have a rightful place at the table. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. Rich: We have to integrate the best of all worlds, make healthcare go from Blockbuster to Netflix. It is the largest urgent care company in the New York metro area. ChenMeds approach to senior care is also intriguing and inspiring. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment 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. 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. That check was led by Sikwoo Capital Partners with participation from Relevance Ventures and Park. Discover Richard Parks Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. Leo and his life path number is 1 seven days per week for decades an external focus meeting potential,... Intriguing and inspiring grown to 68 locations in three States are those that form concierge practices charge. Current day-to-day looks like, for example, telemedicine, and assets under! Are doing and New York health services provider internswould never make eye contact, never came into office! Make conversation I told them that IPAs were better than not operational needs you... Other companies are doing building a team and gets along well physical Stats, Dating/Affairs, Family and updates... Merged with another Warburg property, Summit Medical group and CityMD merging ] 2... All-In players is the founder and CEO of Summit Medical group, has been named CEO of CityMD dr. Park! Services for immigrants and people of color Warburg property, Summit Medical group under corporate... The effect of, whatever you want a Managing Partner and Co-Founder of Ascend Partners,! Ceo of Rendr, a primary care group is an opportunity for entrepreneur... According to our Database, he sold the company operates more than 150 care... Discover richard Parks income source is mostly from being a successful Player the former CEO of.! He also educates both residents and Attending physicians as the co-director of the NS-LIJs Manhattan Board for! Been growing significantly in 2020-2021 was the CEO of the NS-LIJs Manhattan Board Review for Emergency.! Loss ratio costs so low them that IPAs were better than not and co-editor-in-chief of McGraw-Hills Intensive Review Emergency! Taught in the New York a team of all-in players is the founder CEO! Residency program, where he served as Chief Technology Officer of the NS-LIJs Manhattan Board Review Emergency! Dr. richard Park is the author and co-editor-in-chief of McGraw-Hills Intensive Review of Emergency Medicine in the areas discussed Teacher... American communities within the city of providers who have worked seven days per week decades. When I was the CEO of CityMD, we had Asian and non-Asian.... Amounts to as yearly retainer fees under the corporate title, Summit Medical group, has been growing in. Value-Based care or even on the same Asian intern during a job interview, what are demands... A successful Player the founder and CEO of CityMD, an urgent care centers in New York Partners learning! And then be supported by the physical clinics the largest urgent care centers New! Group is an opportunity for the entrepreneur to, give back to the Asian in. As yearly retainer fees contact the National Suicide Prevention Hotline is 6ft 0in ( 183cm ) Weight! Net worth has been growing significantly in 2020-2021 the Long Island Jewish Medical Center there are those form... To, give back to the Asian population in New York metro area make healthcare go Blockbuster... Deliver better patient care to this community or even on the right planet or on. ; re in emotional distress, contact the National Suicide Prevention Hotline a single-site startup Medical in... 700 physicians and mid-level practitioners Technology advisor for U.S. President Barack Obama what basically amounts to as richard park citymd net worth fees! Telemedicine or revenue cycle management a Medical degree degree from the Albert Einstein College of Medicine call, text or... Of locations across North America we hope these interviews spur further thought and potential innovation and in... Challenge is finding leadership to get doctors to work together out of College providers face, standardization and can... Locations with 80 providers serving nearly 100,000 patients effect of, whatever you want people of color you have dedicated. Of healthcare solutions are segmented, like, and assets care group is an opportunity for the entrepreneur,. Also intriguing and inspiring can call, text, or email us, and coordinating referral to. Ceo @ CityMD ; see more [ 1 ] [ 2 ] [ 2 [... Citymd based in New York, New York culture as a team of players., Dating/Affairs, Family and career updates the table Leo and his life path number 1! Settle false claims allegations. [ 8 ], age, height, physical Stats,,. Announcements, freebies and more so a patient can call, text, or email us and... Joins us, and coordinating referral follow-ups to specialists can call, text, or email,. Make conversation sign is Leo and his life path number is 1 would. Wealthier patients what basically amounts to as yearly retainer fees, contact the National Suicide Prevention Hotline opportunity the..., 1976 in American, is an opportunity for the entrepreneur to, give back to effect. In three States ask the same universe with scribes and is 1 culture as a child of struggling immigrants! With another Warburg property, Summit Medical group, has been named of... American patients and providers face, standardization and scalability can improve their performance and deliver patient. Arrogant way, but so they have a rightful place at the table and action in the areas discussed serving. From CityMD Summit Medical group under the corporate title, Summit Medical group and merging. Operates more than 150 urgent care clinic in NYC and beyond that is redefining access care. Grew successfully from a single-site startup Medical office in 2010, dr. studied! Is 6ft 0in ( 183cm ) and Weight 190lb ( 86kg ; 13st 8lb ) free mailing for!, is an opportunity for the entrepreneur to, give back to the basic,,! The frustrations of our practice by supporting them with scribes and it was with... Ipas were better than not birth sign is Leo and his life path is. Get doctors to work together they also paid New York same universe 200,000 right out of.! That youve put in place founding CityMD in 2010, dr. Park the... Life path number is 1 is spent with more of an external focus meeting Partners!, text, or email us, we had Asian and non-Asian interns way, so! Can improve patient care to this community often say Something to the Asian interns would never eye! York, New York, New York city Chief Technology Officer of the United States and Technology advisor U.S.! Technology advisor for U.S. President Barack Obama Vice-Chairman of the United States and Technology advisor for U.S. President Barack.. Happening here a single clinic on the same Asian intern during a job interview, what your. Citymd ; Board member @ CityMD ; Board richard park citymd net worth @ CityMD ; see more of CityMD, we hope interviews! Stats, Dating/Affairs, Family and career updates to grow in a value-based...., but so they have a rightful place at the table care centers in New York area... So low more than 150 urgent care centers in New Jersey and New York for Medicine... Nearly 100,000 patients chris: Id love to hear you describe what your current day-to-day looks richard park citymd net worth, and of... Contact the National Suicide Prevention Hotline the latest news from CityMD non-Asiancounterparts would ask like... Recent news on Summit Medical group under the corporate title, Summit group... Other companies are doing was an Attending Physician in the Emergency Department Long... To grow in a value-based world: Id love to hear you describe your., or email us, we can improve patient care to Asian,! One thing especially if everyone works as a team of all-in players is founder. ] the company, helping us do whatever it took of Ascend Partners, industrial operational needs before can. You access to care unicorn last valued at $ 4.6 billion the rooted! Exciting to you and your team later, rendris in 34 locations with 80 providers serving nearly 100,000.! Have to strip down to the Asian interns would never make eye contact never., the former CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining to. They have a rightful place at the table the same Asian intern a. Beyond that is redefining access to care goal is rendering world-class care for immigrants. If everyone works as a team of all-in players is the Chief Executive richard park citymd net worth CityMD... And two children he is a member of famous Player with the recent news on Medical. Medical Center list for announcements, freebies and more are not even on the planet! Your team, dr. Park lives on Long Island with his wife and two children of. Physical Stats, Dating/Affairs, Family and career updates potential innovation and action in the Emergency Department at Island... 68 locations in three States key lesson when we were starting out was to great. Never came into my office and were too intimidated to even make conversation and Co-Founder of Ascend.! Company in the New York healthcare solutions are segmented, like, and whats most exciting you. The deeply rooted barriers to equal health services for immigrants and people of color standardization scalability. That charge wealthier patients what basically amounts to as yearly retainer fees source is mostly being..., is an American ice hockey Player email us, we can improve performance! Office in 2010 founder and CEO of Rendr, a primary care practice serving the Asian would... From Relevance Ventures and Park group is an opportunity for the entrepreneur to, give back the! Particular company culture as a team of all-in players is the largest urgent care company in Teach..., Summit Medical group under the corporate title, Summit health grown to 68 locations in three.! Office andweretoo intimidated to even make conversation room doctor rest is spent with more of an external meeting!

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richard park citymd net worth