He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. CityMD - City Medical of Upper East Side. Dr. Park received a B.S. A short-term goal is rendering world-class care for hardworking immigrants. These include reviewing labs, fielding patient concerns/complaints, coordinating advanced imaging, and coordinating referral follow-ups to specialists. Standardization works. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. Loved my job as a scribe. Aftercare supports our brick-and-mortar services. They provide incredible access and care for their patients. I told them that IPAs were better than no having organization at allbut what would be better than an IPA is if they became a single practice. Richard Park is the founder and CEO of CityMD, an urgent care clinic in NYC and beyond that is redefining access to care. There is a lifetime of learning. Richard Park Hockey Player #123615. TheAsian internswould never make eye contact, never came into my office andweretoo intimidated to even makeconversation. Fl 15. Not the Richard Park you were looking for? If you achieve that, it underscores the standardization of workflow and systems that youve put in place. It takes time. 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. 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. The bigger challenge for many providers is to replace Windows 95 on their computers. Were looking for standardization so all providers and payers can move together. Aftercare supports our site physicians by providing a safety net to perform anything and everything 7 days a week in real-time support. According to our Database, He has no children. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. As a child of struggling Asian immigrants, I understand the deeply rooted barriers to equal health services for immigrants and people of color. We cant wait for someone to solve problems in our communities. He . Todd Park is a Korean American entrepreneur and government executive. 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. Today he is behind a new venture to. Asian and non-Asian interns. 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. in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. 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. Dont wait for someone to solve your problems. 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. Something is taking longer than usual. He then taught in the Teach the Teacher fellowship program. Discover Richard Parks Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Richard Park of CityMD. It has done 30,000 visits since its launch. What do you think? Wrong answer. 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. What does this all mean? 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. Chris: Any particular resources that informed your entrepreneurial journey, or that you use to keep up on the trends in the market and industry? When I was the CEO ofCityMD,we hadAsian and non-Asian interns. 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. top quality medical care have made CityMD the best place in New York City for urgent care. By not using a contractor model, Talkiatry will have more stability in its services but could struggle with scale. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. It takes self-responsibility and advocacy. Not in an arrogant way, but so they have a rightful place at the table. . Dec 9, 2018, 5:16 AM iStock; Samantha Lee/Business Insider CityMD cofounder Richard Park wanted to open up an urgent-care location in the Jackson Heights neighborhood of Queens, New York, but. How do you get doctors to standardize? 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. Doctors resist standardization. CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. didnt sit back and take a victory lap. 1345 Rxr Plz. We were punching above our weight class, but we knew urgent care was a hot industry. Aug. 13, 2019, 04:45 PM. Copyright 2021 Calex Partners, LLC. 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. 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). Rendr is about self-advocacy and its about creating the fundamental business to grow in a value-based world. So how do you combine this telemedicine experience with a brick-and-mortar experience? Fierce Life Sciences Events. 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. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. I would ask the same Asian intern during a job interview, What are your demands? Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. The non-Asiancounterparts would ask for like $200,000 right out of college. What kinds of goals do you have for Rendr? 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. 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. The Dignity Memorial online obituary search tool gives you access to obituaries from thousands of locations across North America. Keep open-minded and really keep your ears open. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. Focused on driving awareness, adoption, partnerships, and investments in . You have this dedicated group of providers who have worked seven days per week for decades. See more providers. 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. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. Chris: Can you contextualize the consolidation trend within the healthcare industry, with the recent news on Summit Medical Group and CityMD merging? That check was led by Sikwoo Capital Partners with participation from Relevance Ventures and Park. He is from American. Loved taking care of the patients. Each culture has to put their part in for the greater good. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. 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. Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. Rendr is an expression of that. All Rights Reserved. We cant wait for someone to solve problems in our communities. 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. The primary care group is an opportunity for the entrepreneur togive back to the Asian American communities within the city. 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. Theyd want a corner office. 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. We believe systems work. Two years later, Rendr is in 34 locations with 80 providers serving nearly 100,000 patients. Richard's birth flower is Gladiolus and birthstone is Peridot and Sardonyx. It's now being led by the very capable and very charismatic Dr. Jeff Le Benger. Whatdo you think?Wrong answer. 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. Building a team of all-in players is the secret sauce of CityMD. He said his competitors have also focused more on lessening the out-of-pocket costs instead of avoiding them altogether. Fax+1 516-342-7076. 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 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. 911. 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. Copyright 2010 - 2023 Summit Health Management, LLC. Dr. Jeffrey Le Benger, who was at the helm of Summit Medical Group, will serve as chief executive officer of the combined organization. [1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. . ChenMeds approach to senior care is also intriguing and inspiring. Arlington Park President Richard . The primary care group is an opportunity for the entrepreneur to give back to the Asian American communities within the city. Also learn how He earned most of networth at the age of 44 years old? Through that company, he rolled out his latest venture,Rendr. Getting doctors to decrease variance and become more standardized. According to our Database, He has no children. Below are excerpts from this conversation. Uniondale, NY 11556. Anyone who has spent any amount of time in, a massive success, growing to more than 100 locations across the, metro area. 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 . 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. Richard Park, M.D. We dont have much information about Hes past relationship and any previous engaged. Just walk-in to any location, no appointment necessary. Richard Park . CoFounder Partner and Former CEO @ CITYMD; Board Member @ CITYMD; see more . With that being said, selfadvocacy is important. Buck Ennis. Richard Park, CityMD's co-founder and CEO, will serve as vice chairman and Rob Connor, CityMD's president, has been appointed president. Not the Richard Park you were looking for? Richard Park, CEO of CityMD, joins Trevor and Steve on this episode to discuss how he provides immediate and affordable care to people of all ages and incomes. 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. Providers. The concept started when a group of Asian physicians. What can health care leaders do now to address the problems plaguing Asian American communities? I envied that. They keep their medical loss ratio costs so low. Sign up to get the latest news from CityMD. I. Since opening a single clinic on the Upper East Side in 2010, urgent-care chain CityMD has grown to 68 locations in three states. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. Its a methodology and a mindset. [4] CityMD employs over 700 physicians and mid-level practitioners. What are some of the biggest challenges you have already faced in launching this venture and that you anticipate will be continuous? Richard Parks is an Executive VP & Chief Executive (Texas & New Mexico) at Providence based in Renton, Washington. Rich: I try to split my days into thirds. It is the largest urgent care company in the New York metro area. 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). 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. 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. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. Medstartr Momentum. Pros 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. Call us any time at 530.MED.STAR As for Park, hedidnt sit back and take a victory lap. ? Theyd often say something to the effect of, . Let's find out! CityMD formed as an alternative to primary care physicians booked. 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 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. All of this hinges on the idea that urgent care centers . Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. All Rights Reserved. It was the same philosophy at CityMD. 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. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. Will Rendr primarily be based in NYC like CityMD or are their plans to go beyond? 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. is the founder and chief executive officer of CityMD, one of the largest and fastest growing urgent care providers in the country. Providers Locations FAQs Blog. Lets do it ourselves. 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. . About us Careers Legal Contact us. Early life and education. Copyright 2023 Rendrcare. What the issue comes to next is are they really, really solving the problem, or are they working around it?. 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. 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. Below are excerpts from this conversation. What kind of challenges have you see in terms of health care for the Asian American population, in New York City and beyond? Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. Richard Park, CEO | Something truly special is happening here. A wide range of evolving and emerging issues that are shaping the future of health care. Richard Parks (Rugby Player) was born on the 14th of August, 1977. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? At Rendr, were a little more thoughtful. Park recently spoke with Health Evolution about the challenges. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. How do we do that? People want to make things more complex. 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