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. Founder and former CEO, CityMD. I told them that IPAs were better than not. Richard Park . I often tell that story to our providers and even some of our payers. 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. 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. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. Lets focus on getting better here. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. See what Richard Park will be attending and learn more about the event taking place May 2 - 3, 2017 . ? Theyd often say something to the effect of, . Building a team of all-in players is the secret sauce of CityMD. Lets do it ourselves. 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. He is co-founder of Ascend Capital Partners, a middle market growth private equity fund investing in healthcare service providers. Fierce Biotech. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. 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. All Rights Reserved. One third is spent with my direct reports, another at the actual CityMD sites with the front-line staff. 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. We have to fix it. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. Were looking for standardization so all providers and payers can move together. Dr. Park is also a co-editor of McGraw Hills Intensive Review of Emergency Medicine. Early life and education. 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. Urgent Care in New York, City MD can help you avoid waiting for hours in an emergency room or for a scheduled . Through that company, he rolled out his latest venture, Rendr. Sign in with Google I do not have a Google account Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. 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. Richard Park Hockey Player #123615. For example, my dad is 80 years old, medically complicated. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. You make everyone better. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. at the Brooklyn Unity Health and Resources Fair at Leif Ericson Park this Saturday (Sep 17) from 11AM to 3 PM. What should health care executives understand about the challenges of this community that many likely do not? Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. Stability among its supply of psychiatrists is key here. Were sticking with the New York metro area. 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. Instead, we pour billions into things that add more weight on the top of the health system without reinforcing the bottom. Richard Park, MD. 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. Kirk Falconer October 27 2020 ShareA-A+100% In Seon Hwang Focused on driving awareness, adoption, partnerships, and investments in . 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. The non-Asian counterparts would ask for like $200,000 right out of college. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. 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. primary care offered alongside other sub-specialties), which Im a big believer in. 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. What can health care leaders do now to address the problems plaguing Asian American communities? Dr. Park lives on Long Island with his wife and two children. Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. Main Stage 9:10 AM - 9:30 AM November 29, 2016 MASSIVE GROWTH: Where Baby Unicorns Come From. They provide incredible access and care for their patients. . wanted to start an independent physician association (IPA) and went to him for advice. 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. Rendr is an expression of that. What do you think? Wrong answer. Richard Park started his career as an emergency room doctor. He . When I was the CEO of CityMD, we had Asian and non-Asian interns. He is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. Dr. Richard Park is board-certified in emergency medicine and completed his medical studies at Albert Einstein College of Medicine in New York. 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. 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. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. And given our merger with Summit Medical Group, patients will now be able to receive quality, convenient care in virtually every sub-specialty. As a child of struggling Asian immigrants, I understand the deeply rooted barriers to equal health services for immigrants and people of color. Since CityMD merged with Summit Medical Group in August 2019, Dr. Park has been serving as Vice-Chairman of the combined entity. Get 5 free searches. Richard Park Net Worth His net worth has been growing significantly in 2020-2021. So often these intentions are choked out by bureaucracy and paperwork. Richard Park, MD, FACEP, Chief Executive Officer, Rendr; Co-Founder and Managing Partner, Ascend Partners; Founder, CityMD Dr. Richard Park is a healthcare investor, entrepreneur, and board-certified emergency medicine physician. What kinds of goals do you have for Rendr? Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. 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 a digital health unicorn last valued at $4.6 billion. He said his competitors have also focused more on lessening the out-of-pocket costs instead of avoiding them altogether. 2023 Health Evolution. The non-Asiancounterparts would ask for like $200,000 right out of college. 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. 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. ChenMeds approach to senior care is also intriguing and inspiring. Rich: We have to integrate the best of all worlds, make healthcare go from Blockbuster to Netflix. Maybe in 10 years, someone can take it to another state. Fierce Healthcare. Our goal this year is to get to 4.5 quality stars across all our payers. 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. Not the Richard Park you were looking for? In 2019, he started a private equity firm of his own, Ascend Partners. Through that company, he rolled out his latest venture,Rendr. 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? He was . And how do you make that model easy for a patient to navigate? CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. Often times, non-Asian internswould kind of justbargein my door and say, Hey Rich.They were very comfortable and very casual. Every culture has their own challenges, and they have enough challenges for themselves. You can search by first or last name, state and publication date. You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. You have this dedicated group of providers who have worked seven days per week for decades. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. CityMD is a healthcare company co-founded in 2010 by Dr. Rich Park and a group of 8 physicians. I left management and sit on the board. 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. Find contact details for 700 million professionals. Subsequently, we hope these interviews spur further thought and potential innovation and action in the areas discussed. Keep open-minded and really keep your ears open. Anyone who has spent any amount of time in, a massive success, growing to more than 100 locations across the, metro area. Fierce Pharma. He lives with me, and when I occasionally take an extra day to prescribe him his medications, he gets impatient. Every time a doctor joins us, we can improve their performance and deliver better patient care to this community. He currently resides in South Korea. [4] CityMD employs over 700 physicians and mid-level practitioners. People want to make things more complex. . 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. 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. The five-year-old company is on pace to have more than 70 locations by the end . in economics from the Wharton School of the University of Pennsylvania and an MD from Albert Einstein College of Medicine. Chris: Is there still room for independent practices to exist given the consolidation trend? In 2019, he started a private equity firm of his own, Ascend Partners. 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. Mar 2010 - Present12 years 11 months. One of the opportunities here is to get these providers to advocate for themselves. We help physicians regain their identity. 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. They are a 100-year-old institution with every specialty, and merged with CityMD, which was 100 months old. 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 Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . It is the largest urgent care company in the New York metro area. 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. 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. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. 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. These networks arent particularly widespread. Today he is behind a new venture to. We dont have much information about Hes past relationship and any previous engaged. Once you find the obituary you are looking for, you can get important information about upcoming services, share a favorite photo or memory, and . Richard Park, MD. 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. When I was the CEO ofCityMD,we hadAsian and non-Asian interns. Subscribe to our free mailing list for announcements, freebies and more! 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. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 to almost $500mm of revenues in 2019 through de novo site openings and medical practice acquisitions. We help treat a range of symptoms and urgent care needs. Dr. Park, the former CEO of CityMD, will now serve as the Vice-Chairman of the combined organization. Providers. 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, the leading urgent care provider in the New York metro areas with over 120 sites. I would ask the same Asian intern during a job interview, What are your demands? 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. In 2019, he started a private equity firm of his own, Ascend Partners. If youre not standardized, you cant scale. We cant wait for someone to solve problems in our communities. Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. 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. 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. 988. Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Not in an arrogant way, but so they have a rightful place at the table. Richard Park was born on 27 May, 1976 in American, is an American ice hockey player. 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. Richard Park Height, Weight & Measurements. "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 The Dignity Memorial online obituary search tool gives you access to obituaries from thousands of locations across North America. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. is the founder and chief executive officer of CityMD, one of the largest and fastest growing urgent care providers in the country. And also to decrease the frustrations of our practice by supporting them with scribes and. 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. In 2017, Warburg Pincus acquired a majority stake in the company. Park said CityMD has a Long Island City call center with 90 people taking calls to make sure that follow-up visit happens. Richard Park is the Chief Executive Officer at CityMD based in New York, New York. Text HOME to the Crisis Text Line and connect to a counselor immediately. Richard Parks is an Executive VP & Chief Executive (Texas & New Mexico) at Providence based in Renton, Washington. 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 . CEO . If you're in emotional distress, contact the National Suicide Prevention Hotline. Rich: A lot of healthcare solutions are segmented, like, for example, telemedicine or revenue cycle management. Aftercare supports our brick-and-mortar services. and more. He is from American. 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. Below are excerpts from this conversation. 911. CITYMD has 39 locations in the five boroughs. 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. 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. CityMD. As an emergency medicine physician, I believe that no one should be discriminated against or face disadvantagesregardless of who they are, where they live, or how much money they make. Buck Ennis. 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. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. Richard Park (born May 27, 1976) is famous for being hockey player. Something is taking longer than usual. Browse our full list to see if youre covered. Stay curious! So a patient can call, text, or email us, and then be supported by the physical clinics. And these physicians tend to have been ignored and not paid attention to throughout their careers. What are yourrequirements? Theyd often say something to the effect of, Whatever you want. Has been growing significantly in 2020-2021 better than not Pincus acquired a majority stake in the company for $ million! Thought and potential innovation and action in the areas discussed platform, 33... An American ice hockey player, like, for example, my dad 80. Can improve their performance and deliver better patient care to this community can. 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