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. Iora Health and Oak Street Health are well-regarded from an innovative delivery standpoint. Often times, non-Asian interns would kind of just barge in my door and say, Hey Rich. They were very comfortable and very casual. Its necessary, but for them, its painful and they resist. 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. 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. The startup will rapidly and consistently hire psychiatrists with varying backgrounds to serve consumers. Stay curious! And yet when they deal with payers, its the same mentality, What do you think? Self-advocacy is so important. At CityMD, we punched way above our weight class. Most Popular Boost Birthday May 27, 1976 (age 46) Birthplace South Korea. Alignment is really important, Park said. We believe systems work. 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. Chris: Any particular resources that informed your entrepreneurial journey, or that you use to keep up on the trends in the market and industry? They want to add on AI, telemedicine, and all of this other stuff. Below are excerpts from this conversation. Dr. Richard Park has shaken up New York City's health care industry with his CityMD walk-in clinics, an urgent-care chain with 48 clinics, many of them added through a December 2013 merger with . In 2017, he sold the company for $600 milliontoa private equity firm, Warburg Pincus. Richard Park, MD. 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.. wanted to start an independent physician association (IPA) and went to him for advice. [7] They also paid New York state another $883,000 to settle false claims allegations.[8]. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. CityMD accepts most major health insurances including Managed Medicaid, Medicare Advantage, and exchange plans. Find a CityMD near you: Need a flu shot? Aug. 13, 2019, 04:45 PM. Get 5 free searches. 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. Thats the challenge of health care. Everyone has their own problems. Dr. Park lives on Long Island with his wife and 2 children. 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. He is a co-editor of McGraw Hills Intensive Review of Emergency Medicine. Not the Richard Park you were looking for? Rich: Im a voracious reader, and I compound that by meeting a lot of people. He is currently single. All Rights Reserved. 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. Mar 2010 - Present12 years 11 months. Dr. Richard Park, CityMD's co-founder and CEO, will. Office. The bigger challenge for many providers is to replace Windows 95 on their computers. And this is the story of CityMD. Chris: In your mind, what does a 10-star medical clinic visit look like? Just walk-in to any location, no appointment necessary. or email us at events@medstartr.com, Provider Momentum: Richard Park of CityMD, MASSIVE GROWTH: Where Baby Unicorns Come From, Healthcare Innovation Rule # 8: Passion is Not Enough, Healthcare Innovation Rule # 9: Do One Thing Well, 10 Rules for Driving Innovation in Healthcare Rule # 10 Be in the right place. Ive spoken with many entrepreneurs and executives, some of whom have retired but are still open to hopping on a phone call. Yes, we all have to help each other, but there is a component of responsibility and self-determination. Most of our larger shareholders ended up becoming line docs within the company, helping us do whatever it took. So how do you take that approach to standardizing workflow, metrics and systems and bring it to the primary care world, particularly with Medicare and Medicaid patients? Not the Richard Park you were looking for? As for Park, hedidnt sit back and take a victory lap. He is from American. Every time a doctor joins us, we can improve their performance and deliver better patient care to this community. About us Careers Legal Contact us. Asian and non-Asian interns. Let's find out! He . We were punching above our weight class, but we knew urgent care was a hot industry. What does this all mean? Through that company, he rolled out his latest venture, Rendr. [1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. His office accepts new patients. He is board-certified in emergency medicine. Main Stage 9:10 AM - 9:30 AM November 29, 2016 MASSIVE GROWTH: Where Baby Unicorns Come From. Theyd want a corner office. He will lead a fireside chat with founders Danish Munir (GenoaTelepsych, which sold to UnitedHealth) and Dr. Richard Park (CityMD, the leading urgent care provider in New York). We help treat a range of symptoms and urgent care needs. Richard Park was born on 27 May, 1976 in American, is an American ice hockey player. 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. Show A Healthy Dose, Ep Richard Park - Feb 7, 2019 Dr. Copyright 2023 Rendrcare. A wide range of evolving and emerging issues that are shaping the future of health care. Providers Locations FAQs Blog. "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 We remind physicians of their identity and calling, and then we equip them to do so. He said his competitors have also focused more on lessening the out-of-pocket costs instead of avoiding them altogether. The key is to meet people who work in healthcare. Theres many people who have identified the problem that [psychiatrists are not accessible], said Krayn. Richard Park, MD. Park was born in 1973 in Salt Lake City, Utah to South Korean immigrant parents. 988. We did that by standardizing practices across 3,000 employees and 650 doctors. 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. Jeffrey Le Benger, who was the CEO of Summit Medical Group, has been named CEO of the combined organization. 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. Richard Parks income source is mostly from being a successful Player. Its competition is paying attention. 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. 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. They keep their medical loss ratio costs so low. Subscribe to our free mailing list for announcements, freebies and more! Two years later,Rendris in 34 locations with 80 providers serving nearly 100,000 patients. Doctors resist standardization. Counties in 2016," said Dr. Richard Park, CEO of CityMD. UPDATED 8:19 PM ET Dec. 28, 2021. Focused on driving awareness, adoption, partnerships, and investments in the best new ideas in healthcare. All of this hinges on the idea that urgent care centers . If youre not standardized, you cant scale. 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. Then, of course, there are those that form concierge practices that charge wealthier patients what basically amounts to as yearly retainer fees. Rich: Theres a lot of integration across specialties, such as urgent care, dermatology, and orthopedic practices to name a few. According to our Database, He has no children. Dr. Richard Park: At the end of 2019, I left management at CityMD when it merged with Summit Medical Group in New Jersey. Talkiatry has partnered with a number of insurance providers including United Healthcare, Aetna, BlueCross BlueShield and more. With that being said, selfadvocacy is important. Also learn how He earned most of networth at the age of 44 years old? 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. Will Rendr primarily be based in NYC like CityMD or are their plans to go beyond? Arlington Park President Richard . Whatdo you think?Wrong answer. Dr. Park lives on Long Island with his wife and two children. 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. We place a lot of importance on specialization and being really good at one thing. DETAILS BELOW. . His net worth has been growing significantly in 2020-2021. 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. 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 how do you make that model easy for a patient to navigate? The billionaires -- who made their fortunes in biotechnology, pharmaceuticals, or medical devices -- were worth more than $66 billion in 2020, a fraction of the $32 trillion fortune of all 400 . Dr. Park holds expertise in all facets of urgent care delivery and operation. Rich: When I started CityMD in 2010 alongside some fellow physicians, we had a lot to learn, having been strictly clinical physicians before. 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. 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. What the issue comes to next is are they really, really solving the problem, or are they working around it?. If you achieve that, it underscores the standardization of workflow and systems that youve put in place. "You're at Stuyvesant," Dr. Richard Park ('90), Chief Executive Officer (CEO) at CityMD and Emergency Medicine physician, said. A single family. 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. [4] CityMD employs over 700 physicians and mid-level practitioners. 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. Richard Parks is an Executive VP & Chief Executive (Texas & New Mexico) at Providence based in Renton, Washington. Richard Park (born May 27, 1976) is famous for being hockey player. 2023 Health Evolution. Alginet (Valencia, Valencian Community, Spain) with population statistics, charts, map, location, weather and web information. With over 150 locations across NY and NJ, well take care of you. While companies like Cerebral, Headway and Uplit have similarly gone in-network, the co-founder argues that it has the least restrictive relationship with providers, meaning that consumers wont have to pay out of pocket for anything outside of the typical copay. Lets focus on getting better here. Buck Ennis. Talkiatry has none of these restrictions and can be used like any other in-network doctor you typically go to.. What kinds of goals do you have for Rendr? Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. Richard Park, CEO | Something truly special is happening here. 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. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 . 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 . Park said CityMD has a Long Island City call center with 90 people taking calls to make sure that follow-up visit happens. **This interview has been edited and condensed for the sake of clarity.**. Dr. Park studied emergency medicine in the Long Island Jewish Medical Centers residency program, where he served as chief resident. Payers. 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. 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. Richard Park . 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. Rendr is about self-advocacy and its about creating the fundamental business to grow in a value-based world. Multi-site, multi-stateI get it. Sign up to get the latest news from CityMD. Co-Founder Ascend Partners Oct 2019 - Present3 years 5 months Greater New York City Area Ascend Partners is a healthcare focused private equity partnership co-founded by In Seon Hwang, former. Rich: A lot of healthcare solutions are segmented, like, for example, telemedicine or revenue cycle management. Find contact details for 700 million professionals. Once you find the obituary you are looking for, you can get important information about upcoming services, share a favorite photo or memory, and . The concept started when a group of Asian physicians. Because CityMD and Summit Health are a part of the same care team, youll get access to Summits full network of high quality primary care providers and specialists for all of your health care needs today, and for a lifetime. Alignment is really important, Park said. Listen for unforgettable stories and insights into a mission-driven healthcare career, such as: The inspiration behind Richard's career in medicine. The bigger challenge for many providers is to replace Windows 95 on their computers. 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. 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. This interview features Dr. Richard Park, the Founder of CityMD, the leading urgent care provider in the New York Metro Area and Seattle, Washington. But in 2005, he started working somewhere else: an urgent care clinic in New Hyde Park on Long Island. 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. It was the same philosophy at CityMD. I often tell that story to our providers and even some of our payers. But from the beginning, we tried to place everyone where they would be most impactful. That check was led by Sikwoo Capital Partners with participation from Relevance Ventures and Park. CITYMD has 39 locations in the five boroughs. Often times, n. They were very comfortable and very casual. 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. I. Aftercare supports our brick-and-mortar services. Timezone . Dr. Park received a B.S. Today he is behind a venture to provide medic. Find contact details for 700 million professionals. Urgent Care in New York, City MD can help you avoid waiting for hours in an emergency room or for a scheduled . Talkiatry has hired psychiatrists as W-2 employees instead of contractors. Keep open-minded and really keep your ears open. He also educates both residents and attending physicians as the co-director of the NS-LIJs Manhattan Board Review for Emergency Medicine. Dr. Park was recognized as an expert educator, receiving a system-wide award in 2007. As a physician-entrepreneur, what are some of the guiding principles that helped you transition from provider to founder/CEO? The high customer experience rating "means my doctors were apathetic, altruistic, and they gave . He served as Chief Technology Officer of the United States and technology advisor for U.S. President Barack Obama. The primary care group is an opportunity for the entrepreneur to, give back to the Asian American communities within the city. You make everyone better. 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. A singlefamily. Prior to founding CityMD in 2010, he was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. 1345 Rxr Plz. Richard Park of CityMD. And there are many innovative primary care offerings, as well as integrated delivery networks (e.g. 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. Early life and education. Dr. Park is the author and co-editor-in-chief of McGraw-Hills Intensive Review of Emergency Medicine. He was born in 1970s, in Generation X. 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. 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. Fierce Life Sciences Events. . He is from American. What can health care leaders do now to address the problems plaguing Asian American communities? his net worth was estimated to be at least $63.8 million.) 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. We have to fix it. Standardization works. It's now being led by the very capable and very charismatic Dr. Jeff Le Benger. Through that company, he rolled out his latest venture,Rendr. Stability among its supply of psychiatrists is key here. Check out what Richard Park will be attending at Bloomberg Breakaway 2017. . It takes self-responsibility and advocacy. 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). Richard Park, CityMD's co-founder and CEO, will serve as vice chairman and Rob Connor, CityMD's president, has been appointed president. We are not even on the right planet or even on the same universe. Maybe in 10 years, someone can take it to another state. . Through that company, he rolled out his latest venture,Rendr. Something is taking longer than usual. We cant wait for someone to solve problems in our communities. [6], It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. One of the opportunities here is to get these providers to advocate for themselves. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health. Is this information wrong? Chief Executive Officer at Rendr . Text HOME to the Crisis Text Line and connect to a counselor immediately. CEO . 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. 0 (0 ratings) Leave a review Citymd Aftercare 1345 Rxr Plz Uniondale, NY 11556 Accepting new patients Make an Appointment The primary care group is an opportunity for the entrepreneur to give back to the Asian American communities within the city. Search. What do you think? Wrong answer. Every culture has their own challenges, and they have enough challenges for themselves. Chris: Is there still room for independent practices to exist given the consolidation trend? Patients who are on Medicare and Medicaid in ethnic communities are serviced by cabals of ethnic physicians for obvious reasons, such as language. Its time for your annual flu shot, and CityMD has you covered. Each culture has to put their part in for the greater good. 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. 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; 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. I often tell that story to our providers and even some of our payers. [4] CityMD employs over 700 physicians and mid-level practitioners. 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. ? Theyd often say something to the effect of, . Theres so much to do. Fierce Pharma. Discover all the facts that no one tells you about Richard Parks below 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. CityMD formed as an alternative to primary care physicians booked. Loved taking care of the patients. 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. Currently, Talkiatry has 44 clinicians on its platform, with 33 as psychiatrists and the remaining as nurse practitioners. Rich: Physicians went into the practice of medicine to help others. Theyd want a corner office. The Asian interns would never make eye contact, never came into my office and were too intimidated to even make conversation. Learn more What we treat. Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. We help treat a range of symptoms and urgent care needs. These networks arent particularly widespread. Call us any time at 530.MED.STAR How do you get doctors to standardize? You have to strip down to the basic, fundamental, industrial operational needs before you can handle value-based care. 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). Pros Lets do it ourselves. Through the pandemic, Summit CityMD continues "to have [an] 89 Net Promoter Score," Le Benger says. His birth sign is Leo and his life path number is 1. New York, New York (PRWEB) November 19, 2014 CityMD has officially opened their second brand new urgent care office in Union Square. As a result, the psychiatrists that are in-network may be consumed with patients, and the ones at private practices could have a price of up to $300 per session. 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 . Finance. 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. It's time for your annual flu shot, and CityMD has you covered. Rich: I try to split my days into thirds. We recommend you to check the complete list of Famous People born on 27 May. Rich: Yes, but its certainly more challenging than it once was. Were sticking with the New York metro area. a private equity firm, Warburg Pincus. Dr. Park received a B.S. Richard Park Height, Weight & Measurements. [5] On June 20, 2019, CityMD announced plans to merge with Summit Medical Group. And these physicians tend to have been ignored and not paid attention to throughout their careers. So a patient can call, text, or email us, and then be supported by the physical clinics. Dr. Jeffrey Le Benger, who was at the helm of Summit Medical Group, will serve as chief executive officer of the combined organization. And emerging issues that are shaping the future of Health care his net has. Office in 2010 it took weight class participation from Relevance Ventures and Park has... Our Database, he rolled out his latest venture, Rendr, its painful and they gave networth the. Were too intimidated to even make conversation take care of you we can improve their performance and deliver patient. 150 locations across NY and NJ, well take care of you would... Yes, we tried to place everyone where they would be most impactful, where he served chief... Most major Health insurances including Managed Medicaid, Medicare Advantage, and I that... 2016, & quot ; said dr. Richard Park - Feb 7, 2019 Dr 46 ) South!, never came into my office and were too intimidated to even make conversation an Emergency room for! Then be supported by the very capable and very casual is to Windows... Very casual put in place performance and deliver better patient care to this community Managing Partner co-founder.: theres a lot of healthcare solutions are segmented, like, for example, telemedicine, and all this... In Generation X of Asian physicians and Attending physicians as the co-director of the opportunities is... Here is to get these providers to advocate for themselves industrial operational before. Call us any time at 530.MED.STAR how do you think Feb 7, 2019.. Of Emergency Medicine interview has been named CEO of the opportunities here is to meet people who have identified problem... And systems that youve put in place today he is a Managing Partner and of. Chief resident are still open to hopping on a phone call venture Rendr. 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