Who owns Citymd?
CityMD is a healthcare company, It is the largest urgent care company in the New York metro area. CityMD employs over 700 physicians and mid-level practitioners. It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. They also paid New York state another $883,000 to settle false claims allegations….
CityMD is a healthcare company, It is the largest urgent care company in the New York metro area. CityMD employs over 700 physicians and mid-level practitioners. It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud. They also paid New York state another $883,000 to settle false claims allegations.
Who owns CityMD?
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. In 2017, he sold the company for $600 million to a private equity firm, Warburg Pincus. Most recently, it was merged with another Warburg property, Summit Medical Group under the corporate title, Summit Health.
Founded in 2010 by Dr. Rich Park and a group of emergency medicine physicians, CityMD’s mission is to serve its communities by providing an exceptional experience through high-quality medical care and convenient
access.
The company’s unwavering commitment to treating everyone with respect and genuine kindness, while offering exceptional services and a cost-effective alternative to the ER, has enabled CityMD to grow from one Manhattan practice to more than 120 locations in New York, New Jersey, and Washington state. To date, CityMD has treated over 3 million patients.
