CityMD
 | |
| Industry | Healthcare |
|---|---|
| Founded | 2010 |
| Headquarters | , |
Key people | Richard Park, M.D. (Founder & CEO) |
| Products | Urgent care |
| Website | www |
CityMD is a healthcare company co-founded in 2010 by Rich Park and a group of 8 physicians.[1][2][3] The company operates more than 150 urgent care centers in New Jersey and New York. It is the largest urgent care company in the New York metro area.[4] CityMD employs over 700 physicians and mid-level practitioners. In 2017, Warburg Pincus acquired a majority stake in the company.[5] On June 20, 2019, CityMD announced plans to merge with Summit Medical Group.[6]
Controversies
[edit]It was reported that in 2018, CityMD agreed to pay Medicare $6.6 million for billing fraud.[7] They also paid New York state another $883,000 to settle false claims allegations.[8]
References
[edit]- ^ "Our Story - CityMD". www.citymd.com.
- ^ Lamantia, Jonathan (November 17, 2015). "CityMD shakes up New York's health care industry". Crain's New York Business. Retrieved December 14, 2021.(subscription required)
- ^ Williams, Joseph P. (January 15, 2019). "Putting the 'Care' Back in Health Care". U.S. News & World Report. Retrieved December 14, 2021.
- ^ Corr, Amy (November 9, 2018). "Guilt Is the Most Effective Medicine in This Relatable New York Clinic Ad". Adweek. Retrieved December 14, 2021.(subscription required)
- ^ Lamantia, Jonathan (April 18, 2017). "Private-equity firm Warburg Pincus to acquire CityMD". Crain's New York Business. Retrieved December 14, 2021.(subscription required)
- ^ "CityMD and Summit Medical Group Announce Plans to Merge to Deliver an Unparalleled Patient Care Experience". PR Newswire. June 20, 2019. Retrieved December 14, 2021.
- ^ Fanelli, James (May 4, 2018). "CityMD ponies up $6.6M for submitting false claims to Medicare". New York Daily News. Retrieved December 14, 2021.
- ^ Commins, John (June 5, 2018). "CityMD Pays $883K to Settle NY False Claims Allegations". Health Leaders. Retrieved December 14, 2021.