CityMD
IndustryHealthcare
Founded2010
Headquarters,
Key people
Richard Park, M.D.
(Founder & CEO)
ProductsUrgent care
Websitewww.citymd.com

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

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

  1. "Our Story - CityMD". www.citymd.com.
  2. 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)
  3. Williams, Joseph P. (January 15, 2019). "Putting the 'Care' Back in Health Care". U.S. News & World Report. Retrieved December 14, 2021.
  4. 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)
  5. Lamantia, Jonathan (April 18, 2017). "Private-equity firm Warburg Pincus to acquire CityMD". Crain's New York Business. Retrieved December 14, 2021.(subscription required)
  6. "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.
  7. Fanelli, James (May 4, 2018). "CityMD ponies up $6.6M for submitting false claims to Medicare". New York Daily News. Retrieved December 14, 2021.
  8. Commins, John (June 5, 2018). "CityMD Pays $883K to Settle NY False Claims Allegations". Health Leaders. Retrieved December 14, 2021.
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