CityMD explained
| CityMD |
| Industry: | Healthcare |
| Foundation: | 2010 |
| Location City: | New York, New York |
| Location Country: | United States |
| Key People: | Richard Park, M.D.
(Founder & CEO) |
| Products: | Urgent care |
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]
External links
Notes and References
- Web site: Our Story - CityMD. www.citymd.com.
- Web site: Lamantia . Jonathan . CityMD shakes up New York's health care industry . . December 14, 2021 . en . November 17, 2015.
- Web site: Williams . Joseph P. . Putting the 'Care' Back in Health Care . . December 14, 2021 . en . January 15, 2019.
- Web site: Corr . Amy . Guilt Is the Most Effective Medicine in This Relatable New York Clinic Ad . . December 14, 2021 . November 9, 2018.
- Web site: Lamantia . Jonathan . Private-equity firm Warburg Pincus to acquire CityMD . Crain's New York Business . December 14, 2021 . en . April 18, 2017.
- Web site: CityMD and Summit Medical Group Announce Plans to Merge to Deliver an Unparalleled Patient Care Experience . . December 14, 2021 . en . June 20, 2019.
- Web site: Fanelli . James . CityMD ponies up $6.6M for submitting false claims to Medicare . . December 14, 2021 . May 4, 2018.
- Web site: Commins . John . CityMD Pays $883K to Settle NY False Claims Allegations . Health Leaders . December 14, 2021 . en . June 5, 2018.
