Who owns City MD Urgent Care?

Is CityMD privately owned?

Private equity firm Warburg Pincus buys majority of urgent-care chain CityMD. Private equity giant Warburg Pincus has acquired a majority stake in CityMD, a growing urgent-care center chain with 68 centers in New York, New Jersey and Washington.

Who is the owner of CityMD?

CityMD founder Richard Park on improving care for Asian Americans in NYC. 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.

Who is the president of CityMD?

Rob Connor, CityMD’s President, will become President of the combined group.

How much did CityMD sell for?

The doctor who founded CityMD and sold it for $600 million explains how a new kind of medical clinic is changing how Americans get healthcare.

Does CityMD do rapid Covid testing?

Rapid Test

This test will detect if you are actively infected with the COVID-19 virus. Administered via a nasal swab.

Does CityMD have a stock?

CityMD’s deal structure is available for 1 funding round, including their Acq – Fin from April 18, 2017.

1 Deal Term.

Round Acq – Fin
Amount Raised $99M
Shares Authorized
Issuance Price
Dividend Rate

Who owns Summit medical?

Jeffrey Le Benger, chairman and CEO of Summit Medical Group, said in prepared remarks. Founded in 2010 by a group of emergency medicine physicians, CityMD has grown to more than 120 locations across New York, New Jersey and Washington.

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Who owns Warburg Pincus?

Warburg Pincus traces its roots to E.M. Warburg & Co., an investment banking and private investment consulting firm, founded in New York in 1939 by Eric Warburg. In 1966, the firm was acquired by Lionel I. Pincus & Co., a venture capital and financial consulting firm.

Who owns westmed medical group?

Westmed Medical Group is a 500-provider multispecialty group that’s 100% independent. The management services are performed by Westmed Practice Partners, which is 100% owned by Optum.

What is CityMD worth?

Private-equity firm Warburg Pincus last week bought a majority stake in CityMD for an undisclosed price. Reuters said the deal valued the chain at about $600 million.