The amount of the deal was not disclosed.
The company intends to use the proceeds to accelerate its expansion through new site openings and strategic acquisitions and partnerships.
Co-founded by President and CEO Dr. Richard Park and other physician partners in 2010, CityMD offers a wide range of comprehensive care by qualified physicians, as well as other clinical and support staff. The coompany also provides an innovative Aftercare Service to assist patients with follow-up care including referrals, pre-approvals and other appointments.
Today, CityMD has over one million patient visits per year and operates 68 locations in New York, New Jersey and Washington State with a growing team of over 300 medical professionals and providers.