CityMD Receives Majority Investment from Warburg Pincus

CityMD, a urgent care provider in the New York Metro area, received a majority investment from funds affiliated with Warburg Pincus.

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.



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