CityMD branch at 561 Third Avenue, Manhattan, on Feb. 22, 2017. Photo by Buyouts Staff.
Urgent-care chain expands rapidly
Risks include geographic concentration: S&P
Firm is increasing customer usage, maintaining margins
A strategy of rapid growth at City MD, the provider of urgent-care services largely in the New York City metro area, is proceeding well but entails “considerable” risk, Standard & Poor’s reported. Analyst Matthew O’Neill assigned a B- corporate-credit rating ...