IPC Healthcare Expands Market Presence in Chicago
October 22 2015 - 8:01AM
IPC Healthcare, Inc. (Nasdaq:IPCM), a leading national acute
hospitalist and post-acute provider organization, announced today
that it has acquired Hospital Medicine Consultants, LLC in Chicago,
Illinois. The acquisition complements IPC Healthcare's existing
market presence for acute and post-acute services in the
northwestern suburbs of the Chicagoland area.
Commenting on the acquisition, IPC's Chicago Executive Director
Jennifer Miraglia said, "We are excited to have Hospital Medicine
Consultants join an organization that will help their practice to
continue to grow and adapt to the changes occurring in markets
across the country in both acute and post-acute care. It is
increasingly difficult for independent groups to meet all of the
new demands of value-based and more highly coordinated care. The
unique combination of infrastructure, specialized expertise, and
breadth of experience that IPC brings to its clinicians, offers a
support system that is unequaled by other clinician management
organizations."
"HMC's talented clinicians will help boost IPC's presence in
Chicago's northwestern suburbs and give us an improved capability
to service both the acute and post-discharge needs of patients in
the market," said R. Jeffrey Taylor, president and COO of IPC
Healthcare. "Hospital Medicine Consultants is an impressive
organization that has built a loyal customer base by providing high
quality care and superior service, and we are pleased to welcome
the group's clinicians to our IPC family."
This acquisition is expected to add more than 20,000 encounters
on a combined annualized basis.
About IPC Healthcare, Inc.
IPC Healthcare, Inc. (Nasdaq:IPCM) is a leading national acute
hospitalist and post-acute provider group practice company. IPC
Healthcare's affiliated physicians and other clinical providers
practice in approximately 400 hospitals and 2,000 post-acute care
facilities. The Company offers its more than 2,000 employed
clinicians comprehensive training, information technology, and
management support systems to improve the quality and reduce the
cost of patient care in the facilities it serves. For more
information, visit the IPC Healthcare website at
www.ipchealthcare.com
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