IPC The Hospitalist Company Acquires Missouri Practice

NORTH HOLLYWOOD, Calif., Oct. 6 /PRNewswire-FirstCall/ -- IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), the leading national hospitalist physician group practice company, announced today that it has acquired Premier Hospitalists, Inc.,  headquartered in St. Louis, Missouri.

The practice represents an annualized volume of approximately 20,000 patient encounters. The Premier physicians will join the existing IPC practice group in St. Louis, enabling the Company to provide broader coverage and higher quality of care to the facilities they currently serve.

R. Jeffrey Taylor, President and COO of IPC The Hospitalist Company, commented, "We are pleased that this well-established practice has chosen to join IPC.  In an increasingly challenging and uncertain healthcare environment, we are seeing more and more local independent groups looking to partner with IPC as a means to further grow their practices.   IPC has substantial resources, such as administrative support, information technology and growth capital, that enable the local hospitalist practice to remain strong and competitive."  

About IPC The Hospitalist Company, Inc

IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) is a leading physician group practice company focused on the delivery of hospitalist medicine and related facility-based services. IPC's physicians and affiliated providers manage the care of patients in coordination with primary care physicians and specialists. The Company offers its providers the comprehensive training, information technology, and management support systems necessary to improve the quality and reduce the cost of patient care in the facilities it serves. For more information, visit the IPC website at www.hospitalist.com.

SOURCE IPC The Hospitalist Company, Inc.

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