NORTH HOLLYWOOD, Calif., March 21, 2013 (GLOBE NEWSWIRE) -- IPC The Hospitalist Company, Inc. (Nasdaq:IPCM), a leading national hospitalist physician group practice company, announced today that it has acquired two closely related hospitalist practices in the Wichita, Kansas area: Kansas Inpatient Services, LLC and Kansas Long Term Care Physicians, LLC (collectively "KIS"). These acquisitions mark IPC's entry into the Wichita market.
R. Jeffrey Taylor, President and COO of IPC, stated, "KIS has successfully developed a balanced and integrated mix of services in community hospitals, long-term acute care hospitals, skilled nursing facilities and behavioral health facilities. This is very much in keeping with IPC's commitment to providing effective transitions of care to patients across the continuum of acute and post-acute care. We believe this continuity and ability to manage a patient through an episode of care is vital in this era of healthcare reform."
Co-founders Adam Flynn, M.D. and John Womack, M.D. will continue to provide clinical leadership to the practice under IPC. Dr. Flynn commented, "The KIS practice is an important resource to our community physician and facility partners throughout the Wichita area. Combining our regional reputation and capabilities with IPC's breadth of experience and infrastructure support will further strengthen our ability to improve the quality of care and outcomes in our marketplace."KIS's patient encounters are estimated at approximately 90,000 on an annualized basis. 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 practice in hospitals or other inpatient facilities, including acute, post-acute and long-term care settings. 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 . The IPC The Hospitalist Company, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17095
CONTACT: Media Contact: Scott Public Relations Elaine Murphy 818.610.0270 email@example.com Investor Contact: PondelWilkinson Evan Pondel 310.279.5980 firstname.lastname@example.org
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