IPC The Hospitalist Company Acquires Michigan Practice Group
NORTH HOLLYWOOD, Calif., May 26 IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national hospitalist physician group practice company, announced today that it has acquired Continuum Geriatric Services PLLC (CGS), headquartered in Livonia, Michigan. CGS practices in more than 60 nursing and assisted living facilities in Michigan, where IPC has an established presence. CGS has an annualized volume of approximately 105,000 patient encounters.
Adam Singer, MD, Chairman and CEO, said, "The acquisition of CGS represents continued expansion for IPC into closely related business segments that focus on the management and coordination of facility-based care. The highly dedicated geriatric physicians and midlevel providers at CGS offer IPC's Michigan operation an opportunity to improve coordination and integration of patient care with the goal of improving overall quality and offering a better experience for patients and their families."
Jerry Wilborn, MD, FCCP, co-founder of CGS, will join IPC as a Practice Group Leader for the region's sub-acute practice groups. Dr. Wilborn commented, "This is a culmination of our long-term vision for developing a true continuum of care for our patients. IPC is well established in the area's acute care hospitals, and is best situated to develop a comprehensive program for care of the elderly in this market, bringing a new and innovative dimension to the quality of care for our patients."
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.
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SOURCE IPC The Hospitalist Company, Inc.
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