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IPC The Hospitalist Company Announces Board of Director Member Changes

Friday, March 21, 2008 General News
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NORTH HOLLYWOOD, Calif., March 20 IPC TheHospitalist Company, Inc. (Nasdaq: IPCM), a leading provider of hospitalistservices, announced today the election of Woodrin Grossman to its board ofdirectors. Mr. Grossman will serve on the audit and nominating and governancecommittees.
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In June 2005, Mr. Grossman retired as partner and healthcare practiceleader of PricewaterhouseCoopers after 37 years of service with the firm.With PricewaterhouseCoopers, Mr. Grossman served as the audit partner foraudits of Fortune 500 and other companies. Mr. Grossman served as Senior VicePresident-Strategy and Development of Odyssey HealthCare Inc. from January2006 to December 2007 and as a director from July 2005 to January 2006. Mr.Grossman received a B.S. from Moravian College and an MBA from the WhartonSchool at the University of Pennsylvania. He currently serves on the board ofKinetic Concepts Inc. and Encompass Home Health.
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Adam D. Singer, M.D., Chief Executive Officer, noted, "I am pleased towelcome Woody Grossman to our board. Woody is a seasoned executive in thehealthcare industry who brings a breadth of industry knowledge and auditingexpertise that will be extremely valuable to us as a newly public company. Welook forward to working with Woody as we focus on enhancing our performanceand achieving our goal of continuing to be a leader in the hospitalist space."

IPC also announced that long standing board member, Barry Smith hasinformed the board that he will tender his resignation effective with the nextboard meeting as he has been asked by the leadership of the LDS Church toserve full-time as a mission president requiring him to leave all for-profitand non-profit boards.

Dr. Singer commented, "Barry has been a valuable member of the IPC teamfor many years and we will certainly miss working with him personally and thehealth care business expertise he brought to our board, but we wish him wellin his new role."

About IPC The Hospitalist Company

IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) is a leading physiciangroup practice company focused on the delivery of hospitalist medicineservices. IPC's physicians and affiliated providers manage the care ofhospitalized patients in coordination with primary care physicians andspecialists. The Company provides its hospitalists with the comprehensivetraining, information technology, and management support systems necessary toimprove the quality and reduce the cost of inpatient care in the facilities itserves. For more information, visit the IPC website at www.hospitalist.com.Contacts: Devra Shapiro Stephanie Carrington/Jared Hoffman IPC The Hospitalist Company, Inc. The Ruth Group (818) 766-3502 646-536-7017/7013 [email protected] [email protected]

SOURCE IPC The Hospitalist Company, Inc.
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