IPC Continues Investment in Post-Acute Market With Acquisition of Comprehensive Health Solutions

NORTH HOLLYWOOD, Calif., Oct. 20, 2014 (GLOBE NEWSWIRE) -- IPC The Hospitalist Company, Inc. (Nasdaq:IPCM), a leading national hospital medicine and post-acute physician group practice company, announced today that it is continuing its investment in the Mid-Atlantic region of the U.S. with the acquisition of Comprehensive Health Solutions, based in Newtown Square, PA.

"We are excited about the expansion of our business into the Philadelphia market and the leadership that David R. Jones, D.O., and his team will add to our team of acute and post-acute specialists in the mid-Atlantic region," said R. Jeffrey Taylor, president and COO of IPC.

Dr. Jones, owner of Comprehensive Health Solutions, will continue with the group as the Practice Group Leader. "IPC's expertise in both post-acute and acute care, and their platform and scale will help our group enhance the continuity and quality of care for our patients and for the facilities that we serve," Dr. Jones said.

The patient encounters for the practice are estimated at approximately 13,500 on a combined annualized basis.

About IPC The Hospitalist Company, Inc.

IPC The Hospitalist Company, Inc. (Nasdaq:IPCM) is a leading national hospital medicine and post-acute physician group practice company. IPC's physicians and affiliated providers practice in over 400 hospitals and 1,200 post-acute care facilities. The Company offers its 1,700 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 website at www.ipcm.com.

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Source:IPC The Hospitalist Company, Inc.