NORTH HOLLYWOOD, Calif., March 26, 2015 (GLOBE NEWSWIRE) -- IPC Healthcare, Inc. (Nasdaq:IPCM), a leading national acute hospitalist and post-acute provider organization, announced today that it has acquired GTA Health Solutions, a behavioral health post-acute practice headquartered in Morristown, Tennessee.
R. Jeffrey Taylor, president and COO of IPC Healthcare, said, "This acquisition will complement IPC's existing post-acute presence and will serve as an additional platform for continued growth, specifically within eastern Tennessee. GTA's clinicians have a well-established reputation for outstanding care in the Tennessee market. We are excited that the group's founder, Dr. Wayne Tasker, will stay with IPC as our Practice Group Leader."
"The changing healthcare environment, coupled with the opportunity to join a large practice group infrastructure, was important to us in making a decision to partner with IPC Healthcare. Additionally, because IPC already has a robust presence in the post-acute environment, it understands the importance of the positive impact on outcomes that behavioral health services can have in that setting. We're looking forward to our partnership, which will allow us to expand services in both Tennessee and beyond," said Wayne Tasker, Psy.D founder of GTA Health Solutions.
The patient encounters for the practice are estimated at approximately 29,000 on a combined annualized basis.
About IPC Healthcare, Inc.
IPC Healthcare, Inc. (Nasdaq:IPCM) is a leading national acute hospitalist and post-acute provider group practice company. IPC Healthcare's affiliated physicians and other clinical providers practice in over 400 hospitals and 1,500 post-acute care facilities. The Company offers it's more than 1,800 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 Healthcare website at www.ipchealthcare.com.
Source:IPC Healthcare, Inc.