EMERYVILLE, Calif., Jan. 3, 2013 (GLOBE NEWSWIRE) -- CEP America is pleased to announce that on January 1, 2013, Galen hospitalist physicians joined CEP America as Partners. Going forward, hospitalists have a partnership track and profit distribution structure similar to CEP America's emergency medicine and ambulatory and urgent care physicians – a structure that is unique among hospital medicine physician groups.
CEP America is owned by its physician Partners in an equitable manner; there are no employed physicians, independent contractors, or super-owners within CEP America. The organization is governed by its Partners, offering full participation, transparency and fairness.
The announcement comes as CEP America physicians begin staffing the inpatient department at Mercy Medical Center in Redding, California on January 1. CEP America's emergency medicine physicians have been managing the emergency department (ED) at Mercy Medical Center – Redding since 2007.
"As the healthcare environment changes, CEP America must adopt new models to ensure long-term success of our organization," said Mark Spiro, MD, CEP America's President. "By extending Partner status to our hospitalist physicians, we will be prepared to provide services for the more fully integrated acute care continuum of the future."
Galen Inpatient Physicians is a hospital medicine staffing company affiliated with CEP America. As Galen physicians become Partners in CEP America, they will now belong to the CEP America – Hospital Medicine service line. Managing all aspects of an inpatient practice, CEP America's Hospital Medicine physicians will focus on improved integration between the ED and inpatient department; and aligning the goals of each practice with those of the client hospital to ensure high-quality, cost effective care across the acute care continuum.
Founded in 1975, CEP America is one of the largest democratic physician partnerships in the US, with ownership of the Partnership distributed equitably among practicing physicians. Today, CEP America provides a wide range of clinical, staffing, and management solutions across emergency, urgent, inpatient, and post-discharge settings.
The CEP America logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11833
CONTACT: Media Contact Eric Jost 510-350-2649 email@example.com
Source: CEP America