NORTH HOLLYWOOD, Calif., Nov. 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 acute and post-acute care market with the acquisition of Hospital Practice Associates, Inc.(HPA), in Jacksonville, Florida.
"HPA, the group's leader Dr. Elias Saikali, and his team have a well-established reputation in the Jacksonville community and have developed strong relationships in both acute and post-acute facilities in the area. They have successfully brought a commitment to excellence that fits perfectly with IPC's focus on the acute and post-acute continuum of care model," said R. Jeffrey Taylor, president and COO of IPC.
Dr. Saikali will continue with the group as IPC's Practice Group Leader. "By combining HPA's regional reputation and capabilities with IPC's breadth of experience and infrastructure support, we will further strengthen our ability to improve the quality of care and outcomes in the Jacksonville market," Dr. Saikali said.
The patient encounters for the practice are estimated at approximately 34,000 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 1,800 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 website at www.ipcm.com.