NORTH HOLLYWOOD, Calif., Nov. 30, 2011 (GLOBE NEWSWIRE) -- IPC The Hospitalist Company, Inc. (Nasdaq:IPCM), announced today that it has appointed Glenn Appelbaum to the newly created position of Senior Vice-President of Operations. In his new role, Appelbaum will be responsible for operational supervision of IPC's budgets and forecasts, developing plans for operational improvements, tracking performances to the plans, and for operational oversight of a number of the company's market areas. Appelbaum will report to R. Jeffrey Taylor, IPC's President and COO, and will assume his new responsibilities December 1, 2011.
"IPC has grown rapidly over its fifteen year history," said Taylor. "We currently have hospitalist practices in more than 30 market areas in 23 states, with additional ones in the planning stage. In order to operate more efficiently we appointed Glenn to this newly created position. As one of our most senior Executive Directors, he has consistently demonstrated strong operational performance and will bring a new dimension of leadership to our regional operating units."
"We believe that Glenn's track record in operations management will bring valuable experience to helping manage IPC's capabilities," added Adam Singer, MD, IPC's Chairman and CEO. "With Glenn in his new position, teaming with Jeff Taylor, we will have greater capacity to support a larger number of market areas and practices as we continue to grow. We welcome Glenn to this new position and look forward to his contributions as a member of our corporate team."
Appelbaum joined IPC in 1999 as Executive Director of the St. Louis region. His area of responsibility subsequently grew to include four states: North Carolina (2005), Tennessee (2006), Georgia (2007) and Alabama (2011). Prior to joining IPC, Appelbaum held various financial and senior executive positions with Alexian Brothers Hospital in St. Louis, Missouri from 1985 to 1999. He holds a Bachelor of Science in Business Administration from the University of Missouri and is a Certified Public Accountant.
About IPC The Hospitalist Company, Inc.
IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) is a leading physician group practice company focused on the delivery of hospitalist medicine and related facility-based services. IPC's physicians and affiliated providers manage the care of patients in coordination with primary care physicians and specialists. The Company offers its providers the comprehensive training, information technology, and management support systems necessary 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.hospitalist.com.