IPC Healthcare Expands Post-Acute Market Presence in the Greater Kansas City Metropolitan Area
19 Novembre 2015 - 2:00PM
IPC Healthcare, Inc. (Nasdaq:IPCM), a leading national acute
hospitalist and post-acute provider organization, announced today
that it has acquired Heartland Geriatrics, LLC, in Overland Park,
Kansas. The acquisition complements IPC's existing market presence
for acute and post-acute services in the Kansas City area.
Commenting on the acquisition, owner Charles Davis, M.D., said,
"We are excited to join forces with an organization that will
invest in our practice for continuous growth in the post-acute
market. It is increasingly difficult for independent groups to meet
all of the new demands of value-based care, and joining IPC ensures
that we will be solid and stable, despite the uncertainties of the
healthcare marketplace today. The company has long been recognized
as a physician-centric organization that values its clinicians. As
part of IPC, we believe our ability to continue to deliver
high-quality and cost-effective care will be further enhanced."
R. Jeffrey Taylor, president and COO of IPC Healthcare, stated,
"Dr. Davis and his team have a well-established reputation in the
Kansas City market, and we are excited about the expansion into 30
new post-acute facilities. Our shared commitment to improving the
health of patients, as well as the dedication to excellence of Dr.
Davis's practice, align perfectly with IPC's culture."
This acquisition is expected to add more than 15,000 encounters
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 approximately 400 hospitals and 2,000 post-acute care
facilities. The Company offers its more than 2,000 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.
CONTACT: Media Contact:
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Elaine Murphy
818.610.0270
elaine@scottpublicrelations.com
Investor Contact:
PondelWilkinson
Evan Pondel
310.279.5980
epondel@pondel.com
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