business
Large hospitalist company continues expansion beyond inpatient setting
NEWS IN BRIEF — Posted July 23, 2012
IPC The Hospitalist Company, the largest practice management organization dedicated to hospitalists, announced July 5 that it acquired Transitions of Care. The Chicago-based practice provides services to patients who, after a hospitalization, are living in skilled nursing or assisted-living facilities.
Terms of the deal were not disclosed. The transaction marks IPC’s ongoing growth in providing services after hospitalization but before a patient returns to primary care. The company, which is based in North Hollywood, Calif., announced March 7 the acquisition of Asana Integrated Medical Group. Asana provides behavioral health care during and after a hospitalization to patients in California and Arizona.
IPC also announced Oct. 19, 2011, the acquisition of Comprehensive Wound Care, which treats various ulcers and chronic wounds among patients in Phoenix.
The company is expected to continue to acquire more hospitalist practices, as well as those providing services immediately after an inpatient stay. IPC is not buying outpatient practices at this time.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2012/07/23/bibf0723.htm.












