IPC Healthcare Continues Florida Expansion With Acquisition of Three Practice Groups

NORTH HOLLYWOOD, Calif., Oct. 1, 2015 (GLOBE NEWSWIRE) -- IPC Healthcare, Inc. (Nasdaq: IPCM), a leading national acute hospitalist and post-acute provider organization, announced today that it has acquired the following practices in Ocala, Florida: Ocala Hospital Group, PA; Hospitalists of Ocala, LLC; and Ocala Geriatric Services. The acquisitions complement IPC Healthcare's existing market presence for acute and post-acute services in the Ocala region.

"We continue to focus on acquiring quality practices that further enhance IPC's presence in existing markets, and we are excited to welcome the talented clinicians of all three of these practices to the IPC team," said R. Jeffrey Taylor, president and COO of IPC Healthcare. "We already overlap with these groups in several facilities, and we believe that through consolidation of the groups IPC can ultimately provide a more consistent and aligned service to those facilities and to the community."

The three acquisitions are expected to add more than 130,000 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

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