A Medical Device Daily
IPC The Hospitalist Company (North Hollywood, California) has acquired Midwest Hospital Specialists, Midwest Hospital Care, and Peterson Management Co. (PMC), collectively known as Hospital Inpatient Management Services (HIMS; Overland Park, Kansas). The acquisition of HIMS represents a new practice region for IPC. HIMS has an annualized volume of approximately 140,000 patient encounters.
Adam Singer, MD, CEO/chairman of IPC, said, “HIMS has built an outstanding regional practice and their strong reputation in the Kansas City market is well deserved. Their physician and management talent, coupled with their commitment to aligning with hospitals and referring physicians, makes HIMS an ideal fit for IPC. Supported by IPC's substantial financial and administrative resources, HIMS is positioned for even greater success in the Kansas City market.“
Thomas Simmons, MD, majority owner of Midwest Hospital Specialists, will continue as a Practice Group Leader, while Sanford Peterson, PhD, head of PMC, will remain in the newly created position of Executive Director for the IPC Kansas City Region. Simmons said, “HIMS has watched with interest as IPC has helped many practices around the country improve their competitive position by utilizing IPC's capital and infrastructure support. The new era of healthcare reform compels groups such as ours to look for like-minded partners who can help us continue to strengthen our capabilities. As part of IPC, our physicians are better prepared to deliver high-quality inpatient care in Kansas City and surrounding markets.“
In addition, IPC also reported it has acquired Desert Pediatric Hospitalists (Mesa, Arizona). The practice has an annualized volume of about 50,000 pediatric inpatient encounters. IPC has been active in the Phoenix market since 1998, and has provided pediatric hospitalist services since 2001.
Steve Mousser, MD, Sheena Banerjee, MD and Troy Nelson, MD, owners of Desert Pediatrics, will remain in practice with IPC. Mousser said, “Both IPC and Desert Pediatrics have a well-established presence in pediatric inpatient care in the Phoenix area. The additional resources and capabilities of IPC will enable our practice to continue to grow while also enhancing our reputation for providing outstanding quality of care.“
With this acquisition, fourteen hospitalist and other facility-based group practices have become part of IPC in 2010, representing a combined total of about 700,000 additional annualized encounters.
IPC is a physician group practice company focused on the delivery of hospitalist medicine and related facility-based services.